Greenup Street Wealth Management LLC Has $617,000 Stock Position in Honeywell International Inc. (NASDAQ:HON)

Greenup Street Wealth Management LLC trimmed its stake in Honeywell International Inc. (NASDAQ:HON) by 9.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,731 shares of the conglomerate’s stock after selling 295 shares during the period. Greenup Street Wealth Management LLC’s holdings in Honeywell International were worth $617,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International in the third quarter valued at approximately $25,000. Hoese & Co LLP bought a new position in shares of Honeywell International in the fourth quarter valued at $30,000. Reston Wealth Management LLC purchased a new stake in shares of Honeywell International in the third quarter worth approximately $29,000. Financial Avengers Inc. grew its stake in shares of Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after acquiring an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp boosted its position in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on HON shares. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Wells Fargo & Company reduced their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research note on Wednesday, December 11th. Finally, Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $225.77 on Tuesday. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The stock’s fifty day moving average price is $226.38 and its 200-day moving average price is $214.86. The firm has a market cap of $146.80 billion, a P/E ratio of 26.07, a P/E/G ratio of 2.56 and a beta of 1.06. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

About Honeywell International

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.