Honeywell International Inc. (NASDAQ:HON) Shares Bought by TCV Trust & Wealth Management Inc.

TCV Trust & Wealth Management Inc. grew its position in Honeywell International Inc. (NASDAQ:HON) by 35.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,826 shares of the conglomerate’s stock after purchasing an additional 744 shares during the quarter. TCV Trust & Wealth Management Inc.’s holdings in Honeywell International were worth $638,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of HON. Schear Investment Advisers LLC raised its holdings in Honeywell International by 0.8% during the fourth quarter. Schear Investment Advisers LLC now owns 6,768 shares of the conglomerate’s stock worth $1,529,000 after purchasing an additional 56 shares in the last quarter. Portfolio Design Labs LLC grew its position in shares of Honeywell International by 52.1% in the 4th quarter. Portfolio Design Labs LLC now owns 18,083 shares of the conglomerate’s stock valued at $4,085,000 after buying an additional 6,196 shares during the last quarter. New Republic Capital LLC acquired a new stake in Honeywell International during the 4th quarter worth $230,000. Single Point Partners LLC purchased a new stake in Honeywell International in the fourth quarter valued at $239,000. Finally, Stonebridge Financial Group LLC acquired a new position in Honeywell International in the fourth quarter valued at $534,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Price Performance

Shares of HON opened at $206.94 on Wednesday. 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 is $224.09 and its two-hundred day moving average is $215.15. The firm has a market capitalization of $134.56 billion, a PE ratio of 23.76, a P/E/G ratio of 2.55 and a beta of 1.05. The company has a current ratio of 1.31, a quick ratio of 1.12 and a debt-to-equity ratio of 1.33.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Research analysts anticipate that Honeywell International Inc. will post 10.3 earnings per share for the current year.

Insider Activity

In related news, VP Anne T. Madden sold 28,885 shares of the business’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $207.89, for a total value of $6,004,902.65. Following the sale, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. The trade was a 40.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.41% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Royal Bank of Canada decreased their price objective on Honeywell International from $253.00 to $236.00 and set a “sector perform” rating for the company in a report on Friday, February 7th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their target price for the company from $223.00 to $217.00 in a report on Friday, October 25th. Citigroup decreased their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, Barclays lowered their price objective on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating on the stock in a research report on Monday. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $248.71.

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.