Honeywell International (NASDAQ:HON) Given New $252.00 Price Target at Barclays

Honeywell International (NASDAQ:HON) had its target price boosted by equities researchers at Barclays from $229.00 to $252.00 in a report issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the conglomerate’s stock. Barclays‘s price objective points to a potential upside of 9.25% from the company’s previous close.

Several other equities research analysts have also recently weighed in on the company. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. StockNews.com raised Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. JPMorgan Chase & Co. lowered their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Bank of America reissued a “neutral” rating and issued a $230.00 price objective (down previously from $250.00) on shares of Honeywell International in a research note on Thursday, October 24th. Finally, Morgan Stanley assumed coverage on shares of Honeywell International in a research note on Friday, September 6th. They set an “equal weight” rating and a $210.00 target price on the stock. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Honeywell International presently has a consensus rating of “Hold” and an average price target of $241.45.

Honeywell International Price Performance

HON stock opened at $230.67 on Wednesday. The company’s 50-day moving average price is $210.22 and its two-hundred day moving average price is $207.34. The firm has a market cap of $149.99 billion, a P/E ratio of 26.64, a P/E/G ratio of 2.78 and a beta of 1.03. 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 has a 12 month low of $188.78 and a 12 month high of $242.77.

Institutional Trading of Honeywell International

A number of institutional investors have recently bought and sold shares of the company. Quent Capital LLC increased its stake in Honeywell International by 4.7% in the first quarter. Quent Capital LLC now owns 1,722 shares of the conglomerate’s stock valued at $353,000 after purchasing an additional 77 shares in the last quarter. Kingsview Wealth Management LLC raised its stake in Honeywell International by 2.0% during the 1st quarter. Kingsview Wealth Management LLC now owns 35,192 shares of the conglomerate’s stock worth $7,223,000 after buying an additional 678 shares during the period. HBK Sorce Advisory LLC boosted its holdings in Honeywell International by 1.0% in the first quarter. HBK Sorce Advisory LLC now owns 8,112 shares of the conglomerate’s stock worth $1,665,000 after acquiring an additional 82 shares in the last quarter. Leo Wealth LLC increased its holdings in shares of Honeywell International by 4.9% during the first quarter. Leo Wealth LLC now owns 4,438 shares of the conglomerate’s stock valued at $908,000 after acquiring an additional 208 shares in the last quarter. Finally, GM Advisory Group LLC lifted its holdings in shares of Honeywell International by 2.4% in the 1st quarter. GM Advisory Group LLC now owns 5,826 shares of the conglomerate’s stock worth $1,196,000 after purchasing an additional 139 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

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.