Aspiriant LLC Acquires 392 Shares of Honeywell International Inc. (NASDAQ:HON)

Aspiriant LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON) by 18.5% in the 4th quarter, HoldingsChannel reports. The firm owned 2,510 shares of the conglomerate’s stock after purchasing an additional 392 shares during the quarter. Aspiriant LLC’s holdings in Honeywell International were worth $567,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Royal Fund Management LLC boosted its position in Honeywell International by 168.8% in the 4th quarter. Royal Fund Management LLC now owns 6,075 shares of the conglomerate’s stock valued at $1,372,000 after buying an additional 3,815 shares during the last quarter. Ballentine Partners LLC boosted its holdings in Honeywell International by 3.3% in the fourth quarter. Ballentine Partners LLC now owns 23,593 shares of the conglomerate’s stock valued at $5,329,000 after acquiring an additional 756 shares during the last quarter. ZWJ Investment Counsel Inc. increased its position in Honeywell International by 3.4% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock worth $327,000 after purchasing an additional 47 shares during the period. Pure Financial Advisors LLC raised its holdings in Honeywell International by 15.1% during the 4th quarter. Pure Financial Advisors LLC now owns 6,517 shares of the conglomerate’s stock worth $1,472,000 after purchasing an additional 853 shares during the last quarter. Finally, New Hampshire Trust lifted its position in Honeywell International by 1.2% during the 4th quarter. New Hampshire Trust now owns 15,086 shares of the conglomerate’s stock valued at $3,408,000 after purchasing an additional 179 shares during the period. 75.91% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on HON shares. UBS Group reissued a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Barclays increased 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, January 17th. Finally, Jefferies Financial Group boosted their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Price Performance

HON stock opened at $225.07 on Wednesday. The stock has a market cap of $146.35 billion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. The stock has a 50-day moving average price of $227.00 and a two-hundred day moving average price of $214.54. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. 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 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.