Prairie Wealth Advisors Inc. Buys 170 Shares of Honeywell International Inc. (NASDAQ:HON)

Prairie Wealth Advisors Inc. raised its stake in Honeywell International Inc. (NASDAQ:HON) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,405 shares of the conglomerate’s stock after acquiring an additional 170 shares during the period. Prairie Wealth Advisors Inc.’s holdings in Honeywell International were worth $769,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HON. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Honeywell International in the third quarter valued at approximately $25,000. Hoese & Co LLP purchased a new stake in shares of Honeywell International in the 4th quarter worth $30,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International during the third quarter valued at $29,000. Financial Avengers Inc. raised its holdings in shares of Honeywell International by 48.1% in the third 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 grew its holdings in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 81 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of NASDAQ HON opened at $209.82 on Friday. The stock has a market capitalization of $136.44 billion, a price-to-earnings ratio of 24.23, a PEG ratio of 2.57 and a beta of 1.05. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The firm’s 50 day simple moving average is $225.46 and its 200-day simple moving average is $215.23. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77.

Honeywell International (NASDAQ:HON) last released its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 15.02% and a return on equity of 37.77%. Analysts expect that Honeywell International Inc. will post 9.78 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on HON. HSBC upgraded shares of 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. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Jefferies Financial Group boosted their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. JPMorgan Chase & Co. reduced their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Finally, Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Ten equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $251.50.

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.