Honeywell International Inc. (NASDAQ:HON) Shares Sold by Vision Capital Management Inc.

Vision Capital Management Inc. lowered its holdings in Honeywell International Inc. (NASDAQ:HON) by 9.8% in the fourth quarter, HoldingsChannel reports. The firm owned 37,078 shares of the conglomerate’s stock after selling 4,010 shares during the period. Honeywell International comprises about 1.2% of Vision Capital Management Inc.’s portfolio, making the stock its 20th largest holding. Vision Capital Management Inc.’s holdings in Honeywell International were worth $8,376,000 as of its most recent SEC filing.

Other institutional investors and hedge funds 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 3rd quarter worth approximately $25,000. Hoese & Co LLP bought a new position in Honeywell International during the 4th quarter worth approximately $30,000. Reston Wealth Management LLC bought a new position in Honeywell International during the 3rd quarter worth approximately $29,000. Financial Avengers Inc. lifted its holdings 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. Finally, Planning Capital Management Corp lifted 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 worth $34,000 after purchasing an additional 81 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on HON. Citigroup cut their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. UBS Group reissued a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research report on Wednesday, December 11th. Jefferies Financial Group raised their target price on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Finally, Bank of America raised their target price on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $222.35 on Thursday. The stock has a market cap of $144.58 billion, a PE ratio of 25.68, a price-to-earnings-growth ratio of 2.57 and a beta of 1.05. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. 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 business has a fifty day simple moving average of $225.61 and a 200-day simple moving average of $215.18.

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.