West Oak Capital LLC Boosts Position in Honeywell International Inc. (NASDAQ:HON)

West Oak Capital LLC raised its stake in Honeywell International Inc. (NASDAQ:HON) by 668.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,639 shares of the conglomerate’s stock after buying an additional 8,384 shares during the period. West Oak Capital LLC’s holdings in Honeywell International were worth $2,177,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Capital Wealth Planning LLC bought a new stake in Honeywell International during the second quarter valued at about $392,478,000. Wellington Management Group LLP grew its position in shares of Honeywell International by 8.4% in the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after buying an additional 1,376,479 shares during the last quarter. International Assets Investment Management LLC lifted its position in Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after acquiring an additional 944,876 shares during the last quarter. Mizuho Securities USA LLC boosted its stake in Honeywell International by 1,147.0% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after acquiring an additional 575,865 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Honeywell International by 4.0% during 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 in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Stock Performance

HON stock traded down $1.98 during trading on Friday, hitting $218.19. 3,585,050 shares of the company traded hands, compared to its average volume of 3,046,439. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The company has a market cap of $141.88 billion, a PE ratio of 25.20, a P/E/G ratio of 2.85 and a beta of 1.06. The stock’s 50-day simple moving average is $226.22 and its 200 day simple moving average is $214.18. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Jefferies Financial Group boosted their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. The Goldman Sachs Group boosted their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Bank of America increased their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. UBS Group restated a “buy” rating and set a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Finally, Barclays lowered their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research note on Wednesday. Eleven 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 company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $248.21.

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.