Safeguard Financial LLC Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Safeguard Financial LLC raised its stake in Honeywell International Inc. (NASDAQ:HON) by 2.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,931 shares of the conglomerate’s stock after buying an additional 76 shares during the period. Safeguard Financial LLC’s holdings in Honeywell International were worth $662,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HON. Wells Fargo & Company lowered their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. UBS Group reaffirmed 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. Finally, The Goldman Sachs Group increased their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. 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 stock. According to data from MarketBeat, Honeywell International currently has a consensus rating of “Hold” and an average price target of $248.07.

Honeywell International Stock Down 0.3 %

NASDAQ:HON opened at $218.50 on Wednesday. The firm has a market capitalization of $142.08 billion, a price-to-earnings ratio of 25.23, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The stock’s 50 day moving average price is $226.83 and its two-hundred day moving average price is $214.27. The company has a quick ratio of 1.12, a current ratio of 1.44 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.