Honeywell International Inc. (NASDAQ:HON) Shares Sold by Asio Capital LLC

Asio Capital LLC lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 0.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 15,945 shares of the conglomerate’s stock after selling 68 shares during the quarter. Asio Capital LLC’s holdings in Honeywell International were worth $3,602,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Wellington Management Group LLP grew its stake in Honeywell International by 8.4% during the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after buying an additional 1,376,479 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock worth $1,961,070,000 after acquiring an additional 944,876 shares during the last quarter. Mizuho Securities USA LLC increased its holdings in shares of Honeywell International by 1,147.0% in the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after acquiring an additional 575,865 shares during the period. Geode Capital Management LLC raised its position in Honeywell International by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after purchasing an additional 547,998 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in Honeywell International by 146.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 565,876 shares of the conglomerate’s stock worth $127,826,000 after purchasing an additional 336,296 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the topic of a number of recent research reports. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Barclays upped their price objective on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research note on Wednesday, December 11th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Finally, The Goldman Sachs Group lifted their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Eleven research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International Trading Down 1.8 %

Shares of HON opened at $221.51 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The stock has a market cap of $144.04 billion, a PE ratio of 25.58, a P/E/G ratio of 2.56 and a beta of 1.06. The stock’s 50-day moving average is $226.38 and its two-hundred day moving average is $214.83.

Honeywell International Company 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.