Atomi Financial Group Inc. Buys 959 Shares of Honeywell International Inc. (NASDAQ:HON)

Atomi Financial Group Inc. increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 11.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,121 shares of the conglomerate’s stock after acquiring an additional 959 shares during the period. Atomi Financial Group Inc.’s holdings in Honeywell International were worth $2,060,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of HON. Frank Rimerman Advisors LLC grew its stake in shares of Honeywell International by 11,200.0% during the second quarter. Frank Rimerman Advisors LLC now owns 6,102 shares of the conglomerate’s stock valued at $1,303,000 after purchasing an additional 6,048 shares during the last quarter. Mount Yale Investment Advisors LLC raised its position in shares of Honeywell International by 264.7% during the 2nd quarter. Mount Yale Investment Advisors LLC now owns 4,672 shares of the conglomerate’s stock valued at $998,000 after acquiring an additional 3,391 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Honeywell International by 30.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,190 shares of the conglomerate’s stock valued at $653,000 after purchasing an additional 742 shares during the period. DRW Securities LLC bought a new position in shares of Honeywell International in the 2nd quarter worth $874,000. Finally, J. Stern & Co. LLP grew its stake in shares of Honeywell International by 13.3% during the second quarter. J. Stern & Co. LLP now owns 198,155 shares of the conglomerate’s stock worth $42,314,000 after purchasing an additional 23,209 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ HON opened at $222.58 on Tuesday. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The stock has a market cap of $144.73 billion, a PE ratio of 25.70, a P/E/G ratio of 2.55 and a beta of 1.06. The firm has a 50-day moving average of $227.00 and a 200-day moving average of $214.54. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Analysts Set New Price Targets

HON has been the subject of a number of recent analyst reports. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $253.00 price objective on shares of Honeywell International in a research note on Tuesday, December 3rd. HSBC upgraded 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, Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. 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 company presently has an average rating of “Hold” and a consensus target price of $248.29.

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.