RMR Wealth Builders Sells 140 Shares of Honeywell International Inc. (NASDAQ:HON)

RMR Wealth Builders trimmed its stake in Honeywell International Inc. (NASDAQ:HON) by 1.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,731 shares of the conglomerate’s stock after selling 140 shares during the period. RMR Wealth Builders’ holdings in Honeywell International were worth $1,746,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Teachers Insurance & Annuity Association of America purchased a new stake in Honeywell International in the third quarter worth $25,000. Reston Wealth Management LLC purchased a new position in Honeywell International in the 3rd quarter worth about $29,000. Financial Avengers Inc. lifted its holdings in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares in the last quarter. Planning Capital Management Corp boosted its position in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after buying an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP bought a new position in Honeywell International in the 3rd quarter worth about $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Jefferies Financial Group boosted their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Citigroup boosted their price target on shares of Honeywell International from $244.00 to $268.00 and gave the company a “buy” rating in a report on Monday, December 9th. Barclays dropped their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a research note on Wednesday. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Finally, Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Eleven equities research 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 company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $248.21.

Honeywell International Stock Performance

HON traded down $1.98 during trading on Friday, reaching $218.19. 3,584,981 shares of the company’s stock were exchanged, compared to its average volume of 3,012,544. The company’s fifty day simple moving average is $226.22 and its 200-day simple moving average is $214.18. The stock has a market capitalization of $141.88 billion, a P/E ratio of 25.20, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year 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.