Howland Capital Management LLC Sells 633 Shares of Honeywell International Inc. (NASDAQ:HON)

Howland Capital Management LLC lessened its stake in Honeywell International Inc. (NASDAQ:HON) by 28.8% in the fourth quarter, HoldingsChannel reports. The firm owned 1,562 shares of the conglomerate’s stock after selling 633 shares during the period. Howland Capital Management LLC’s holdings in Honeywell International were worth $353,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in HON. Fiduciary Financial Group LLC raised its stake in Honeywell International by 4.7% during the 3rd quarter. Fiduciary Financial Group LLC now owns 1,190 shares of the conglomerate’s stock worth $246,000 after buying an additional 53 shares during the period. Mechanics Bank Trust Department grew its position in shares of Honeywell International by 1.5% in the 3rd quarter. Mechanics Bank Trust Department now owns 19,764 shares of the conglomerate’s stock valued at $4,085,000 after purchasing an additional 297 shares during the period. Annex Advisory Services LLC increased its stake in Honeywell International by 10.5% during the 3rd quarter. Annex Advisory Services LLC now owns 45,666 shares of the conglomerate’s stock worth $9,440,000 after purchasing an additional 4,325 shares in the last quarter. Cardinal Capital Management Inc. raised its holdings in Honeywell International by 2.4% during the 3rd quarter. Cardinal Capital Management Inc. now owns 125,750 shares of the conglomerate’s stock worth $25,994,000 after buying an additional 2,905 shares during the period. Finally, Carnegie Investment Counsel lifted its stake in Honeywell International by 17.0% in the third quarter. Carnegie Investment Counsel now owns 39,228 shares of the conglomerate’s stock valued at $8,109,000 after buying an additional 5,687 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on HON. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Barclays boosted their price target on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Ten investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Honeywell International has an average rating of “Moderate Buy” and a consensus target price of $248.86.

Honeywell International Stock Down 2.0 %

Shares of HON stock opened at $205.52 on Monday. Honeywell International Inc. has a 52-week low of $189.75 and a 52-week high of $242.77. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.12 and a current ratio of 1.31. The stock has a market cap of $133.64 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 2.55 and a beta of 1.05. The firm’s 50-day moving average is $224.52 and its 200-day moving average is $215.10.

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 analysts’ consensus estimates of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Sell-side analysts predict that Honeywell International Inc. will post 10.3 EPS for the current year.

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.