Gilman Hill Asset Management LLC Acquires Shares of 925 Honeywell International Inc. (NASDAQ:HON)

Gilman Hill Asset Management LLC purchased a new stake in shares of Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 925 shares of the conglomerate’s stock, valued at approximately $209,000.

Other large investors have also recently modified their holdings of the company. City Holding Co. raised its position in Honeywell International by 5.0% during the 4th quarter. City Holding Co. now owns 12,245 shares of the conglomerate’s stock valued at $2,766,000 after purchasing an additional 582 shares in the last quarter. Ellsworth Advisors LLC raised its holdings in shares of Honeywell International by 2.4% in the fourth quarter. Ellsworth Advisors LLC now owns 9,964 shares of the conglomerate’s stock valued at $2,251,000 after acquiring an additional 237 shares in the last quarter. Annex Advisory Services LLC grew its holdings in Honeywell International by 7.2% during the 4th quarter. Annex Advisory Services LLC now owns 48,952 shares of the conglomerate’s stock worth $11,058,000 after acquiring an additional 3,286 shares in the last quarter. Grove Bank & Trust increased its position in Honeywell International by 3.0% during the 4th quarter. Grove Bank & Trust now owns 3,909 shares of the conglomerate’s stock valued at $883,000 after purchasing an additional 115 shares during the period. Finally, Ballast Inc. lifted its position in shares of Honeywell International by 1.7% in the 4th quarter. Ballast Inc. now owns 6,430 shares of the conglomerate’s stock worth $1,452,000 after purchasing an additional 105 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

HON opened at $222.58 on Tuesday. The firm has a 50 day moving average of $227.06 and a two-hundred day moving average of $214.47. The firm has a market capitalization of $144.73 billion, a PE ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on HON. Barclays boosted their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday. Citigroup decreased their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. JPMorgan Chase & Co. cut their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Jefferies Financial Group increased their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Finally, Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Eleven 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 data from MarketBeat, Honeywell International 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.