Rovin Capital UT ADV Sells 316 Shares of Honeywell International Inc. (NASDAQ:HON)

Rovin Capital UT ADV decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 18.0% in the 4th quarter, Holdings Channel reports. The fund owned 1,440 shares of the conglomerate’s stock after selling 316 shares during the period. Rovin Capital UT ADV’s holdings in Honeywell International were worth $325,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. ERn Financial LLC boosted its position in Honeywell International by 2.4% in the fourth quarter. ERn Financial LLC now owns 5,494 shares of the conglomerate’s stock valued at $1,241,000 after buying an additional 131 shares in the last quarter. Surience Private Wealth LLC bought a new position in shares of Honeywell International in the 4th quarter valued at $4,478,000. Advisors Management Group Inc. ADV boosted its holdings in shares of Honeywell International by 0.7% during the 4th quarter. Advisors Management Group Inc. ADV now owns 25,493 shares of the conglomerate’s stock valued at $5,759,000 after acquiring an additional 176 shares in the last quarter. ARS Wealth Advisors Group LLC grew its position in Honeywell International by 1.0% during the 4th quarter. ARS Wealth Advisors Group LLC now owns 78,659 shares of the conglomerate’s stock worth $17,768,000 after acquiring an additional 780 shares during the last quarter. Finally, Apella Capital LLC grew its position in Honeywell International by 13.8% during the 4th quarter. Apella Capital LLC now owns 1,893 shares of the conglomerate’s stock worth $428,000 after acquiring an additional 229 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HON. Wells Fargo & Company dropped their price objective on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Bank of America lifted 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. The Goldman Sachs Group increased their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, UBS Group reissued 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. Eleven investment 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $247.93.

Honeywell International Trading Up 0.5 %

Shares of Honeywell International stock opened at $219.54 on Thursday. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The stock has a fifty day moving average price of $226.83 and a 200-day moving average price of $214.27. 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 firm has a market cap of $142.76 billion, a PE ratio of 25.35, a P/E/G ratio of 2.85 and a beta of 1.06.

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.