Leibman Financial Services Inc. Sells 109 Shares of Honeywell International Inc. (NASDAQ:HON)

Leibman Financial Services Inc. reduced its position in Honeywell International Inc. (NASDAQ:HON) by 10.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 939 shares of the conglomerate’s stock after selling 109 shares during the period. Leibman Financial Services Inc.’s holdings in Honeywell International were worth $212,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. RIA Advisory Group LLC bought a new position in Honeywell International during the third quarter valued at approximately $6,124,000. Copley Financial Group Inc. bought a new stake in shares of Honeywell International in the third quarter worth $454,000. EP Wealth Advisors LLC increased its position in Honeywell International by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after acquiring an additional 14,271 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Honeywell International by 2.0% in the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after acquiring an additional 12,755 shares during the period. Finally, SteelPeak Wealth LLC boosted its position in Honeywell International by 255.2% in the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after purchasing an additional 52,830 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on HON. Barclays lowered their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research report on Wednesday, December 11th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and a consensus target price of $248.07.

Honeywell International Price Performance

NASDAQ:HON opened at $219.10 on Tuesday. The company has a market capitalization of $142.47 billion, a P/E ratio of 25.30, a P/E/G ratio of 2.85 and a beta of 1.06. The business’s 50-day moving average is $226.63 and its 200 day moving average is $214.23. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77.

About Honeywell International

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.