Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Telos Capital Management Inc.

Telos Capital Management Inc. raised its position in shares of Honeywell International Inc. (NASDAQ:HON) by 2,478.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,774 shares of the conglomerate’s stock after buying an additional 37,270 shares during the quarter. Telos Capital Management Inc.’s holdings in Honeywell International were worth $8,759,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Axiom Advisory LLC acquired a new stake in Honeywell International during the third quarter worth about $233,000. Brookstone Capital Management grew its holdings in shares of Honeywell International by 5.3% during the third quarter. Brookstone Capital Management now owns 54,921 shares of the conglomerate’s stock valued at $11,353,000 after purchasing an additional 2,773 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of Honeywell International in the 3rd quarter worth approximately $103,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in Honeywell International by 29.5% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 5,749 shares of the conglomerate’s stock valued at $1,189,000 after purchasing an additional 1,309 shares during the period. Finally, CWM LLC increased its position in Honeywell International by 3.4% in the third quarter. CWM LLC now owns 42,031 shares of the conglomerate’s stock worth $8,688,000 after buying an additional 1,373 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of HON opened at $209.82 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The firm’s 50 day moving average is $225.46 and its 200-day moving average is $215.23. Honeywell International Inc. has a 12-month low of $189.75 and a 12-month high of $242.77. The stock has a market capitalization of $136.44 billion, a P/E ratio of 24.23, a P/E/G ratio of 2.57 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last posted its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 15.02% and a return on equity of 37.77%. Equities research analysts anticipate that Honeywell International Inc. will post 9.78 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Royal Bank of Canada restated a “sector perform” rating and set a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. Barclays raised their price target on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. The Goldman Sachs Group boosted their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, StockNews.com lowered Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Eleven equities 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. According to data from MarketBeat.com, Honeywell International 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.