Krilogy Financial LLC Boosts Stake in Honeywell International Inc. (NASDAQ:HON)

Krilogy Financial LLC lifted its holdings in Honeywell International Inc. (NASDAQ:HON) by 170.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,896 shares of the conglomerate’s stock after buying an additional 20,118 shares during the period. Krilogy Financial LLC’s holdings in Honeywell International were worth $7,205,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. boosted its stake in Honeywell International by 17.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 18,773 shares of the conglomerate’s stock valued at $4,009,000 after acquiring an additional 2,734 shares during the last quarter. Callan Capital LLC lifted its stake in Honeywell International by 6.4% in the second quarter. Callan Capital LLC now owns 2,218 shares of the conglomerate’s stock valued at $474,000 after purchasing an additional 134 shares during the last quarter. AE Wealth Management LLC grew its holdings in Honeywell International by 16.4% during the second quarter. AE Wealth Management LLC now owns 88,985 shares of the conglomerate’s stock valued at $19,002,000 after purchasing an additional 12,530 shares during the period. Sei Investments Co. increased its position in Honeywell International by 12.3% in the second quarter. Sei Investments Co. now owns 407,956 shares of the conglomerate’s stock worth $87,114,000 after buying an additional 44,644 shares during the last quarter. Finally, Capstone Triton Financial Group LLC raised its stake in shares of Honeywell International by 15.3% in the second quarter. Capstone Triton Financial Group LLC now owns 3,309 shares of the conglomerate’s stock valued at $707,000 after buying an additional 439 shares during the period. 75.91% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

HON has been the subject of several recent research reports. UBS Group reissued a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Baird R W downgraded shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Wells Fargo & Company dropped their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Finally, The Goldman Sachs Group increased their target price on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $248.29.

Honeywell International Trading Down 0.0 %

Shares of HON stock opened at $222.58 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The firm has a market cap of $144.73 billion, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. The business has a 50-day moving average price of $227.06 and a two-hundred day moving average price of $214.44. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77.

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.