Affiance Financial LLC Sells 106 Shares of Honeywell International Inc. (NASDAQ:HON)

Affiance Financial LLC reduced its position in Honeywell International Inc. (NASDAQ:HON) by 3.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,167 shares of the conglomerate’s stock after selling 106 shares during the period. Affiance Financial LLC’s holdings in Honeywell International were worth $715,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International in the 3rd quarter valued at about $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International in the third quarter valued at approximately $29,000. Hoese & Co LLP bought a new position in shares of Honeywell International during the fourth quarter worth $30,000. Financial Avengers Inc. grew its holdings in shares of Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the period. Finally, Planning Capital Management Corp raised its stake in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

HON stock opened at $221.51 on Friday. The company has a fifty day moving average price of $226.38 and a 200-day moving average price of $214.83. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The company has a market capitalization of $144.04 billion, a P/E ratio of 25.58, a PEG ratio of 2.56 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Bank of America raised their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Barclays boosted their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. JPMorgan Chase & Co. decreased their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Finally, HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.