Weaver Capital Management LLC Has $1.82 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Weaver Capital Management LLC raised its position in Honeywell International Inc. (NASDAQ:HON) by 1.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,035 shares of the conglomerate’s stock after purchasing an additional 93 shares during the quarter. Weaver Capital Management LLC’s holdings in Honeywell International were worth $1,815,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Baldwin Wealth Partners LLC MA increased its position in shares of Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after acquiring an additional 2,611 shares during the last quarter. Costello Asset Management INC bought a new position in Honeywell International during the fourth quarter worth about $3,092,000. RIA Advisory Group LLC bought a new position in Honeywell International during the third quarter worth about $6,124,000. Copley Financial Group Inc. bought a new position in Honeywell International during the third quarter worth about $454,000. Finally, Toth Financial Advisory Corp grew its holdings in Honeywell International by 11.2% during the fourth quarter. Toth Financial Advisory Corp now owns 18,395 shares of the conglomerate’s stock worth $4,155,000 after purchasing an additional 1,859 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $223.55 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77. The stock has a market cap of $145.36 billion, a price-to-earnings ratio of 25.81, a P/E/G ratio of 2.57 and a beta of 1.05. The company’s fifty day moving average is $225.75 and its 200 day moving average is $215.12.

Analyst Ratings Changes

HON has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a report on Wednesday, December 11th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. Finally, The Goldman Sachs Group lifted their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average price target of $248.29.

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.