Fortitude Advisory Group L.L.C. Sells 101 Shares of Honeywell International Inc. (NASDAQ:HON)

Fortitude Advisory Group L.L.C. reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 8.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,062 shares of the conglomerate’s stock after selling 101 shares during the period. Fortitude Advisory Group L.L.C.’s holdings in Honeywell International were worth $240,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Baldwin Wealth Partners LLC MA lifted its position in Honeywell International by 4.0% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after acquiring an additional 2,611 shares in the last quarter. RIA Advisory Group LLC purchased a new position in shares of Honeywell International in the 3rd quarter worth $6,124,000. Copley Financial Group Inc. bought a new stake in shares of Honeywell International in the third quarter worth $454,000. EP Wealth Advisors LLC increased its position in Honeywell International by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after acquiring an additional 14,271 shares during the last quarter. Finally, Toth Financial Advisory Corp lifted its holdings in Honeywell International by 11.2% in the fourth quarter. Toth Financial Advisory Corp now owns 18,395 shares of the conglomerate’s stock valued at $4,155,000 after acquiring an additional 1,859 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HON. Bank of America increased their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, The Goldman Sachs Group raised their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Eleven research 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 stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $225.77 on Tuesday. 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. The stock has a 50 day moving average of $226.38 and a 200 day moving average of $214.86. The firm has a market cap of $146.80 billion, a PE ratio of 26.07, a PEG ratio of 2.56 and a beta of 1.06.

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.