Bouvel Investment Partners LLC Increases Position in Honeywell International Inc. (NASDAQ:HON)

Bouvel Investment Partners LLC lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,467 shares of the conglomerate’s stock after buying an additional 250 shares during the period. Honeywell International makes up about 1.5% of Bouvel Investment Partners LLC’s holdings, making the stock its 22nd biggest holding. Bouvel Investment Partners LLC’s holdings in Honeywell International were worth $4,171,000 at the end of the most recent reporting period.

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

Honeywell International Stock Performance

HON stock opened at $222.69 on Friday. The company has a market capitalization of $144.80 billion, a P/E ratio of 25.71, a PEG ratio of 2.40 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The company has a 50-day simple moving average of $226.89 and a 200 day simple moving average of $214.30. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77.

Analyst Ratings Changes

A number of brokerages recently commented on HON. Wells Fargo & Company reduced their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. The Goldman Sachs Group upped their price target 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. Bank of America raised their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Finally, StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. 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. According to data from MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and an average price target of $247.93.

Honeywell International Company 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.