BigSur Wealth Management LLC Has $5.94 Million Stock Position in Honeywell International Inc. (NASDAQ:HON)

BigSur Wealth Management LLC lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 68.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,298 shares of the conglomerate’s stock after acquiring an additional 10,725 shares during the period. Honeywell International makes up approximately 1.7% of BigSur Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. BigSur Wealth Management LLC’s holdings in Honeywell International were worth $5,940,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of HON. Teachers Insurance & Annuity Association of America bought a new position in shares of Honeywell International in the third quarter worth $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International in the third quarter valued at about $29,000. Financial Avengers Inc. grew its position in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. Planning Capital Management Corp raised its stake in Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 81 shares in the last quarter. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of Honeywell International in the 3rd quarter valued at approximately $41,000. 75.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on HON shares. Jefferies Financial Group boosted their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Barclays raised their target price on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday. UBS Group reiterated a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. lowered their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International presently has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Stock Performance

NASDAQ HON opened at $222.58 on Monday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The company has a fifty day moving average price of $227.06 and a 200-day moving average price of $214.45. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The firm has a market cap of $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06.

About Honeywell International

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.