Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Fiduciary Alliance LLC

Fiduciary Alliance LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 120.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,562 shares of the conglomerate’s stock after acquiring an additional 3,035 shares during the period. Fiduciary Alliance LLC’s holdings in Honeywell International were worth $1,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in HON. Absher Wealth Management LLC lifted its stake in Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after acquiring an additional 49 shares in the last quarter. ZRC Wealth Management LLC raised its holdings in shares of Honeywell International by 11.6% in the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after purchasing an additional 50 shares during the last quarter. CFM Wealth Partners LLC lifted its position in shares of Honeywell International by 4.0% in the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock worth $264,000 after purchasing an additional 50 shares in the last quarter. Jacobsen Capital Management boosted its holdings in Honeywell International by 5.2% during the third quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock worth $209,000 after purchasing an additional 50 shares during the last quarter. Finally, Mengis Capital Management Inc. grew its position in Honeywell International by 0.4% in the third quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate’s stock valued at $2,517,000 after purchasing an additional 50 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $219.10 on Tuesday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The firm has a market cap of $142.47 billion, a price-to-earnings ratio of 25.30, a P/E/G ratio of 2.85 and a beta of 1.06. The stock’s fifty day moving average price is $226.63 and its two-hundred day moving average price is $214.23. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HON. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. JPMorgan Chase & Co. dropped their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. The Goldman Sachs Group upped their price target on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Finally, Citigroup decreased their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday. Eleven investment 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 stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $248.07.

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.