Honeywell International Inc. (NASDAQ:HON) Shares Sold by Empirical Finance LLC

Empirical Finance LLC decreased its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,726 shares of the conglomerate’s stock after selling 333 shares during the period. Empirical Finance LLC’s holdings in Honeywell International were worth $5,134,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of HON. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International in the 3rd quarter valued at about $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International in the 3rd quarter valued at about $29,000. Hoese & Co LLP acquired a new stake in Honeywell International in the 4th quarter valued at about $30,000. Financial Avengers Inc. raised its holdings in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp raised its holdings in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares during the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Performance

NASDAQ:HON opened at $205.52 on Friday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.12 and a current ratio of 1.31. Honeywell International Inc. has a fifty-two week low of $189.75 and a fifty-two week high of $242.77. The stock has a market capitalization of $133.64 billion, a P/E ratio of 23.60, a PEG ratio of 2.55 and a beta of 1.05. The company has a 50 day moving average price of $224.52 and a 200 day moving average price of $215.11.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings results on Thursday, February 6th. The conglomerate reported $2.47 EPS for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a net margin of 14.82% and a return on equity of 35.78%. Equities research analysts forecast that Honeywell International Inc. will post 10.3 EPS for the current year.

Analyst Upgrades and Downgrades

HON has been the subject of a number of recent analyst reports. Barclays raised their price target on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. StockNews.com downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. The Goldman Sachs Group raised their price target on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Wells Fargo & Company cut their price target on shares of Honeywell International from $240.00 to $220.00 and set an “equal weight” rating for the company in a report on Friday. Finally, Citigroup cut their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a report on Monday, January 13th. Ten research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $248.86.

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.