Choreo LLC Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Choreo LLC increased its stake in Honeywell International Inc. (NASDAQ:HON) by 4.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,891 shares of the conglomerate’s stock after purchasing an additional 1,089 shares during the quarter. Choreo LLC’s holdings in Honeywell International were worth $6,314,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. ZWJ Investment Counsel Inc. boosted its stake in shares of Honeywell International by 3.4% in the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock worth $327,000 after buying an additional 47 shares during the last quarter. Saxony Capital Management LLC boosted its position in Honeywell International by 4.0% in the fourth quarter. Saxony Capital Management LLC now owns 1,225 shares of the conglomerate’s stock worth $277,000 after purchasing an additional 47 shares during the last quarter. Magnus Financial Group LLC grew its stake in shares of Honeywell International by 0.5% during the 4th quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock valued at $2,019,000 after purchasing an additional 48 shares during the period. Absher Wealth Management LLC increased its position in shares of Honeywell International by 2.5% during the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after purchasing an additional 49 shares during the last quarter. Finally, Bill Few Associates Inc. lifted its stake in shares of Honeywell International by 0.3% in the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate’s stock worth $3,524,000 after purchasing an additional 49 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

HON opened at $222.35 on Thursday. The stock has a market capitalization of $144.58 billion, a price-to-earnings ratio of 25.68, a PEG ratio of 2.57 and a beta of 1.05. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The company has a fifty day moving average of $225.61 and a 200 day moving average of $215.18.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on HON. Wells Fargo & Company reduced their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Royal Bank of Canada restated a “sector perform” rating and issued a $253.00 price objective on shares of Honeywell International in a research note on Tuesday, December 3rd. JPMorgan Chase & Co. lowered their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research report on Wednesday, December 11th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average 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.