Honeywell International Inc. (NASDAQ:HON) Shares Sold by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. decreased its position in Honeywell International Inc. (NASDAQ:HON) by 20.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,291 shares of the conglomerate’s stock after selling 2,894 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Honeywell International were worth $2,550,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ascent Group LLC boosted its stake in shares of Honeywell International by 3.6% during the 2nd quarter. Ascent Group LLC now owns 9,381 shares of the conglomerate’s stock valued at $2,003,000 after buying an additional 322 shares during the last quarter. Creative Planning boosted its stake in Honeywell International by 3.1% during the 2nd quarter. Creative Planning now owns 217,112 shares of the conglomerate’s stock valued at $46,362,000 after acquiring an additional 6,443 shares during the last quarter. Silver Lake Advisory LLC acquired a new position in Honeywell International during the 2nd quarter worth $198,000. NewEdge Advisors LLC increased its position in shares of Honeywell International by 30.5% in the 2nd quarter. NewEdge Advisors LLC now owns 76,142 shares of the conglomerate’s stock worth $16,260,000 after purchasing an additional 17,809 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Honeywell International by 3.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 230,344 shares of the conglomerate’s stock valued at $49,188,000 after purchasing an additional 7,603 shares in the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on HON. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Barclays raised their price objective on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. UBS Group reiterated a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Trading Up 1.9 %

Honeywell International stock opened at $225.77 on Tuesday. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. 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 stock has a market capitalization of $146.80 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. The firm has a 50 day simple moving average of $226.38 and a 200-day simple moving average of $214.86.

About Honeywell International

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.