Franklin Parlapiano Turner & Welch LLC Buys 204 Shares of Honeywell International Inc. (NASDAQ:HON)

Franklin Parlapiano Turner & Welch LLC raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 0.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,396 shares of the conglomerate’s stock after purchasing an additional 204 shares during the quarter. Honeywell International accounts for about 2.3% of Franklin Parlapiano Turner & Welch LLC’s holdings, making the stock its 14th biggest holding. Franklin Parlapiano Turner & Welch LLC’s holdings in Honeywell International were worth $8,447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International in the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International in the third quarter worth $29,000. Hoese & Co LLP purchased a new position in shares of Honeywell International in the fourth quarter worth $30,000. Financial Avengers Inc. increased its stake in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the period. Finally, Planning Capital Management Corp increased its stake in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of research analyst reports. Citigroup reduced their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Jefferies Financial Group upped their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Finally, UBS Group reiterated a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Eleven equities 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. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Trading Up 0.2 %

Shares of HON opened at $221.05 on Thursday. The company’s fifty day moving average is $226.17 and its 200 day moving average is $214.98. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The stock has a market capitalization of $143.74 billion, a PE ratio of 25.53, a P/E/G ratio of 2.56 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

About Honeywell International

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.