River Street Advisors LLC Purchases 565 Shares of Honeywell International Inc. (NASDAQ:HON)

River Street Advisors LLC grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 10.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,969 shares of the conglomerate’s stock after purchasing an additional 565 shares during the quarter. River Street Advisors LLC’s holdings in Honeywell International were worth $1,348,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International in the third quarter worth about $25,000. Reston Wealth Management LLC bought a new position in Honeywell International during the 3rd quarter worth approximately $29,000. Hoese & Co LLP purchased a new position in Honeywell International in the 4th quarter worth approximately $30,000. Financial Avengers Inc. lifted its position in 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 purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp boosted its stake in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the period. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Citigroup cut their price objective on Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Wells Fargo & Company reduced their price objective on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. JPMorgan Chase & Co. cut their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Finally, Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Down 0.2 %

NASDAQ:HON opened at $223.72 on Friday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The firm has a market cap of $145.47 billion, a P/E ratio of 25.83, a P/E/G ratio of 2.54 and a beta of 1.06. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The firm has a 50-day simple moving average of $225.91 and a two-hundred day simple moving average of $215.12.

Honeywell International 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.