Honeywell International Inc. (NASDAQ:HON) Shares Sold by Pine Haven Investment Counsel Inc

Pine Haven Investment Counsel Inc decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 18.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,185 shares of the conglomerate’s stock after selling 260 shares during the quarter. Pine Haven Investment Counsel Inc’s holdings in Honeywell International were worth $268,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International in the 3rd quarter valued at about $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International in the third quarter valued at approximately $29,000. Financial Avengers Inc. boosted its stake in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after acquiring an additional 50 shares during the last quarter. Planning Capital Management Corp raised its stake in 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 purchasing an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in Honeywell International in the 3rd quarter valued at $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of HON opened at $222.58 on Monday. The firm has a 50-day simple moving average of $227.06 and a two-hundred day simple moving average of $214.45. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The stock has a market cap of $144.73 billion, a PE ratio of 25.70, a P/E/G ratio of 2.40 and a beta of 1.06.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on HON. Wells Fargo & Company reduced their target price on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. 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 note on Thursday, December 12th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Bank of America boosted their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Finally, Citigroup cut their target price on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Eleven 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 MarketBeat.com, Honeywell International presently has an average rating of “Hold” and a consensus price target of $248.29.

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.