YANKCOM Partnership Takes $1.38 Million Position in Honeywell International Inc. (NASDAQ:HON)

YANKCOM Partnership acquired a new stake in Honeywell International Inc. (NASDAQ:HON) in the 4th quarter, Holdings Channel reports. The firm acquired 6,105 shares of the conglomerate’s stock, valued at approximately $1,379,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Czech National Bank increased its holdings in Honeywell International by 6.9% during the 3rd quarter. Czech National Bank now owns 132,653 shares of the conglomerate’s stock valued at $27,421,000 after acquiring an additional 8,563 shares in the last quarter. Aprio Wealth Management LLC acquired a new stake in shares of Honeywell International in the third quarter valued at approximately $227,000. Axiom Advisory LLC purchased a new position in shares of Honeywell International during the 3rd quarter worth approximately $233,000. Dynamic Advisor Solutions LLC raised its position in shares of Honeywell International by 0.4% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 26,709 shares of the conglomerate’s stock worth $5,521,000 after purchasing an additional 95 shares during the last quarter. Finally, Reliant Investment Management LLC lifted its stake in Honeywell International by 29.2% in the 3rd quarter. Reliant Investment Management LLC now owns 1,327 shares of the conglomerate’s stock valued at $274,000 after buying an additional 300 shares in the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on HON shares. Wells Fargo & Company decreased their price objective on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $223.00 to $217.00 in a report on Friday, October 25th. The Goldman Sachs Group raised their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, UBS Group reaffirmed a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. 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 company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $222.35 on Thursday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a 1 year low of $189.75 and a 1 year high of $242.77. The firm’s 50-day simple moving average is $225.61 and its 200-day simple moving average is $215.18. The firm has a market cap of $144.58 billion, a PE ratio of 25.68, a price-to-earnings-growth ratio of 2.57 and a beta of 1.05.

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.