Thurston Springer Miller Herd & Titak Inc. Raises Holdings in Honeywell International Inc. (NASDAQ:HON)

Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 56.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,497 shares of the conglomerate’s stock after purchasing an additional 3,430 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Honeywell International were worth $2,145,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International during the third quarter valued at about $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International during the third quarter valued at about $29,000. Financial Avengers Inc. grew its position in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares in the last quarter. Planning Capital Management Corp grew 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 purchasing an additional 81 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in Honeywell International in the third quarter worth about $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Honeywell International stock opened at $218.50 on Wednesday. The company has a 50 day moving average price of $226.83 and a 200-day moving average price of $214.27. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. 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 market capitalization of $142.08 billion, a PE ratio of 25.23, a P/E/G ratio of 2.85 and a beta of 1.06.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Citigroup dropped their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday. Finally, Barclays dropped their price target on Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company 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.