Honeywell International (NASDAQ:HON) Given New $231.00 Price Target at JPMorgan Chase & Co.

Honeywell International (NASDAQ:HON) had its price objective cut by JPMorgan Chase & Co. from $233.00 to $231.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have a neutral rating on the conglomerate’s stock.

Several other research analysts have also issued reports on the stock. The Goldman Sachs Group upped their target price on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Bank of America increased their price target on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Barclays decreased their price target on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Jefferies Financial Group upped their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Finally, Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Eleven research 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. According to MarketBeat.com, Honeywell International has an average rating of “Hold” and an average price target of $247.93.

Honeywell International Stock Up 0.5 %

HON opened at $219.54 on Wednesday. The company has a fifty day moving average price of $226.83 and a 200-day moving average price of $214.27. The firm has a market capitalization of $142.76 billion, a P/E ratio of 25.35, 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 has a one year low of $189.66 and a one year high of $242.77.

Institutional Trading of Honeywell International

Institutional investors have recently modified their holdings of the stock. RIA Advisory Group LLC purchased a new position in Honeywell International during the third quarter worth about $6,124,000. Copley Financial Group Inc. acquired a new position in shares of Honeywell International in the third quarter valued at approximately $454,000. EP Wealth Advisors LLC grew its holdings 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 valued at $72,044,000 after purchasing an additional 14,271 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Honeywell International by 2.0% in the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after purchasing an additional 12,755 shares in the last quarter. Finally, SteelPeak Wealth LLC grew its holdings in Honeywell International by 255.2% during the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after acquiring an additional 52,830 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

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.