Weaver Capital Management LLC Acquires 93 Shares of Honeywell International Inc. (NASDAQ:HON)

Weaver Capital Management LLC increased its stake in Honeywell International Inc. (NASDAQ:HON) by 1.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 8,035 shares of the conglomerate’s stock after purchasing an additional 93 shares during the quarter. Weaver Capital Management LLC’s holdings in Honeywell International were worth $1,815,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of HON. Wellington Management Group LLP grew its stake 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 acquiring an additional 1,376,479 shares in the last quarter. International Assets Investment Management LLC increased its stake in 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 buying an additional 944,876 shares during the last quarter. Cibc World Market Inc. lifted its position in shares of Honeywell International by 320.5% during the 4th quarter. Cibc World Market Inc. now owns 858,336 shares of the conglomerate’s stock worth $193,890,000 after buying an additional 654,207 shares in the last quarter. Mizuho Securities USA LLC boosted its stake in shares of Honeywell International by 1,147.0% in the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock worth $129,415,000 after buying an additional 575,865 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after acquiring an additional 547,998 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HON. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Citigroup dropped their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Bank of America increased their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. HSBC raised 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. Finally, Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. 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 MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $248.29.

Honeywell International Stock Up 0.5 %

HON opened at $223.55 on Wednesday. The company has a market cap of $145.36 billion, a P/E ratio of 25.81, a P/E/G ratio of 2.57 and a beta of 1.05. The business’s 50-day moving average price is $225.75 and its 200-day moving average price is $215.12. 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 12 month low of $189.75 and a 12 month 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.