Buffington Mohr McNeal Has $2.33 Million Position in Honeywell International Inc. (NASDAQ:HON)

Buffington Mohr McNeal increased its stake in Honeywell International Inc. (NASDAQ:HON) by 4.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,297 shares of the conglomerate’s stock after buying an additional 397 shares during the period. Buffington Mohr McNeal’s holdings in Honeywell International were worth $2,326,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. BankPlus Wealth Management LLC bought a new position in Honeywell International during the fourth quarter worth $443,000. Baldwin Wealth Partners LLC MA raised its position in shares of Honeywell International by 4.0% in the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock worth $15,203,000 after acquiring an additional 2,611 shares in the last quarter. Foundations Investment Advisors LLC lifted its stake in shares of Honeywell International by 11.2% in the 4th quarter. Foundations Investment Advisors LLC now owns 6,957 shares of the conglomerate’s stock valued at $1,572,000 after purchasing an additional 700 shares during the period. Parsons Capital Management Inc. RI boosted its position in shares of Honeywell International by 0.5% during the 4th quarter. Parsons Capital Management Inc. RI now owns 55,945 shares of the conglomerate’s stock valued at $12,637,000 after purchasing an additional 286 shares in the last quarter. Finally, McLean Asset Management Corp increased its holdings in Honeywell International by 98.0% in the fourth quarter. McLean Asset Management Corp now owns 3,475 shares of the conglomerate’s stock worth $785,000 after purchasing an additional 1,720 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock 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 note on Monday, October 28th. Wells Fargo & Company dropped their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. The Goldman Sachs Group raised their price objective on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, JPMorgan Chase & Co. cut their price target on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Eleven 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, the stock currently has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International Stock Up 1.9 %

HON opened at $225.77 on Tuesday. 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 one year low of $189.66 and a one year high of $242.77. The firm has a market capitalization of $146.80 billion, a P/E ratio of 26.07, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. The company has a fifty day moving average price of $226.38 and a 200-day moving average price of $214.86.

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.