Insight Advisors LLC PA Has $330,000 Holdings in Honeywell International Inc. (NASDAQ:HON)

Insight Advisors LLC PA decreased its position in Honeywell International Inc. (NASDAQ:HON) by 27.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,455 shares of the conglomerate’s stock after selling 547 shares during the quarter. Insight Advisors LLC PA’s holdings in Honeywell International were worth $330,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. NovaPoint Capital LLC raised its stake in Honeywell International by 4.6% in the 4th quarter. NovaPoint Capital LLC now owns 17,453 shares of the conglomerate’s stock worth $3,942,000 after purchasing an additional 766 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its position in shares of Honeywell International by 6.3% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 3,915 shares of the conglomerate’s stock valued at $884,000 after buying an additional 232 shares in the last quarter. Jackson Grant Investment Advisers Inc. boosted its stake in shares of Honeywell International by 15.8% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 960 shares of the conglomerate’s stock valued at $217,000 after buying an additional 131 shares during the period. Econ Financial Services Corp grew its position in Honeywell International by 8.3% during the fourth quarter. Econ Financial Services Corp now owns 10,670 shares of the conglomerate’s stock worth $2,410,000 after buying an additional 818 shares in the last quarter. Finally, Choreo LLC increased its stake in Honeywell International by 4.1% during the 4th quarter. Choreo LLC now owns 27,891 shares of the conglomerate’s stock worth $6,314,000 after acquiring an additional 1,089 shares during the period. Institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the subject of a number of recent analyst reports. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Jefferies Financial Group boosted their target price on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Wells Fargo & Company reduced their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Finally, Barclays boosted their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International Price Performance

Honeywell International stock opened at $209.82 on Friday. The company has a market capitalization of $136.44 billion, a PE ratio of 24.23, a P/E/G ratio of 2.57 and a beta of 1.05. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The stock has a 50-day moving average price of $225.46 and a two-hundred day moving average price of $215.23. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 15.02% and a return on equity of 37.77%. Analysts expect that Honeywell International Inc. will post 9.78 EPS for the current year.

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.