Talbot Financial LLC Has $13.84 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Talbot Financial LLC grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 61,282 shares of the conglomerate’s stock after buying an additional 521 shares during the quarter. Honeywell International makes up 1.6% of Talbot Financial LLC’s portfolio, making the stock its 23rd largest position. Talbot Financial LLC’s holdings in Honeywell International were worth $13,843,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HON. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International in the third quarter worth about $25,000. Reston Wealth Management LLC acquired a new position in shares of Honeywell International during the 3rd quarter worth about $29,000. Financial Avengers Inc. grew its position 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 period. Planning Capital Management Corp grew its position in shares of Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP acquired a new position in shares of Honeywell International during the 3rd quarter worth about $41,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Performance

HON traded up $8.64 during trading hours on Monday, reaching $226.83. The company’s stock had a trading volume of 1,177,365 shares, compared to its average volume of 2,719,687. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company’s 50-day moving average is $226.40 and its 200-day moving average is $214.20. 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 firm has a market cap of $147.50 billion, a PE ratio of 26.19, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on HON. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $223.00 to $217.00 in a report on Friday, October 25th. Citigroup lowered their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday. UBS Group reissued a “buy” rating and set a $298.00 target price (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Finally, Bank of America increased their target price on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus 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.