Honeywell International Inc. (NASDAQ:HON) Stake Boosted by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. boosted its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 3.5% in the fourth quarter, HoldingsChannel reports. The firm owned 23,256 shares of the conglomerate’s stock after purchasing an additional 782 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Honeywell International were worth $5,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. RIA Advisory Group LLC acquired a new position in shares of Honeywell International during the third quarter valued at $6,124,000. Copley Financial Group Inc. bought a new stake in Honeywell International in the 3rd quarter valued at about $454,000. EP Wealth Advisors LLC grew its position in Honeywell International by 4.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after purchasing an additional 14,271 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in Honeywell International by 2.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock worth $132,155,000 after purchasing an additional 12,755 shares during the last quarter. Finally, SteelPeak Wealth LLC boosted its position in shares of Honeywell International by 255.2% during the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after buying an additional 52,830 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $221.51 on Friday. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The stock has a market capitalization of $144.04 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 2.56 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock’s fifty day simple moving average is $226.38 and its 200 day simple moving average is $214.83.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Citigroup lowered their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. The Goldman Sachs Group lifted their price objective 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. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Eleven 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 data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $248.29.

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.