Saxon Interests Inc. Has $254,000 Holdings in Honeywell International Inc. (NASDAQ:HON)

Saxon Interests Inc. trimmed its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 16.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,125 shares of the conglomerate’s stock after selling 228 shares during the period. Saxon Interests Inc.’s holdings in Honeywell International were worth $254,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Edgestream Partners L.P. bought a new position in shares of Honeywell International in the 2nd quarter valued at about $1,864,000. Mercer Global Advisors Inc. ADV lifted its stake in Honeywell International by 9.7% in the second quarter. Mercer Global Advisors Inc. ADV now owns 86,429 shares of the conglomerate’s stock valued at $18,456,000 after buying an additional 7,668 shares during the period. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in Honeywell International by 2.7% during the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 22,284 shares of the conglomerate’s stock worth $4,759,000 after buying an additional 589 shares during the last quarter. Carolinas Wealth Consulting LLC increased its stake in shares of Honeywell International by 46.7% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 2,562 shares of the conglomerate’s stock valued at $547,000 after acquiring an additional 815 shares during the last quarter. Finally, Haverford Financial Services Inc. increased its stake in shares of Honeywell International by 20.6% in the 2nd quarter. Haverford Financial Services Inc. now owns 65,283 shares of the conglomerate’s stock valued at $13,941,000 after acquiring an additional 11,143 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HON. 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 report on Wednesday, December 11th. Royal Bank of Canada restated a “sector perform” rating and issued a $253.00 price objective on shares of Honeywell International in a research report on Tuesday, December 3rd. Wells Fargo & Company reduced their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 7th. Barclays lowered their price target on Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Finally, The Goldman Sachs Group lifted their price objective on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $247.93.

Honeywell International Price Performance

NASDAQ HON opened at $223.65 on Friday. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The firm’s 50 day moving average is $226.89 and its 200-day moving average is $214.30. The company has a market capitalization of $145.43 billion, a PE ratio of 25.83, a price-to-earnings-growth ratio of 2.40 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 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.