Brighton Jones LLC Buys 1,582 Shares of Honeywell International Inc. (NASDAQ:HON)

Brighton Jones LLC increased its holdings in Honeywell International Inc. (NASDAQ:HON) by 9.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,047 shares of the conglomerate’s stock after buying an additional 1,582 shares during the quarter. Brighton Jones LLC’s holdings in Honeywell International were worth $4,302,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Teachers Insurance & Annuity Association of America bought a new position in Honeywell International in the 3rd quarter worth $25,000. Reston Wealth Management LLC purchased a new stake in Honeywell International in the 3rd quarter worth approximately $29,000. Hoese & Co LLP bought a new stake in Honeywell International during the 4th quarter worth approximately $30,000. Financial Avengers Inc. boosted its position in shares of Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp raised its position in shares of Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. UBS Group reaffirmed a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Finally, Wells Fargo & Company decreased their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Up 1.2 %

Honeywell International stock opened at $225.66 on Friday. The firm has a market cap of $146.73 billion, a price-to-earnings ratio of 26.06, a price-to-earnings-growth ratio of 2.58 and a beta of 1.06. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The business’s 50-day moving average price is $226.63 and its 200 day moving average price is $214.69. 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 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.