United Asset Strategies Inc. Grows Position in Honeywell International Inc. (NASDAQ:HON)

United Asset Strategies Inc. boosted its stake in Honeywell International Inc. (NASDAQ:HON) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,226 shares of the conglomerate’s stock after buying an additional 355 shares during the period. United Asset Strategies Inc.’s holdings in Honeywell International were worth $4,343,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Teachers Insurance & Annuity Association of America acquired a new position in Honeywell International during the 3rd quarter worth about $25,000. Reston Wealth Management LLC purchased a new stake in Honeywell International during the third quarter worth about $29,000. Hoese & Co LLP acquired a new stake in shares of Honeywell International during the fourth quarter worth about $30,000. 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 valued at $32,000 after purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp grew its holdings 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 in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Down 1.8 %

HON stock opened at $221.51 on Monday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The company’s 50 day simple moving average is $226.38 and its 200-day simple moving average is $214.86. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The firm has a market capitalization of $144.04 billion, a PE ratio of 25.58, a P/E/G ratio of 2.56 and a beta of 1.06.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of analyst reports. Royal Bank of Canada reissued a “sector perform” rating and set a $253.00 price objective on shares of Honeywell International in a research report on Tuesday, December 3rd. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research report on Wednesday, December 11th. UBS Group reaffirmed a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $223.00 to $217.00 in a report on Friday, October 25th. Finally, Wells Fargo & Company decreased 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. Eleven investment 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average 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.