Round Rock Advisors LLC Decreases Stock Position in Honeywell International Inc. (NASDAQ:HON)

Round Rock Advisors LLC decreased its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 10.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,543 shares of the conglomerate’s stock after selling 1,469 shares during the quarter. Round Rock Advisors LLC’s holdings in Honeywell International were worth $2,824,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of HON. Baldwin Wealth Partners LLC MA increased its holdings in Honeywell International by 4.0% in the fourth quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock valued at $15,203,000 after buying an additional 2,611 shares during the last quarter. RIA Advisory Group LLC acquired a new position in shares of Honeywell International during the 3rd quarter worth about $6,124,000. Copley Financial Group Inc. purchased a new position in shares of Honeywell International in the 3rd quarter valued at about $454,000. Toth Financial Advisory Corp raised its position in shares of Honeywell International by 11.2% during the 4th quarter. Toth Financial Advisory Corp now owns 18,395 shares of the conglomerate’s stock worth $4,155,000 after acquiring an additional 1,859 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in Honeywell International by 2.0% during the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock worth $132,155,000 after purchasing an additional 12,755 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on HON shares. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $223.00 to $217.00 in a research note on Friday, October 25th. JPMorgan Chase & Co. dropped 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 report on Wednesday, January 15th. The Goldman Sachs Group boosted their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Wells Fargo & Company dropped their price objective on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Finally, StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Eleven research 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 company’s stock. According to data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average price target of $248.29.

Honeywell International Price Performance

Honeywell International stock opened at $223.72 on Friday. 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 business has a 50 day simple moving average of $225.91 and a 200-day simple moving average of $215.12. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The stock has a market capitalization of $145.47 billion, a PE ratio of 25.83, a price-to-earnings-growth ratio of 2.54 and a beta of 1.06.

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.