Hunter Associates Investment Management LLC Lowers Stock Position in Honeywell International Inc. (NASDAQ:HON)

Hunter Associates Investment Management LLC decreased its position in Honeywell International Inc. (NASDAQ:HON) by 2.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 4,954 shares of the conglomerate’s stock after selling 129 shares during the period. Hunter Associates Investment Management LLC’s holdings in Honeywell International were worth $1,118,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. ZWJ Investment Counsel Inc. raised its position in Honeywell International by 3.4% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock worth $327,000 after buying an additional 47 shares during the last quarter. Magnus Financial Group LLC increased its stake in shares of Honeywell International by 0.5% during the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock worth $2,019,000 after acquiring an additional 48 shares during the period. Absher Wealth Management LLC lifted its position in Honeywell International by 2.5% in the third quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after purchasing an additional 49 shares during the period. Bill Few Associates Inc. boosted its holdings in Honeywell International by 0.3% in the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate’s stock valued at $3,524,000 after purchasing an additional 49 shares in the last quarter. Finally, ZRC Wealth Management LLC increased its position in Honeywell International by 11.6% during the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after purchasing an additional 50 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Price Performance

Honeywell International stock opened at $224.06 on Friday. The firm’s 50-day moving average is $226.05 and its two-hundred day moving average is $215.02. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The stock has a market capitalization of $145.70 billion, a P/E ratio of 25.87, a P/E/G ratio of 2.54 and a beta of 1.06. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77.

Analysts Set New Price Targets

HON has been the subject of several recent analyst reports. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. The Goldman Sachs Group boosted their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. dropped their price objective 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 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target 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.