Wealthcare Advisory Partners LLC Increases Stake in Honeywell International Inc. (NASDAQ:HON)

Wealthcare Advisory Partners LLC increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 50.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 8,759 shares of the conglomerate’s stock after buying an additional 2,930 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Honeywell International were worth $1,978,000 as of its most recent SEC filing.

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

Honeywell International Price Performance

Honeywell International stock opened at $222.58 on Friday. 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 Inc. has a one year low of $189.66 and a one year high of $242.77. The company 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 fifty day moving average of $227.06 and a two-hundred day moving average of $214.44.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on HON shares. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $223.00 to $217.00 in a research note on Friday, October 25th. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Wells Fargo & Company decreased their price objective on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Wolfe Research downgraded shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Finally, Bank of America raised their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Eleven analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $248.29.

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.