Shulman DeMeo Asset Management LLC increased its position in shares of Honeywell International Inc. (NYSE:HON) by 8.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,322 shares of the conglomerate’s stock after acquiring an additional 103 shares during the period. Shulman DeMeo Asset Management LLC’s holdings in Honeywell International were worth $281,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Crewe Advisors LLC grew its holdings in Honeywell International by 73.0% during the third quarter. Crewe Advisors LLC now owns 173 shares of the conglomerate’s stock worth $28,000 after acquiring an additional 73 shares during the period. Catalyst Private Wealth LLC acquired a new position in shares of Honeywell International in the 3rd quarter valued at $29,000. Evolution Wealth Advisors LLC boosted its position in shares of Honeywell International by 98.0% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 198 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 98 shares during the period. Chiron Capital Management LLC acquired a new position in shares of Honeywell International in the 3rd quarter valued at $33,000. Finally, Fiduciary Planning LLC acquired a new position in shares of Honeywell International in the 3rd quarter valued at $36,000. 68.41% of the stock is currently owned by hedge funds and other institutional investors.
Honeywell International stock opened at $207.02 on Thursday. The firm’s 50 day moving average price is $210.44 and its two-hundred day moving average price is $176.93. Honeywell International Inc. has a twelve month low of $101.08 and a twelve month high of $216.70. The firm has a market cap of $145.26 billion, a PE ratio of 29.70, a P/E/G ratio of 3.96 and a beta of 1.13. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.37 and a current ratio of 1.64.
A number of equities analysts recently weighed in on HON shares. Morgan Stanley increased their price target on Honeywell International from $178.00 to $219.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 15th. Deutsche Bank Aktiengesellschaft increased their price target on Honeywell International from $169.00 to $175.00 and gave the company a “hold” rating in a research report on Monday, November 2nd. Royal Bank of Canada decreased their price target on Honeywell International from $174.00 to $169.00 and set a “sector perform” rating for the company in a research report on Monday, November 2nd. Barclays raised their price objective on Honeywell International from $180.00 to $225.00 and gave the stock an “overweight” rating in a research report on Monday, November 30th. Finally, HSBC downgraded Honeywell International from a “buy” rating to a “hold” rating and set a $200.00 target price on the stock. in a report on Tuesday, November 17th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $183.06.
In other Honeywell International news, major shareholder Honeywell International Inc purchased 44,600 shares of the company’s stock in a transaction dated Monday, October 26th. The shares were bought at an average price of $3.39 per share, for a total transaction of $151,194.00. Following the purchase, the insider now directly owns 97,200 shares in the company, valued at approximately $329,508. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Rajeev Gautam sold 29,606 shares of the stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $182.35, for a total transaction of $5,398,654.10. The disclosure for this sale can be found here. In the last 90 days, insiders have bought 792,949 shares of company stock worth $3,067,475. 0.64% of the stock is currently owned by company insiders.
About Honeywell International
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. The 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; thermal systems; and connected solutions and data services for the aftermarket, as well as wireless connectivity, and management and technical services.
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