Capital Management Associates Inc Sells 98 Shares of Honeywell International Inc. (NASDAQ:HON)

Capital Management Associates Inc lessened its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 9.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 966 shares of the conglomerate’s stock after selling 98 shares during the period. Capital Management Associates Inc’s holdings in Honeywell International were worth $218,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Shepherd Financial Partners LLC raised its stake in shares of Honeywell International by 0.5% in the fourth quarter. Shepherd Financial Partners LLC now owns 17,919 shares of the conglomerate’s stock valued at $4,048,000 after purchasing an additional 91 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Honeywell International in the 4th quarter valued at $173,000. Live Oak Private Wealth LLC lifted its holdings in shares of Honeywell International by 7.5% during the 4th quarter. Live Oak Private Wealth LLC now owns 1,341 shares of the conglomerate’s stock worth $303,000 after acquiring an additional 93 shares during the period. Prairie Wealth Advisors Inc. boosted its position in shares of Honeywell International by 5.3% during the 4th quarter. Prairie Wealth Advisors Inc. now owns 3,405 shares of the conglomerate’s stock valued at $769,000 after acquiring an additional 170 shares in the last quarter. Finally, Fairvoy Private Wealth LLC acquired a new position in shares of Honeywell International in the 4th quarter worth approximately $262,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Ratings Changes

HON has been the topic of a number of recent analyst reports. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $223.00 to $217.00 in a research report on Friday, October 25th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research note on Wednesday, December 11th. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. UBS Group reaffirmed a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Finally, Barclays increased their target price on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Ten analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $248.86.

Honeywell International Price Performance

HON stock opened at $205.52 on Friday. The stock has a 50-day moving average price of $225.07 and a two-hundred day moving average price of $215.19. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The stock has a market cap of $133.64 billion, a PE ratio of 23.73, a price-to-earnings-growth ratio of 2.57 and a beta of 1.05. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 37.77% and a net margin of 15.02%. Equities analysts forecast that Honeywell International Inc. will post 9.78 EPS for the current fiscal year.

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.