Stratos Wealth Partners LTD. Has $7.71 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Stratos Wealth Partners LTD. lowered its position in shares of Honeywell International Inc. (NASDAQ:HON) by 2.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,114 shares of the conglomerate’s stock after selling 724 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Honeywell International were worth $7,706,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America acquired a new position in shares of Honeywell International in the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC bought a new position in Honeywell International in the 3rd quarter valued at $29,000. Hoese & Co LLP acquired a new position in Honeywell International in the fourth quarter worth $30,000. Financial Avengers Inc. increased its stake in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp raised its holdings in shares of 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 buying an additional 81 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Down 0.5 %

NASDAQ:HON opened at $222.35 on Thursday. The firm has a market capitalization of $144.58 billion, a price-to-earnings ratio of 25.68, a price-to-earnings-growth ratio of 2.57 and a beta of 1.05. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a twelve month low of $189.75 and a twelve month high of $242.77. The stock’s 50 day moving average price is $225.61 and its two-hundred day moving average price is $215.18.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of research reports. Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a report on Tuesday, December 3rd. Wells Fargo & Company cut 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. UBS Group reiterated a “buy” rating and issued a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Finally, Jefferies Financial Group increased their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Eleven investment 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. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target 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.