SeaCrest Wealth Management LLC Sells 126 Shares of Honeywell International Inc. (NASDAQ:HON)

SeaCrest Wealth Management LLC reduced its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,672 shares of the conglomerate’s stock after selling 126 shares during the period. SeaCrest Wealth Management LLC’s holdings in Honeywell International were worth $2,411,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International during the third quarter valued at about $25,000. Reston Wealth Management LLC acquired a new position in shares of Honeywell International during the 3rd quarter worth about $29,000. Financial Avengers Inc. lifted its position in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Planning Capital Management Corp boosted its stake in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP acquired a new stake in Honeywell International in the 3rd quarter valued at approximately $41,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Stock Performance

NASDAQ:HON opened at $218.50 on Wednesday. The stock has a market capitalization of $142.08 billion, a P/E ratio of 25.23, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The firm has a 50 day moving average of $226.83 and a 200-day moving average of $214.27.

Analyst Ratings Changes

A number of brokerages have recently commented on HON. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. The Goldman Sachs Group upped their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Jefferies Financial Group raised their price target 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. UBS Group reaffirmed a “buy” rating and set a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, Bank of America increased their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Eleven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and a consensus price target 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.