Honeywell International Inc. (NASDAQ:HON) Position Boosted by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 11.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,957 shares of the conglomerate’s stock after buying an additional 700 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Honeywell International were worth $1,572,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Sunbelt Securities Inc. increased its position in Honeywell International by 2.4% during the second quarter. Sunbelt Securities Inc. now owns 6,122 shares of the conglomerate’s stock worth $1,307,000 after buying an additional 144 shares during the last quarter. Quarry LP lifted its position in Honeywell International by 906.0% during the 2nd quarter. Quarry LP now owns 674 shares of the conglomerate’s stock worth $144,000 after acquiring an additional 607 shares during the last quarter. Next Capital Management LLC boosted its holdings in Honeywell International by 10.9% during the second quarter. Next Capital Management LLC now owns 1,188 shares of the conglomerate’s stock valued at $254,000 after acquiring an additional 117 shares during the period. Regency Capital Management Inc. DE bought a new position in Honeywell International in the 2nd quarter worth approximately $3,764,000. Finally, 3Chopt Investment Partners LLC acquired a new stake in shares of Honeywell International in the second quarter worth $628,000. Institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

NASDAQ:HON opened at $220.70 on Wednesday. The stock has a market capitalization of $143.51 billion, a PE ratio of 25.49, a P/E/G ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The firm has a fifty day simple moving average of $226.32 and a 200 day simple moving average of $214.94. 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

HON has been the subject of a number of recent research reports. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and cut their target price for the company from $223.00 to $217.00 in a research note on Friday, October 25th. UBS Group reissued a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. The Goldman Sachs Group boosted their price target on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Jefferies Financial Group raised their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Finally, Barclays boosted their price objective on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. Eleven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus 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.