Cardinal Capital Management Inc. Increases Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Cardinal Capital Management Inc. lifted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 126,635 shares of the conglomerate’s stock after buying an additional 885 shares during the quarter. Cardinal Capital Management Inc.’s holdings in Honeywell International were worth $28,606,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International in the 3rd quarter worth about $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the 3rd quarter valued at about $29,000. Hoese & Co LLP purchased a new position in Honeywell International in the fourth quarter worth about $30,000. Financial Avengers Inc. lifted its stake in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp increased its position in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Honeywell International Trading Down 0.9 %

Shares of Honeywell International stock opened at $223.09 on Thursday. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The company has a market capitalization of $145.06 billion, a P/E ratio of 25.76, a P/E/G ratio of 2.58 and a beta of 1.06. The company has a fifty day moving average of $226.63 and a 200 day moving average of $214.69.

Analyst Ratings Changes

A number of research firms have commented on HON. Wells Fargo & Company reduced their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Citigroup reduced their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Finally, Barclays increased their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. 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. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $248.29.

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.