Honeywell International Inc. (NASDAQ:HON) Shares Sold by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC reduced its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,075 shares of the conglomerate’s stock after selling 485 shares during the quarter. Honeywell International accounts for approximately 1.4% of Harbour Capital Advisors LLC’s portfolio, making the stock its 13th largest holding. Harbour Capital Advisors LLC’s holdings in Honeywell International were worth $6,360,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America acquired a new position in Honeywell International during the third quarter worth about $25,000. Reston Wealth Management LLC acquired a new position in shares of Honeywell International during the 3rd quarter worth approximately $29,000. Financial Avengers Inc. lifted its stake in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares in the last quarter. Planning Capital Management Corp grew its holdings in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after buying an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in shares of Honeywell International in the third quarter worth $41,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Up 0.4 %

Shares of Honeywell International stock traded up $0.96 during trading hours on Monday, hitting $219.15. 3,310,384 shares of the company’s stock traded hands, compared to its average volume of 3,042,949. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The stock has a 50 day simple moving average of $226.40 and a 200-day simple moving average of $214.20. The company has a market cap of $142.50 billion, a PE ratio of 25.31, a PEG ratio of 2.85 and a beta of 1.06.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on HON shares. Barclays cut their target price on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. JPMorgan Chase & Co. dropped their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Royal Bank of Canada restated a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a report on Tuesday, December 3rd. Finally, UBS Group restated a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Eleven equities research 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 stock presently has a consensus rating of “Hold” and an average target price of $248.07.

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.