Verity Asset Management Inc. Has $538,000 Holdings in Honeywell International Inc. (NASDAQ:HON)

Verity Asset Management Inc. cut its position in shares of Honeywell International Inc. (NASDAQ:HON) by 43.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,456 shares of the conglomerate’s stock after selling 1,870 shares during the quarter. Verity Asset Management Inc.’s holdings in Honeywell International were worth $538,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of HON. Patron Partners LLC boosted its holdings in shares of Honeywell International by 4.7% during the 4th quarter. Patron Partners LLC now owns 4,947 shares of the conglomerate’s stock worth $1,117,000 after buying an additional 221 shares in the last quarter. Trust Point Inc. lifted its position in shares of Honeywell International by 9.1% during the 4th quarter. Trust Point Inc. now owns 13,054 shares of the conglomerate’s stock valued at $2,949,000 after acquiring an additional 1,085 shares during the period. Childress Capital Advisors LLC boosted its stake in Honeywell International by 2.7% during the fourth quarter. Childress Capital Advisors LLC now owns 2,127 shares of the conglomerate’s stock worth $480,000 after acquiring an additional 55 shares in the last quarter. GEN Financial Management INC. acquired a new stake in Honeywell International in the fourth quarter worth $378,000. Finally, Optas LLC raised its holdings in shares of Honeywell International by 21.6% during the fourth quarter. Optas LLC now owns 1,215 shares of the conglomerate’s stock valued at $274,000 after purchasing an additional 216 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the subject of several research reports. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Bank of America boosted their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Wells Fargo & Company cut their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Citigroup lowered their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Finally, Barclays boosted their target price on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Price Performance

Honeywell International stock opened at $222.41 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 $189.75 and a one year high of $242.77. The firm has a market capitalization of $144.62 billion, a P/E ratio of 25.68, a PEG ratio of 2.57 and a beta of 1.05. The business has a fifty day moving average price of $225.91 and a 200-day moving average price of $215.08.

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.