Vest Financial LLC Purchases 884 Shares of Honeywell International Inc. (NASDAQ:HON)

Vest Financial LLC raised its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 15.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,508 shares of the conglomerate’s stock after purchasing an additional 884 shares during the period. Vest Financial LLC’s holdings in Honeywell International were worth $1,470,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in HON. CWM LLC raised its holdings in Honeywell International by 3.4% in the third quarter. CWM LLC now owns 42,031 shares of the conglomerate’s stock worth $8,688,000 after buying an additional 1,373 shares during the last quarter. LVW Advisors LLC lifted its holdings in shares of Honeywell International by 10.9% during the third quarter. LVW Advisors LLC now owns 2,373 shares of the conglomerate’s stock valued at $491,000 after purchasing an additional 234 shares in the last quarter. Iowa State Bank increased its holdings in Honeywell International by 2.1% in the 3rd quarter. Iowa State Bank now owns 7,831 shares of the conglomerate’s stock worth $1,619,000 after buying an additional 162 shares in the last quarter. Fiduciary Financial Group LLC raised its position in Honeywell International by 4.7% in the 3rd quarter. Fiduciary Financial Group LLC now owns 1,190 shares of the conglomerate’s stock worth $246,000 after buying an additional 53 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its holdings in shares of Honeywell International by 1.0% during the 3rd quarter. Valeo Financial Advisors LLC now owns 21,790 shares of the conglomerate’s stock valued at $4,504,000 after acquiring an additional 215 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on HON shares. Wells Fargo & Company dropped their target price on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating on the stock in a report on Friday. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Bank of America increased their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Ten equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $248.86.

Honeywell International Stock Down 2.0 %

Shares of NASDAQ HON opened at $205.52 on Friday. 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 Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The firm’s 50-day moving average price is $224.52 and its 200-day moving average price is $215.11. The stock has a market capitalization of $133.64 billion, a price-to-earnings ratio of 23.60, a P/E/G ratio of 2.55 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share 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%. On average, equities research analysts anticipate that Honeywell International Inc. will post 10.3 EPS for the current fiscal year.

Honeywell International Company 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.