Transform Wealth LLC Buys 5,103 Shares of Honeywell International Inc. (NASDAQ:HON)

Transform Wealth LLC boosted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 8.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 64,461 shares of the conglomerate’s stock after acquiring an additional 5,103 shares during the period. Transform Wealth LLC’s holdings in Honeywell International were worth $14,561,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Frank Rimerman Advisors LLC boosted its stake in shares of Honeywell International by 11,200.0% in the second quarter. Frank Rimerman Advisors LLC now owns 6,102 shares of the conglomerate’s stock worth $1,303,000 after acquiring an additional 6,048 shares during the period. Mount Yale Investment Advisors LLC lifted its holdings in Honeywell International by 264.7% in the 2nd quarter. Mount Yale Investment Advisors LLC now owns 4,672 shares of the conglomerate’s stock worth $998,000 after purchasing an additional 3,391 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Honeywell International by 30.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,190 shares of the conglomerate’s stock worth $653,000 after purchasing an additional 742 shares during the period. DRW Securities LLC purchased a new stake in Honeywell International during the 2nd quarter valued at approximately $874,000. Finally, J. Stern & Co. LLP lifted its holdings in shares of Honeywell International by 13.3% in the second quarter. J. Stern & Co. LLP now owns 198,155 shares of the conglomerate’s stock worth $42,314,000 after buying an additional 23,209 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HON. UBS Group reaffirmed a “buy” rating and set a $298.00 target price (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Royal Bank of Canada restated a “sector perform” rating and set a $253.00 price objective on shares of Honeywell International in a research report on Tuesday, December 3rd. Jefferies Financial Group increased their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Eleven 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. Based on data from MarketBeat, Honeywell International currently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Price Performance

Shares of HON stock opened at $222.58 on Tuesday. The stock has a 50 day moving average price of $227.00 and a 200 day moving average price of $214.54. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The firm has a market capitalization of $144.73 billion, a P/E ratio of 25.70, a P/E/G ratio of 2.55 and a beta of 1.06.

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.