Sage Capital Advisors llc Boosts Stake in Honeywell International Inc. (NASDAQ:HON)

Sage Capital Advisors llc boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,570 shares of the conglomerate’s stock after acquiring an additional 85 shares during the period. Sage Capital Advisors llc’s holdings in Honeywell International were worth $4,195,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. RIA Advisory Group LLC acquired a new position in Honeywell International in the 3rd quarter valued at about $6,124,000. Copley Financial Group Inc. purchased a new position in Honeywell International in the third quarter worth approximately $454,000. EP Wealth Advisors LLC increased its stake in Honeywell International by 4.4% during 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 position in Honeywell International by 2.0% in the third 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 period. Finally, SteelPeak Wealth LLC lifted its stake in shares of 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 during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Down 0.7 %

Shares of NASDAQ:HON traded down $1.49 during trading hours on Friday, reaching $218.68. The stock had a trading volume of 1,576,051 shares, compared to its average volume of 2,695,651. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The firm’s 50 day moving average is $226.22 and its 200-day moving average is $214.18. The stock has a market capitalization of $142.20 billion, a price-to-earnings ratio of 25.25, a P/E/G ratio of 2.85 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Citigroup boosted their price objective on shares of Honeywell International from $244.00 to $268.00 and gave the company a “buy” rating in a report on Monday, December 9th. 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 note on Thursday, December 12th. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Barclays decreased their price target on Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $248.21.

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.