Honeywell International Inc. (NASDAQ:HON) Shares Sold by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC trimmed its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,257 shares of the conglomerate’s stock after selling 149 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in Honeywell International were worth $2,317,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. State Street Corp lifted its holdings in shares of Honeywell International by 0.3% during the 3rd quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock valued at $6,413,570,000 after acquiring an additional 92,112 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Honeywell International by 4.0% in the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after buying an additional 547,998 shares during the period. Janus Henderson Group PLC grew its stake in shares of Honeywell International by 7.2% in the third quarter. Janus Henderson Group PLC now owns 3,978,872 shares of the conglomerate’s stock valued at $822,458,000 after buying an additional 265,789 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Honeywell International by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,784,199 shares of the conglomerate’s stock valued at $782,232,000 after buying an additional 42,287 shares during the period. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on HON. Wells Fargo & Company decreased their price target on Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a report on Friday, February 7th. The Goldman Sachs Group upped their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Royal Bank of Canada dropped their price target on shares of Honeywell International from $253.00 to $236.00 and set a “sector perform” rating on the stock in a research note on Friday, February 7th. Barclays decreased their price objective on shares of Honeywell International from $260.00 to $251.00 and set an “overweight” rating for the company in a research report on Monday. Finally, StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Ten analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $248.71.

Honeywell International Price Performance

Shares of HON opened at $205.01 on Thursday. The company has a current ratio of 1.31, a quick ratio of 1.12 and a debt-to-equity ratio of 1.33. The firm has a market cap of $133.31 billion, a price-to-earnings ratio of 23.54, a PEG ratio of 2.55 and a beta of 1.05. Honeywell International Inc. has a 52 week low of $189.75 and a 52 week high of $242.77. The stock has a 50 day moving average of $223.69 and a 200-day moving average of $215.18.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. As a group, analysts forecast that Honeywell International Inc. will post 10.3 EPS for the current year.

Insider Buying and Selling

In related news, VP Anne T. Madden sold 28,885 shares of the company’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $207.89, for a total transaction of $6,004,902.65. Following the completion of the transaction, the vice president now directly owns 41,580 shares in the company, valued at $8,644,066.20. This represents a 40.99 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.41% of the stock is owned by company insiders.

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.