Diversify Advisory Services LLC Has $606,000 Stake in Honeywell International Inc. (NASDAQ:HON)

Diversify Advisory Services LLC raised its stake in Honeywell International Inc. (NASDAQ:HON) by 43.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,776 shares of the conglomerate’s stock after purchasing an additional 845 shares during the quarter. Diversify Advisory Services LLC’s holdings in Honeywell International were worth $606,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of HON. RIA Advisory Group LLC purchased a new stake in Honeywell International in the 3rd quarter valued at about $6,124,000. Copley Financial Group Inc. bought a new stake in Honeywell International during the third quarter worth $454,000. EP Wealth Advisors LLC lifted its holdings in Honeywell International by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after acquiring an additional 14,271 shares during the period. Rockefeller Capital Management L.P. grew its stake in Honeywell International by 2.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after purchasing an additional 12,755 shares during the period. Finally, SteelPeak Wealth LLC increased its position in shares of Honeywell International by 255.2% during the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after purchasing an additional 52,830 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

HON has been the subject of several research reports. Bank of America increased their price target 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. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $253.00 price objective on shares of Honeywell International in a research note on Tuesday, December 3rd. UBS Group reissued a “buy” rating and issued a $298.00 target price (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, HSBC upgraded 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. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Price Performance

Honeywell International stock opened at $225.07 on Wednesday. The business has a 50-day simple moving average of $227.00 and a 200 day simple moving average of $214.54. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The stock has a market cap of $146.35 billion, a price-to-earnings ratio of 25.99, a PEG ratio of 2.55 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

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.