Honeywell International Inc. (NASDAQ:HON) Stake Cut by Claro Advisors LLC

Claro Advisors LLC trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,558 shares of the conglomerate’s stock after selling 665 shares during the period. Claro Advisors LLC’s holdings in Honeywell International were worth $3,289,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International in the third quarter valued at $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the 3rd quarter valued at $29,000. Financial Avengers Inc. lifted its holdings in 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 purchasing an additional 50 shares during the period. Planning Capital Management Corp increased its stake in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after buying an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of Honeywell International in the 3rd quarter worth approximately $41,000. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Trading Up 0.6 %

NASDAQ:HON traded up $1.22 during trading hours on Monday, hitting $219.41. 3,685,686 shares of the stock were exchanged, compared to its average volume of 3,115,330. The company’s 50 day moving average is $226.40 and its two-hundred day moving average is $214.20. The company has a market capitalization of $142.67 billion, a P/E ratio of 25.34, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Analyst Upgrades and Downgrades

HON has been the topic of several research analyst reports. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Barclays reduced their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. JPMorgan Chase & Co. cut their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Wells Fargo & Company dropped their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Finally, The Goldman Sachs Group boosted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price 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.