Hoese & Co LLP Buys Shares of 131 Honeywell International Inc. (NASDAQ:HON)

Hoese & Co LLP purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 131 shares of the conglomerate’s stock, valued at approximately $30,000.

Several other institutional investors have also recently made changes to their positions in HON. Absher Wealth Management LLC increased its position in Honeywell International by 2.5% during the third quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock worth $413,000 after buying an additional 49 shares in the last quarter. ZRC Wealth Management LLC boosted its stake in shares of Honeywell International by 11.6% during the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock valued at $99,000 after acquiring an additional 50 shares during the last quarter. CFM Wealth Partners LLC increased its position in Honeywell International by 4.0% during the 3rd quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock worth $264,000 after purchasing an additional 50 shares in the last quarter. Jacobsen Capital Management raised its stake in Honeywell International by 5.2% in the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock valued at $209,000 after purchasing an additional 50 shares during the last quarter. Finally, Mengis Capital Management Inc. boosted its stake in shares of Honeywell International by 0.4% during the 3rd quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate’s stock worth $2,517,000 after purchasing an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $222.58 on Tuesday. The firm’s fifty day simple moving average is $227.06 and its 200 day simple moving average is $214.47. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The firm has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Royal Bank of Canada reissued a “sector perform” rating and set a $253.00 price target on shares of Honeywell International in a research note on Tuesday, December 3rd. Barclays upped their target price on Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Finally, Citigroup dropped their price objective on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Honeywell International currently has an average rating of “Hold” and an average price target of $248.29.

Honeywell International 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.