West Oak Capital LLC Purchases 8,384 Shares of Honeywell International Inc. (NASDAQ:HON)

West Oak Capital LLC lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 668.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,639 shares of the conglomerate’s stock after purchasing an additional 8,384 shares during the period. West Oak Capital LLC’s holdings in Honeywell International were worth $2,177,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Acadian Asset Management LLC grew its holdings in shares of Honeywell International by 36.7% during the 2nd quarter. Acadian Asset Management LLC now owns 5,870 shares of the conglomerate’s stock worth $1,252,000 after acquiring an additional 1,575 shares during the period. Headlands Technologies LLC purchased a new stake in Honeywell International in the second quarter worth $121,000. HHM Wealth Advisors LLC raised its holdings in Honeywell International by 8.0% in the second quarter. HHM Wealth Advisors LLC now owns 1,030 shares of the conglomerate’s stock worth $220,000 after purchasing an additional 76 shares in the last quarter. LPL Financial LLC lifted its position in Honeywell International by 11.2% during the second quarter. LPL Financial LLC now owns 651,596 shares of the conglomerate’s stock valued at $139,142,000 after buying an additional 65,559 shares during the period. Finally, Cornercap Investment Counsel Inc. bought a new stake in shares of Honeywell International during the 2nd quarter valued at $1,365,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the topic of several analyst reports. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a report on Wednesday, December 11th. Barclays cut their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a research report on Wednesday. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Royal Bank of Canada reiterated a “sector perform” rating and set a $253.00 price target on shares of Honeywell International in a report on Tuesday, December 3rd. Finally, Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $248.21.

Honeywell International Price Performance

Honeywell International stock traded down $1.98 during mid-day trading on Friday, reaching $218.19. 3,585,050 shares of the company’s stock traded hands, compared to its average volume of 3,046,439. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The company has a market cap of $141.88 billion, a price-to-earnings ratio of 25.20, a PEG ratio of 2.85 and a beta of 1.06. The stock has a 50 day moving average of $226.22 and a two-hundred day moving average of $214.18. 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 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.