Crescent Grove Advisors LLC Invests $277,000 in Honeywell International Inc. (NASDAQ:HON)

Crescent Grove Advisors LLC bought a new position in shares of Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, Holdings Channel.com reports. The fund bought 1,225 shares of the conglomerate’s stock, valued at approximately $277,000.

Several other hedge funds also recently made changes to their positions in HON. Oliver Lagore Vanvalin Investment Group increased its stake in Honeywell International by 162.2% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 312 shares of the conglomerate’s stock valued at $67,000 after acquiring an additional 193 shares during the last quarter. Ascent Group LLC increased its stake in Honeywell International by 3.6% in the second quarter. Ascent Group LLC now owns 9,381 shares of the conglomerate’s stock valued at $2,003,000 after acquiring an additional 322 shares during the last quarter. Aviso Wealth Management increased its stake in Honeywell International by 198.0% in the second quarter. Aviso Wealth Management now owns 5,340 shares of the conglomerate’s stock valued at $1,140,000 after acquiring an additional 3,548 shares during the last quarter. Creative Planning increased its stake in Honeywell International by 3.1% in the second quarter. Creative Planning now owns 217,112 shares of the conglomerate’s stock valued at $46,362,000 after acquiring an additional 6,443 shares during the last quarter. Finally, Magnolia Capital Advisors LLC bought a new position in Honeywell International in the second quarter valued at approximately $4,632,000. 75.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on HON shares. UBS Group reaffirmed a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. JPMorgan Chase & Co. decreased their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Finally, StockNews.com cut shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International Price Performance

HON stock opened at $221.51 on Monday. The firm has a market cap of $144.04 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 2.56 and a beta of 1.06. 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 12-month low of $189.66 and a 12-month high of $242.77. The company’s fifty day simple moving average is $226.38 and its 200 day simple moving average is $214.86.

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.