Fulton Breakefield Broenniman LLC Has $591,000 Holdings in Honeywell International Inc. (NASDAQ:HON)

Fulton Breakefield Broenniman LLC lessened its stake in Honeywell International Inc. (NASDAQ:HON) by 4.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,617 shares of the conglomerate’s stock after selling 121 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in Honeywell International were worth $591,000 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 stock. Teachers Insurance & Annuity Association of America bought a new position in Honeywell International in the third quarter valued at about $25,000. Hoese & Co LLP bought a new position in Honeywell International in the fourth quarter valued at about $30,000. Reston Wealth Management LLC bought a new position in Honeywell International in the third quarter valued at about $29,000. Financial Avengers Inc. grew its position in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp grew its position in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on HON shares. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. JPMorgan Chase & Co. reduced their price target on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Wells Fargo & Company reduced their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Finally, UBS Group restated a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Eleven equities research 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $248.29.

Honeywell International Price Performance

Shares of HON opened at $220.70 on Wednesday. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The business’s 50 day moving average price is $226.32 and its two-hundred day moving average price is $214.94. The firm has a market cap of $143.51 billion, a PE ratio of 25.49, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06.

Honeywell International Company 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.