Honeywell International Inc. (NASDAQ:HON) Shares Sold by Householder Group Estate & Retirement Specialist LLC

Householder Group Estate & Retirement Specialist LLC reduced its holdings in Honeywell International Inc. (NASDAQ:HON) by 69.9% during the 4th quarter, Holdings Channel reports. The fund owned 1,460 shares of the conglomerate’s stock after selling 3,391 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Honeywell International were worth $329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Honeywell International in the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the third quarter worth approximately $29,000. Financial Avengers Inc. lifted its position 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 boosted 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 purchasing an additional 81 shares in the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in shares of Honeywell International during the 3rd quarter valued at $41,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON stock opened at $222.58 on Friday. The company has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The stock’s fifty day simple moving average is $227.00 and its 200-day simple moving average is $214.36.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Wells Fargo & Company cut their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research note on Wednesday, December 11th. Bank of America increased their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Finally, Citigroup decreased their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International Profile

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.