Honeywell International Inc. (NASDAQ:HON) Shares Sold by Nilsine Partners LLC

Nilsine Partners LLC decreased its stake in Honeywell International Inc. (NASDAQ:HON) by 3.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,914 shares of the conglomerate’s stock after selling 204 shares during the period. Nilsine Partners LLC’s holdings in Honeywell International were worth $1,336,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Baldwin Wealth Partners LLC MA grew its position in shares of Honeywell International by 4.0% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock worth $15,203,000 after acquiring an additional 2,611 shares during the last quarter. RIA Advisory Group LLC acquired a new position in Honeywell International in the third quarter valued at $6,124,000. Copley Financial Group Inc. acquired a new position in Honeywell International in the third quarter valued at $454,000. Toth Financial Advisory Corp raised its holdings in shares of Honeywell International by 11.2% in the fourth quarter. Toth Financial Advisory Corp now owns 18,395 shares of the conglomerate’s stock valued at $4,155,000 after buying an additional 1,859 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Honeywell International by 2.0% during the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock worth $132,155,000 after buying an additional 12,755 shares during the period. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on HON. Barclays lifted their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Bank of America increased their target price on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Jefferies Financial Group lifted their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Finally, Citigroup decreased their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Honeywell International has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International Price Performance

HON opened at $220.70 on Wednesday. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The company’s 50 day simple moving average is $226.32 and its 200 day simple moving average is $214.94. The stock has a market capitalization of $143.51 billion, a PE ratio of 25.49, a P/E/G ratio of 2.56 and a beta of 1.06.

Honeywell International 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.