DAVENPORT & Co LLC Purchases 17,413 Shares of Honeywell International Inc. (NASDAQ:HON)

DAVENPORT & Co LLC boosted its position in Honeywell International Inc. (NASDAQ:HON) by 31.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,228 shares of the conglomerate’s stock after buying an additional 17,413 shares during the quarter. DAVENPORT & Co LLC’s holdings in Honeywell International were worth $16,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of HON. Teachers Insurance & Annuity Association of America purchased a new stake in Honeywell International in the third quarter worth about $25,000. Hoese & Co LLP bought a new position in shares of Honeywell International in the 4th quarter worth approximately $30,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International in the 3rd quarter valued at approximately $29,000. Financial Avengers Inc. boosted its position in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp grew its stake in Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares during the period. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Price Performance

NASDAQ:HON opened at $223.72 on Monday. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The business’s 50-day simple moving average is $225.91 and its two-hundred day simple moving average is $215.12. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock has a market cap of $145.47 billion, a PE ratio of 25.83, a P/E/G ratio of 2.54 and a beta of 1.06.

Analyst Ratings Changes

HON has been the topic of a number of research reports. The Goldman Sachs Group boosted their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Jefferies Financial Group raised their target price on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. JPMorgan Chase & Co. dropped their price target 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. Barclays raised their price objective on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Finally, Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Eleven 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus 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.