Daymark Wealth Partners LLC Cuts Stake in Honeywell International Inc. (NASDAQ:HON)

Daymark Wealth Partners LLC lessened its holdings in Honeywell International Inc. (NASDAQ:HON) by 0.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 131,258 shares of the conglomerate’s stock after selling 404 shares during the quarter. Honeywell International accounts for 1.0% of Daymark Wealth Partners LLC’s investment portfolio, making the stock its 22nd biggest position. Daymark Wealth Partners LLC’s holdings in Honeywell International were worth $29,650,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in HON. Teachers Insurance & Annuity Association of America bought a new position in shares of Honeywell International in the third quarter worth approximately $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International in the third quarter valued at about $29,000. Hoese & Co LLP bought a new position in shares of Honeywell International during the fourth quarter valued at about $30,000. Financial Avengers Inc. boosted its holdings in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp increased its holdings in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the period. 75.91% of the stock is owned by institutional investors.

Honeywell International Stock Up 1.1 %

Shares of NASDAQ:HON opened at $225.07 on Wednesday. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The stock has a market capitalization of $146.35 billion, a price-to-earnings ratio of 25.99, a PEG ratio of 2.55 and a beta of 1.06. The stock has a fifty day simple moving average of $226.83 and a two-hundred day simple moving average of $214.63. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HON. StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Citigroup dropped their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Honeywell International 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.