Honeywell International Inc. (NASDAQ:HON) Shares Bought by Stonegate Investment Group LLC

Stonegate Investment Group LLC increased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 331,622 shares of the conglomerate’s stock after purchasing an additional 5,308 shares during the quarter. Honeywell International accounts for approximately 2.0% of Stonegate Investment Group LLC’s holdings, making the stock its 17th biggest position. Stonegate Investment Group LLC owned approximately 0.05% of Honeywell International worth $74,910,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP grew its position in Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after buying an additional 1,376,479 shares during the period. International Assets Investment Management LLC raised its holdings in Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock worth $1,961,070,000 after purchasing an additional 944,876 shares during the last quarter. Mizuho Securities USA LLC grew its holdings in Honeywell International by 1,147.0% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after purchasing an additional 575,865 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after buying an additional 547,998 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in shares of Honeywell International by 146.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 565,876 shares of the conglomerate’s stock worth $127,826,000 after buying an additional 336,296 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

HON opened at $225.77 on Tuesday. 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 stock has a market capitalization of $146.80 billion, a PE ratio of 26.07, a P/E/G ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The company’s 50 day simple moving average is $226.38 and its 200 day simple moving average is $214.86.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. The Goldman Sachs Group increased their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. Jefferies Financial Group lifted their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Finally, HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research report on Wednesday, December 11th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International 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.