FSM Wealth Advisors LLC Cuts Stock Position in Honeywell International Inc. (NASDAQ:HON)

FSM Wealth Advisors LLC decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 4.8% in the 4th quarter, HoldingsChannel reports. The firm owned 2,678 shares of the conglomerate’s stock after selling 134 shares during the quarter. FSM Wealth Advisors LLC’s holdings in Honeywell International were worth $596,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in HON. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International in the 3rd quarter valued at about $25,000. Reston Wealth Management LLC acquired a new position in Honeywell International during the 3rd quarter worth approximately $29,000. Hoese & Co LLP acquired a new stake in shares of Honeywell International in the 4th quarter valued at $30,000. Financial Avengers Inc. lifted its position in shares of Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp grew its stake in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $223.72 on Monday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The firm has a market cap of $145.47 billion, a price-to-earnings ratio of 25.83, a price-to-earnings-growth ratio of 2.54 and a beta of 1.06. The firm’s fifty day moving average price is $225.91 and its 200 day moving average price is $215.12. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77.

Wall Street Analyst Weigh In

A number of analysts have issued reports on HON shares. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Bank of America upped their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Barclays upped their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. Eleven equities research 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International 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.