Matrix Asset Advisors Inc. NY Invests $205,000 in Honeywell International Inc. (NASDAQ:HON)

Matrix Asset Advisors Inc. NY acquired a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 909 shares of the conglomerate’s stock, valued at approximately $205,000.

Several other institutional investors also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International in the 3rd quarter valued at $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International in the 3rd quarter valued at $29,000. Hoese & Co LLP acquired a new stake in Honeywell International in the 4th quarter valued at $30,000. Financial Avengers Inc. boosted its stake in 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 in the last quarter. Finally, Planning Capital Management Corp boosted its stake 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 in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Up 1.9 %

NASDAQ HON opened at $225.77 on Tuesday. The stock has a 50-day simple moving average of $226.38 and a 200 day simple moving average of $214.86. The company has a market capitalization of $146.80 billion, a PE 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. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77.

Analyst Ratings Changes

HON has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. The Goldman Sachs Group boosted their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Jefferies Financial Group boosted their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Finally, Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $248.29.

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.