Moss Adams Wealth Advisors LLC Raises Stock Position in Honeywell International Inc. (NASDAQ:HON)

Moss Adams Wealth Advisors LLC raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 46.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,077 shares of the conglomerate’s stock after purchasing an additional 1,302 shares during the period. Moss Adams Wealth Advisors LLC’s holdings in Honeywell International were worth $921,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. RIA Advisory Group LLC acquired a new stake in Honeywell International in the 3rd quarter worth about $6,124,000. Copley Financial Group Inc. acquired a new stake in shares of Honeywell International in the third quarter worth approximately $454,000. EP Wealth Advisors LLC boosted its stake in shares of Honeywell International by 4.4% in 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 last quarter. Rockefeller Capital Management L.P. raised 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 last quarter. Finally, SteelPeak Wealth LLC lifted its holdings in Honeywell International by 255.2% in 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 in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.0 %

Shares of HON stock opened at $222.58 on Friday. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The firm has a market cap of $144.73 billion, a PE ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. The company has a 50-day moving average of $227.06 and a two-hundred day moving average of $214.44. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12.

Analyst Ratings Changes

A number of research firms have recently issued reports on HON. Wells Fargo & Company dropped their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Citigroup cut their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. 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 note on Wednesday, November 13th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a report on Wednesday, December 11th. Finally, Bank of America upped their target price on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, 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.