Bridge Creek Capital Management LLC Raises Position in Honeywell International Inc. (NASDAQ:HON)

Bridge Creek Capital Management LLC increased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,385 shares of the conglomerate’s stock after buying an additional 95 shares during the quarter. Bridge Creek Capital Management LLC’s holdings in Honeywell International were worth $1,668,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Teachers Insurance & Annuity Association of America acquired a new position in shares of Honeywell International in the 3rd quarter valued at $25,000. Reston Wealth Management LLC acquired a new position in shares of Honeywell International in the third quarter valued at about $29,000. Financial Avengers Inc. raised its position in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the last quarter. Planning Capital Management Corp boosted its holdings in shares of Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of Honeywell International in the third quarter worth $41,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Trading Up 0.4 %

Shares of HON traded up $0.82 during mid-day trading on Monday, reaching $219.01. The company had a trading volume of 3,074,144 shares, compared to its average volume of 3,016,921. The stock has a market cap of $142.41 billion, a price-to-earnings ratio of 25.29, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The firm has a fifty day simple moving average of $226.40 and a 200-day simple moving average of $214.20. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77.

Analysts Set New Price Targets

A number of research analysts recently issued reports on HON shares. Bank of America boosted their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Citigroup lowered their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Finally, Jefferies Financial Group upped their target price on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $248.07.

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.