Secure Asset Management LLC Acquires 66 Shares of Honeywell International Inc. (NASDAQ:HON)

Secure Asset Management LLC grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 4.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,538 shares of the conglomerate’s stock after acquiring an additional 66 shares during the period. Secure Asset Management LLC’s holdings in Honeywell International were worth $347,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. AXA S.A. boosted its holdings in Honeywell International by 6.1% in the second quarter. AXA S.A. now owns 155,975 shares of the conglomerate’s stock valued at $33,307,000 after acquiring an additional 9,032 shares during the last quarter. Dark Forest Capital Management LP acquired a new position in shares of Honeywell International in the 2nd quarter worth approximately $466,000. MBB Public Markets I LLC lifted its position in shares of Honeywell International by 1,063.8% in the 2nd quarter. MBB Public Markets I LLC now owns 45,832 shares of the conglomerate’s stock worth $9,787,000 after purchasing an additional 41,894 shares during the period. Legal & General Group Plc increased its position in shares of Honeywell International by 0.9% during the second quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock worth $1,048,600,000 after buying an additional 42,305 shares during the period. Finally, Horizon Advisory Services Inc. raised its stake in Honeywell International by 6.6% during the second quarter. Horizon Advisory Services Inc. now owns 1,184 shares of the conglomerate’s stock worth $253,000 after buying an additional 73 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $221.51 on Friday. The company has a market cap of $144.04 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 2.56 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. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The business has a 50 day moving average price of $226.53 and a 200-day moving average price of $214.76.

Analyst Ratings Changes

HON has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their price target on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. The Goldman Sachs Group lifted their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Jefferies Financial Group boosted their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a report on Tuesday, December 3rd. Eleven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $248.29.

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.