Insight Advisors LLC PA Has $330,000 Stake in Honeywell International Inc. (NASDAQ:HON)

Insight Advisors LLC PA reduced its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 27.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,455 shares of the conglomerate’s stock after selling 547 shares during the quarter. Insight Advisors LLC PA’s holdings in Honeywell International were worth $330,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Baldwin Wealth Partners LLC MA lifted its holdings in 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 in the last quarter. Costello Asset Management INC bought a new position in shares of Honeywell International during the 4th quarter valued at about $3,092,000. RIA Advisory Group LLC acquired a new position in shares of Honeywell International in the 3rd quarter valued at approximately $6,124,000. Copley Financial Group Inc. bought a new stake in Honeywell International during the 3rd quarter worth approximately $454,000. Finally, Sargent Investment Group LLC raised its holdings in Honeywell International by 268.6% during the 4th quarter. Sargent Investment Group LLC now owns 5,602 shares of the conglomerate’s stock worth $1,227,000 after buying an additional 4,082 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Performance

NASDAQ HON opened at $209.82 on Friday. The firm’s fifty day moving average price is $225.46 and its two-hundred day moving average price is $215.23. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The firm has a market capitalization of $136.44 billion, a P/E ratio of 24.23, a price-to-earnings-growth 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 (NASDAQ:HON) last released its quarterly earnings data on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 37.77% and a net margin of 15.02%. As a group, research analysts anticipate that Honeywell International Inc. will post 9.78 EPS for the current year.

Analyst Ratings Changes

HON has been the subject of several research reports. Bank of America increased their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Finally, The Goldman Sachs Group upped their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International has an average rating of “Hold” and a consensus target price of $248.29.

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.