Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Ballast Inc.

Ballast Inc. boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,430 shares of the conglomerate’s stock after buying an additional 105 shares during the quarter. Ballast Inc.’s holdings in Honeywell International were worth $1,452,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of HON. Wellington Management Group LLP lifted its position in shares of Honeywell International by 8.4% in the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after acquiring an additional 1,376,479 shares in the last quarter. International Assets Investment Management LLC raised its stake in Honeywell International by 24,683.3% during the 3rd quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after purchasing an additional 944,876 shares during the period. Mizuho Securities USA LLC boosted its position in shares of Honeywell International by 1,147.0% in the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock worth $129,415,000 after buying an additional 575,865 shares during the period. Geode Capital Management LLC grew its holdings in shares of Honeywell International by 4.0% during the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after buying an additional 547,998 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in Honeywell International by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after buying an additional 310,807 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 0.0 %

Shares of HON opened at $222.58 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The company has a 50-day moving average price of $227.06 and a two-hundred day moving average price of $214.44. The stock has a market cap of $144.73 billion, a price-to-earnings ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on HON. UBS Group reiterated a “buy” rating and issued a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $223.00 to $217.00 in a report on Friday, October 25th. The Goldman Sachs Group increased their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Finally, JPMorgan Chase & Co. dropped their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a report on Wednesday. Eleven 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. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $248.29.

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.