Winthrop Advisory Group LLC Decreases Stock Position in Honeywell International Inc. (NASDAQ:HON)

Winthrop Advisory Group LLC lessened its stake in Honeywell International Inc. (NASDAQ:HON) by 13.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,621 shares of the conglomerate’s stock after selling 254 shares during the quarter. Winthrop Advisory Group LLC’s holdings in Honeywell International were worth $366,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp boosted its stake in shares of Honeywell International by 0.3% during the 3rd quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock valued at $6,413,570,000 after buying an additional 92,112 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Honeywell International by 8.4% during the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after buying an additional 1,376,479 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after buying an additional 547,998 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Honeywell International by 3.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after buying an additional 310,807 shares during the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of Honeywell International by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock valued at $1,048,600,000 after buying an additional 42,305 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on HON. Wells Fargo & Company dropped their price target on 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. Bank of America upped their price target on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. UBS Group reaffirmed a “buy” rating and issued a $298.00 target price (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, The Goldman Sachs Group increased their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $248.21.

Honeywell International Price Performance

NASDAQ:HON traded up $0.54 during mid-day trading on Monday, reaching $218.73. 208,192 shares of the stock were exchanged, compared to its average volume of 2,631,107. The business has a fifty day moving average price of $226.40 and a 200 day moving average price of $214.20. The firm has a market capitalization of $142.23 billion, a PE ratio of 25.26, a PEG ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

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.