Clear Harbor Asset Management LLC Sells 2,824 Shares of Honeywell International Inc. (NASDAQ:HON)

Clear Harbor Asset Management LLC reduced its position in shares of Honeywell International Inc. (NASDAQ:HON) by 5.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 53,468 shares of the conglomerate’s stock after selling 2,824 shares during the period. Honeywell International accounts for approximately 1.0% of Clear Harbor Asset Management LLC’s holdings, making the stock its 21st biggest position. Clear Harbor Asset Management LLC’s holdings in Honeywell International were worth $12,078,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America bought a new position in Honeywell International during the third quarter worth $25,000. Reston Wealth Management LLC acquired a new position in shares of Honeywell International during the third quarter valued at about $29,000. Hoese & Co LLP bought a new stake in shares of Honeywell International in the fourth quarter valued at about $30,000. Financial Avengers Inc. raised its holdings in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp lifted its position 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. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on HON. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. JPMorgan Chase & Co. dropped their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Royal Bank of Canada reiterated a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. Finally, HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Eleven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $222.58 on Tuesday. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. 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 $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06. The firm has a fifty day moving average of $227.06 and a two-hundred day moving average of $214.47.

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.