Harbor Capital Advisors Inc. increased its stake in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,342 shares of the conglomerate’s stock after purchasing an additional 376 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Honeywell International were worth $3,466,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in HON. Capital Wealth Planning LLC purchased a new position in shares of Honeywell International during the 2nd quarter worth about $392,478,000. Wellington Management Group LLP raised its stake in Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of Honeywell International by 24,683.3% in the 3rd quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after purchasing an additional 944,876 shares during the last quarter. Mizuho Securities USA LLC grew its stake in shares of Honeywell International by 1,147.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after buying an additional 575,865 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after buying an additional 547,998 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on HON shares. Bank of America boosted their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Jefferies Financial Group increased 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. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Wells Fargo & Company cut their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Finally, UBS Group reaffirmed a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. 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, the company currently has a consensus rating of “Hold” and a consensus price target of $248.21.
Honeywell International Stock Performance
Honeywell International stock opened at $218.19 on Friday. 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 stock has a 50 day moving average of $226.40 and a 200-day moving average of $214.20. The stock has a market cap of $141.88 billion, a P/E ratio of 25.20, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77.
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.
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