Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Fiduciary Alliance LLC

Fiduciary Alliance LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 120.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,562 shares of the conglomerate’s stock after buying an additional 3,035 shares during the period. Fiduciary Alliance LLC’s holdings in Honeywell International were worth $1,256,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America purchased a new stake in Honeywell International in the third quarter valued at approximately $25,000. Reston Wealth Management LLC purchased a new stake in shares of Honeywell International during the 3rd quarter valued at $29,000. Financial Avengers Inc. increased its holdings in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the last quarter. Planning Capital Management Corp boosted its holdings in Honeywell International by 96.4% in 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 during the last quarter. Finally, Western Pacific Wealth Management LP purchased a new stake in Honeywell International during the third quarter valued at about $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Trading Up 0.4 %

HON opened at $219.10 on Tuesday. The stock has a market capitalization of $142.47 billion, a PE ratio of 25.30, a P/E/G ratio of 2.85 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The firm’s fifty day moving average price is $226.63 and its 200 day moving average price is $214.23.

Wall Street Analysts Forecast Growth

HON has been the topic of several research analyst reports. Bank of America lifted their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Citigroup decreased their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Royal Bank of Canada restated a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a report on Tuesday, December 3rd. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Honeywell International has a consensus rating of “Hold” and an average price target of $248.07.

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.