Childress Capital Advisors LLC Boosts Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Childress Capital Advisors LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 2.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,127 shares of the conglomerate’s stock after purchasing an additional 55 shares during the period. Childress Capital Advisors LLC’s holdings in Honeywell International were worth $480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International during the 3rd quarter valued at about $25,000. Reston Wealth Management LLC purchased a new position in Honeywell International during the third quarter valued at approximately $29,000. Hoese & Co LLP bought a new stake in Honeywell International during the 4th quarter worth approximately $30,000. Financial Avengers Inc. boosted its holdings 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 purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp grew its position in shares of Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on HON. Wells Fargo & Company dropped their price objective on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 7th. 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 report on Thursday, December 12th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a report on Wednesday, December 11th. Finally, Barclays upped their target price on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Eleven research 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. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $222.41 on Tuesday. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The stock has a market capitalization of $144.62 billion, a P/E ratio of 25.68, a P/E/G ratio of 2.57 and a beta of 1.05. The company’s 50-day moving average is $225.91 and its 200 day moving average is $215.08. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

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.