Allen Mooney & Barnes Investment Advisors LLC Grows Stake in Honeywell International Inc. (NASDAQ:HON)

Allen Mooney & Barnes Investment Advisors LLC grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 56,360 shares of the conglomerate’s stock after buying an additional 211 shares during the period. Honeywell International accounts for 2.1% of Allen Mooney & Barnes Investment Advisors LLC’s portfolio, making the stock its 15th biggest position. Allen Mooney & Barnes Investment Advisors LLC’s holdings in Honeywell International were worth $12,731,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. State Street Corp boosted its position in Honeywell International by 0.3% during the 3rd quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock valued at $6,413,570,000 after acquiring an additional 92,112 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after purchasing an additional 1,376,479 shares in the last quarter. Geode Capital Management LLC grew its stake in Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after purchasing an additional 547,998 shares during the period. Ameriprise Financial Inc. raised its holdings in Honeywell International by 3.9% in the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after purchasing an additional 310,807 shares in the last quarter. Finally, Legal & General Group Plc lifted its position in Honeywell International by 0.9% during the second quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock valued at $1,048,600,000 after buying an additional 42,305 shares during the period. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

HON has been the topic of a number of recent research reports. Jefferies Financial Group upped their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Barclays cut their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $223.00 to $217.00 in a report on Friday, October 25th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. Eleven research 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $248.07.

Honeywell International Stock Down 0.3 %

Shares of Honeywell International stock opened at $218.50 on Wednesday. The company has a market cap of $142.08 billion, a price-to-earnings ratio of 25.23, a price-to-earnings-growth ratio of 2.85 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. The company’s 50 day moving average is $226.83 and its 200 day moving average is $214.27. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77.

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.