DMC Group LLC Purchases 322 Shares of Honeywell International Inc. (NASDAQ:HON)

DMC Group LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 10.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,308 shares of the conglomerate’s stock after buying an additional 322 shares during the quarter. DMC Group LLC’s holdings in Honeywell International were worth $747,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International during the 3rd quarter worth about $25,000. Hoese & Co LLP acquired a new stake in shares of Honeywell International in the fourth quarter valued at about $30,000. Reston Wealth Management LLC bought a new stake in Honeywell International during the third quarter worth about $29,000. Financial Avengers Inc. boosted its position in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp grew its stake in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 price objective on shares of Honeywell International in a report on Tuesday, December 3rd. Citigroup decreased their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. The Goldman Sachs Group upped their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Bank of America boosted their price target on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Price Performance

Shares of Honeywell International stock opened at $221.05 on Thursday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $143.74 billion, a price-to-earnings ratio of 25.53, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The company has a 50-day simple moving average of $226.17 and a two-hundred day simple moving average of $214.98.

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.