Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 14.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,059 shares of the conglomerate’s stock after acquiring an additional 263 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Honeywell International were worth $465,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Honeywell International by 15.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,001 shares of the conglomerate’s stock worth $51,318,000 after buying an additional 30,439 shares in the last quarter. Y.D. More Investments Ltd lifted its holdings in Honeywell International by 37.5% during the 4th quarter. Y.D. More Investments Ltd now owns 858 shares of the conglomerate’s stock worth $194,000 after buying an additional 234 shares during the last quarter. Weaver Capital Management LLC boosted its holdings in shares of Honeywell International by 1.2% in the 4th quarter. Weaver Capital Management LLC now owns 8,035 shares of the conglomerate’s stock valued at $1,815,000 after buying an additional 93 shares during the period. Aua Capital Management LLC acquired a new stake in Honeywell International in the fourth quarter worth $215,000. Finally, Hager Investment Management Services LLC bought a new stake in Honeywell International during the 4th quarter valued at $56,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the topic of several research analyst reports. UBS Group reissued a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Citigroup dropped their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Jefferies Financial Group increased 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. 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. 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 given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International Stock Performance

Shares of HON stock opened at $222.35 on Thursday. The stock’s fifty day simple moving average is $225.61 and its 200-day simple moving average is $215.18. The company has a market capitalization of $144.58 billion, a price-to-earnings ratio of 25.68, a P/E/G ratio of 2.57 and a beta of 1.05. 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 1-year low of $189.75 and a 1-year high of $242.77.

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.