Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Traveka Wealth LLC

Traveka Wealth LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 11.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,268 shares of the conglomerate’s stock after acquiring an additional 127 shares during the period. Traveka Wealth LLC’s holdings in Honeywell International were worth $286,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in HON. Acadian Asset Management LLC boosted its holdings in shares of Honeywell International by 36.7% in the 2nd quarter. Acadian Asset Management LLC now owns 5,870 shares of the conglomerate’s stock valued at $1,252,000 after purchasing an additional 1,575 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Honeywell International during the second quarter valued at about $121,000. Envestnet Asset Management Inc. increased its stake in Honeywell International by 7.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,057,508 shares of the conglomerate’s stock worth $225,820,000 after acquiring an additional 71,378 shares during the last quarter. Brown Brothers Harriman & Co. raised its holdings in shares of Honeywell International by 4.3% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 18,463 shares of the conglomerate’s stock worth $3,943,000 after purchasing an additional 760 shares during the period. Finally, Fairfield Financial Advisors LTD purchased a new stake in shares of Honeywell International during the 2nd quarter worth about $61,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Barclays reduced their price target on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. Citigroup decreased their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Wells Fargo & Company decreased their target price on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. dropped their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Honeywell International has a consensus rating of “Hold” and an average target price of $248.07.

Honeywell International Stock Performance

Shares of HON stock opened at $219.10 on Tuesday. The stock has a market capitalization of $142.47 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The company’s 50-day simple moving average is $226.63 and its 200-day simple moving average is $214.23. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

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.