Great Waters Wealth Management Has $2.68 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Great Waters Wealth Management trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 0.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 11,858 shares of the conglomerate’s stock after selling 52 shares during the period. Honeywell International accounts for 0.3% of Great Waters Wealth Management’s holdings, making the stock its 18th biggest position. Great Waters Wealth Management’s holdings in Honeywell International were worth $2,679,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Wellington Management Group LLP raised its position in Honeywell International by 8.4% in the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after buying an additional 1,376,479 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after acquiring an additional 944,876 shares during the last quarter. Mizuho Securities USA LLC boosted its position in Honeywell International by 1,147.0% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock worth $129,415,000 after purchasing an additional 575,865 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after purchasing an additional 547,998 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Honeywell International by 3.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after buying an additional 310,807 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on HON. UBS Group reaffirmed a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Jefferies Financial Group lifted their target price 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. Bank of America raised their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Citigroup reduced their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, JPMorgan Chase & Co. cut their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Eleven equities research 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 company’s stock. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International Stock Performance

Shares of NASDAQ HON opened at $222.58 on Tuesday. The stock’s 50-day moving average is $227.00 and its 200 day moving average is $214.54. The stock has a market cap of $144.73 billion, a price-to-earnings ratio of 25.70, a P/E/G ratio of 2.55 and a beta of 1.06. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. 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 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.