Honeywell International Inc. (NASDAQ:HON) Stock Holdings Trimmed by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC decreased its position in Honeywell International Inc. (NASDAQ:HON) by 1.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,075 shares of the conglomerate’s stock after selling 485 shares during the quarter. Honeywell International accounts for approximately 1.4% of Harbour Capital Advisors LLC’s holdings, making the stock its 13th largest position. Harbour Capital Advisors LLC’s holdings in Honeywell International were worth $6,360,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Capital Wealth Planning LLC acquired a new position in Honeywell International during the 2nd quarter valued at about $392,478,000. Wellington Management Group LLP raised its holdings in shares of Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after acquiring an additional 1,376,479 shares during the period. International Assets Investment Management LLC lifted its position in shares of Honeywell International by 24,683.3% in the 3rd 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 in the last quarter. Mizuho Securities USA LLC boosted its stake in Honeywell International by 1,147.0% in the 3rd 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 period. Finally, Geode Capital Management LLC grew its holdings in shares of Honeywell International by 4.0% during the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after buying an additional 547,998 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HON. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a report on Wednesday, December 11th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and cut their target price for the company from $223.00 to $217.00 in a report on Friday, October 25th. Jefferies Financial Group lifted their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Wells Fargo & Company reduced their price objective on 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. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $253.00 price objective on shares of Honeywell International in a research report on Tuesday, December 3rd. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Honeywell International presently has an average rating of “Hold” and an average target price of $248.07.

Honeywell International Stock Performance

HON stock traded up $0.96 during trading hours on Monday, hitting $219.15. 3,310,384 shares of the stock were exchanged, compared to its average volume of 3,042,949. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The company has a 50-day simple moving average of $226.40 and a two-hundred day simple moving average of $214.20. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The firm has a market capitalization of $142.50 billion, a P/E ratio of 25.31, a P/E/G ratio of 2.85 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.