Honeywell International Inc. (NASDAQ:HON) Shares Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC lessened its holdings in Honeywell International Inc. (NASDAQ:HON) by 16.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 103,700 shares of the conglomerate’s stock after selling 20,027 shares during the quarter. Douglas Lane & Associates LLC’s holdings in Honeywell International were worth $23,425,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. RIA Advisory Group LLC acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $6,124,000. Copley Financial Group Inc. purchased a new position in Honeywell International in the third quarter valued at $454,000. EP Wealth Advisors LLC raised its position in shares of Honeywell International by 4.4% in the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after acquiring an additional 14,271 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of Honeywell International by 2.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock worth $132,155,000 after acquiring an additional 12,755 shares in the last quarter. Finally, SteelPeak Wealth LLC grew its position in shares of Honeywell International by 255.2% during the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after acquiring an additional 52,830 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Trading Down 0.1 %

Honeywell International stock traded down $0.29 during mid-day trading on Wednesday, hitting $220.34. The company’s stock had a trading volume of 1,080,780 shares, compared to its average volume of 2,511,271. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $143.28 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. The stock’s fifty day moving average is $225.61 and its two-hundred day moving average is $214.10.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wells Fargo & Company lowered their price target on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Bank of America lifted their price target on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. Citigroup upped their price objective on shares of Honeywell International from $244.00 to $268.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. Eleven 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. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $248.21.

About Honeywell International

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.