Jacobs & Co. CA Sells 618 Shares of Honeywell International Inc. (NASDAQ:HON)

Jacobs & Co. CA lessened its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,233 shares of the conglomerate’s stock after selling 618 shares during the period. Honeywell International makes up 1.5% of Jacobs & Co. CA’s portfolio, making the stock its 18th biggest position. Jacobs & Co. CA’s holdings in Honeywell International were worth $14,283,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HON. Sage Capital Advisors llc boosted its stake in shares of Honeywell International by 0.5% in the 4th quarter. Sage Capital Advisors llc now owns 18,570 shares of the conglomerate’s stock valued at $4,195,000 after purchasing an additional 85 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in Honeywell International by 2.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 15,342 shares of the conglomerate’s stock worth $3,466,000 after buying an additional 376 shares during the last quarter. ST Germain D J Co. Inc. raised its stake in shares of Honeywell International by 11.3% in the fourth quarter. ST Germain D J Co. Inc. now owns 10,323 shares of the conglomerate’s stock valued at $2,332,000 after acquiring an additional 1,048 shares during the last quarter. Fulton Bank N.A. boosted its holdings in shares of Honeywell International by 0.8% in the 4th quarter. Fulton Bank N.A. now owns 17,514 shares of the conglomerate’s stock worth $3,956,000 after acquiring an additional 140 shares in the last quarter. Finally, One Wealth Capital Management LLC acquired a new stake in Honeywell International during the 4th quarter valued at $213,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on HON shares. The Goldman Sachs Group lifted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a report on Wednesday, December 11th. Wells Fargo & Company lowered their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research note on Tuesday. Finally, Bank of America raised their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Honeywell International has an average rating of “Hold” and an average price target of $248.21.

Honeywell International Stock Down 0.6 %

Shares of NASDAQ:HON traded down $1.25 during trading on Friday, hitting $218.92. 1,920,375 shares of the company’s stock traded hands, compared to its average volume of 2,756,109. The company has a 50-day moving average price of $226.22 and a 200-day moving average price of $214.18. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The company has a market cap of $142.35 billion, a price-to-earnings ratio of 25.28, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06.

Honeywell International Company 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.