Doliver Advisors LP Trims Position in Honeywell International Inc. (NASDAQ:HON)

Doliver Advisors LP reduced its holdings in Honeywell International Inc. (NASDAQ:HON) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,615 shares of the conglomerate’s stock after selling 149 shares during the period. Doliver Advisors LP’s holdings in Honeywell International were worth $1,268,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Teachers Insurance & Annuity Association of America acquired a new position in Honeywell International in the third quarter valued at approximately $25,000. Reston Wealth Management LLC acquired a new position in shares of Honeywell International in the 3rd quarter valued at $29,000. Financial Avengers Inc. boosted its holdings in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares in the last quarter. Planning Capital Management Corp increased its holdings in 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 in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new stake in shares of Honeywell International during the 3rd quarter worth about $41,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 1.7 %

HON traded down $3.91 during trading hours on Monday, reaching $222.61. The company’s stock had a trading volume of 1,623,027 shares, compared to its average volume of 2,084,441. The business’s 50-day moving average is $225.01 and its 200-day moving average is $214.00. 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 stock has a market cap of $144.75 billion, a PE ratio of 25.71, a P/E/G ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on HON shares. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Bank of America lifted their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. UBS Group reissued a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Finally, Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Honeywell International presently has an average rating of “Hold” and a consensus price target of $249.57.

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.