Capital Planning Advisors LLC Sells 1,671 Shares of Honeywell International Inc. (NASDAQ:HON)

Capital Planning Advisors LLC trimmed its position in Honeywell International Inc. (NASDAQ:HON) by 57.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,239 shares of the conglomerate’s stock after selling 1,671 shares during the period. Capital Planning Advisors LLC’s holdings in Honeywell International were worth $280,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International in the third quarter valued at approximately $25,000. Reston Wealth Management LLC purchased a new position in Honeywell International in the third quarter valued at approximately $29,000. Hoese & Co LLP purchased a new position in Honeywell International in the fourth quarter valued at approximately $30,000. Financial Avengers Inc. lifted its stake in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp lifted its stake in Honeywell International by 96.4% in the third 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 last quarter. 75.91% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Bank of America upped their price objective on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. UBS Group reissued a “buy” rating and set a $298.00 target price (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, The Goldman Sachs Group boosted their target price on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $248.29.

Honeywell International Stock Up 0.5 %

HON opened at $224.15 on Thursday. The stock has a market cap of $145.75 billion, a PE ratio of 25.85, a P/E/G ratio of 2.58 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The business’s fifty day simple moving average is $226.63 and its 200 day simple moving average is $214.69.

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.