Kieckhefer Group LLC Takes Position in Honeywell International Inc. (NASDAQ:HON)

Kieckhefer Group LLC acquired a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 200 shares of the conglomerate’s stock, valued at approximately $45,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Acadian Asset Management LLC lifted its holdings in shares of Honeywell International by 36.7% in the 2nd quarter. Acadian Asset Management LLC now owns 5,870 shares of the conglomerate’s stock valued at $1,252,000 after buying an additional 1,575 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Honeywell International during the 2nd quarter valued at approximately $121,000. Envestnet Asset Management Inc. grew its holdings in shares of Honeywell International by 7.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,057,508 shares of the conglomerate’s stock worth $225,820,000 after acquiring an additional 71,378 shares during the period. J.W. Cole Advisors Inc. increased its position in shares of Honeywell International by 25.8% in the second quarter. J.W. Cole Advisors Inc. now owns 15,100 shares of the conglomerate’s stock valued at $3,224,000 after buying an additional 3,093 shares in the last quarter. Finally, Lyell Wealth Management LP boosted its position in shares of Honeywell International by 1.4% in the 2nd quarter. Lyell Wealth Management LP now owns 48,936 shares of the conglomerate’s stock worth $10,450,000 after buying an additional 670 shares in the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. The Goldman Sachs Group raised their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Finally, Wells Fargo & Company dropped their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $248.21.

Honeywell International Stock Performance

Shares of HON traded up $1.30 during mid-day trading on Monday, reaching $219.49. 465,259 shares of the company’s stock traded hands, compared to its average volume of 2,670,436. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The stock has a market capitalization of $142.72 billion, a P/E ratio of 25.35, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. The business’s 50-day moving average price is $226.40 and its 200-day moving average price is $214.20. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current 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.