Uncommon Cents Investing LLC Decreases Stock Position in Honeywell International Inc. (NASDAQ:HON)

Uncommon Cents Investing LLC trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 4.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,012 shares of the conglomerate’s stock after selling 175 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Honeywell International were worth $906,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. raised its holdings in Honeywell International by 17.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 18,773 shares of the conglomerate’s stock valued at $4,009,000 after acquiring an additional 2,734 shares during the last quarter. Sei Investments Co. grew its position in shares of Honeywell International by 12.3% in the second quarter. Sei Investments Co. now owns 407,956 shares of the conglomerate’s stock valued at $87,114,000 after purchasing an additional 44,644 shares in the last quarter. Legacy Financial Advisors Inc. increased its holdings in shares of Honeywell International by 3.6% in the second quarter. Legacy Financial Advisors Inc. now owns 3,108 shares of the conglomerate’s stock valued at $664,000 after purchasing an additional 108 shares during the last quarter. Frank Rimerman Advisors LLC lifted its position in Honeywell International by 11,200.0% during the second quarter. Frank Rimerman Advisors LLC now owns 6,102 shares of the conglomerate’s stock worth $1,303,000 after buying an additional 6,048 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC boosted its stake in Honeywell International by 264.7% during the second quarter. Mount Yale Investment Advisors LLC now owns 4,672 shares of the conglomerate’s stock worth $998,000 after buying an additional 3,391 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON stock opened at $222.58 on Monday. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. 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 $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06. The stock’s 50-day moving average is $227.06 and its two-hundred day moving average is $214.45.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on HON. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Jefferies Financial Group lifted their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Robert W. Baird cut 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. UBS Group reaffirmed a “buy” rating and set a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, Wells Fargo & Company lowered their price objective on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Honeywell International currently has an average rating of “Hold” and an average price target of $248.29.

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.