MCF Advisors LLC Purchases 109 Shares of Honeywell International Inc. (NASDAQ:HON)

MCF Advisors LLC lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,253 shares of the conglomerate’s stock after purchasing an additional 109 shares during the quarter. MCF Advisors LLC’s holdings in Honeywell International were worth $509,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in HON. White Pine Investment CO grew its position in shares of Honeywell International by 3.9% in the 4th quarter. White Pine Investment CO now owns 17,214 shares of the conglomerate’s stock valued at $3,888,000 after acquiring an additional 650 shares during the period. Proquility Private Wealth Partners LLC boosted its stake in Honeywell International by 1.5% during the fourth quarter. Proquility Private Wealth Partners LLC now owns 14,621 shares of the conglomerate’s stock worth $3,303,000 after acquiring an additional 213 shares in the last quarter. Commons Capital LLC grew its holdings in Honeywell International by 2.0% in the fourth quarter. Commons Capital LLC now owns 8,819 shares of the conglomerate’s stock worth $1,992,000 after purchasing an additional 173 shares during the period. Atomi Financial Group Inc. increased its stake in Honeywell International by 11.7% in the fourth quarter. Atomi Financial Group Inc. now owns 9,121 shares of the conglomerate’s stock valued at $2,060,000 after purchasing an additional 959 shares in the last quarter. Finally, Monterey Private Wealth Inc. acquired a new position in shares of Honeywell International during the fourth quarter valued at about $211,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of research analyst reports. Royal Bank of Canada restated a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a research note on Tuesday, December 3rd. Bank of America raised their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. JPMorgan Chase & Co. lowered their target price on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, UBS Group reiterated a “buy” rating and set a $298.00 target price (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Price Performance

HON stock opened at $225.07 on Wednesday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The company has a 50-day moving average price of $227.00 and a 200 day moving average price of $214.54. The stock has a market cap of $146.35 billion, a PE ratio of 25.99, a P/E/G ratio of 2.55 and a beta of 1.06. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77.

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.