Kingswood Wealth Advisors LLC Boosts Holdings in Honeywell International Inc. (NASDAQ:HON)

Kingswood Wealth Advisors LLC raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 21.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,181 shares of the conglomerate’s stock after acquiring an additional 3,967 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Honeywell International were worth $5,010,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of HON. PFG Investments LLC grew its holdings in Honeywell International by 1.8% during the fourth quarter. PFG Investments LLC now owns 11,020 shares of the conglomerate’s stock worth $2,489,000 after acquiring an additional 193 shares during the period. Tennessee Valley Asset Management Partners acquired a new stake in shares of Honeywell International during the 4th quarter worth approximately $981,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Honeywell International by 10.6% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 9,682 shares of the conglomerate’s stock valued at $2,187,000 after purchasing an additional 924 shares in the last quarter. High Net Worth Advisory Group LLC lifted its stake in shares of Honeywell International by 5.4% in the 4th quarter. High Net Worth Advisory Group LLC now owns 1,360 shares of the conglomerate’s stock valued at $307,000 after purchasing an additional 70 shares during the period. Finally, Clarendon Private LLC purchased a new stake in Honeywell International during the fourth quarter worth $318,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Down 1.8 %

NASDAQ HON opened at $221.51 on Monday. 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 Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The business’s fifty day simple moving average is $226.38 and its 200-day simple moving average is $214.86. The firm has a market cap of $144.04 billion, a PE ratio of 25.58, a P/E/G ratio of 2.56 and a beta of 1.06.

Analyst Ratings Changes

A number of brokerages have weighed in on HON. Wells Fargo & Company decreased 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 research report on Tuesday, January 7th. Barclays increased their target price on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $223.00 to $217.00 in a report on Friday, October 25th. Finally, HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research note on Wednesday, December 11th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $248.29.

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.