Tokio Marine Asset Management Co. Ltd. Raises Position in Honeywell International Inc. (NASDAQ:HON)

Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 17,754 shares of the conglomerate’s stock after buying an additional 827 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Honeywell International were worth $4,010,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Honeywell International in the third quarter valued at approximately $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International in the 3rd quarter worth $29,000. Hoese & Co LLP purchased a new position in shares of Honeywell International during the 4th quarter worth $30,000. Financial Avengers Inc. lifted its holdings in shares of Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after acquiring an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp boosted its position in shares of Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of research reports. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Royal Bank of Canada reissued a “sector perform” rating and set a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, The Goldman Sachs Group boosted their price target on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Honeywell International has a consensus rating of “Hold” and a consensus price target of $248.29.

Honeywell International Trading Down 0.2 %

NASDAQ:HON opened at $223.72 on Monday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The stock’s 50 day moving average price is $225.91 and its 200 day moving average price is $215.12. The company has a market capitalization of $145.47 billion, a PE ratio of 25.83, a P/E/G ratio of 2.54 and a beta of 1.06.

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.