Honeywell International Inc. (NASDAQ:HON) Shares Purchased by PFG Investments LLC

PFG Investments LLC grew its stake in Honeywell International Inc. (NASDAQ:HON) by 1.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 11,020 shares of the conglomerate’s stock after buying an additional 193 shares during the quarter. PFG Investments LLC’s holdings in Honeywell International were worth $2,489,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in HON. Oliver Lagore Vanvalin Investment Group increased its stake in Honeywell International by 162.2% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 312 shares of the conglomerate’s stock valued at $67,000 after purchasing an additional 193 shares during the last quarter. Ascent Group LLC lifted its holdings in Honeywell International by 3.6% during the 2nd quarter. Ascent Group LLC now owns 9,381 shares of the conglomerate’s stock worth $2,003,000 after buying an additional 322 shares during the last quarter. Aviso Wealth Management raised its position in shares of Honeywell International by 198.0% during the 2nd quarter. Aviso Wealth Management now owns 5,340 shares of the conglomerate’s stock worth $1,140,000 after purchasing an additional 3,548 shares during the period. Creative Planning increased its position in Honeywell International by 3.1% in the 2nd quarter. Creative Planning now owns 217,112 shares of the conglomerate’s stock valued at $46,362,000 after acquiring an additional 6,443 shares during the period. Finally, Magnolia Capital Advisors LLC acquired a new stake in Honeywell International in the 2nd quarter valued at approximately $4,632,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $221.51 on Monday. The stock’s 50-day simple moving average is $226.38 and its 200-day simple moving average is $214.86. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company has a market capitalization of $144.04 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 2.56 and a beta of 1.06. 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 Ratings Changes

HON has been the subject of several research reports. Royal Bank of Canada reissued a “sector perform” rating and set a $253.00 price objective on shares of Honeywell International in a research note on Tuesday, December 3rd. UBS Group reaffirmed a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. The Goldman Sachs Group upped their price objective on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Citigroup reduced their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Finally, Barclays increased their price target on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Eleven 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. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target 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.