Signature Estate & Investment Advisors LLC lowered its holdings in shares of Honeywell International Inc. (NYSE:HON) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 157,892 shares of the conglomerate’s stock after selling 14,696 shares during the quarter. Honeywell International accounts for 1.8% of Signature Estate & Investment Advisors LLC’s portfolio, making the stock its 16th biggest holding. Signature Estate & Investment Advisors LLC’s holdings in Honeywell International were worth $33,584,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Crewe Advisors LLC boosted its position in shares of Honeywell International by 73.0% during the third quarter. Crewe Advisors LLC now owns 173 shares of the conglomerate’s stock worth $28,000 after buying an additional 73 shares during the period. Catalyst Private Wealth LLC purchased a new position in Honeywell International in the third quarter valued at $29,000. Rockbridge Investment Management LCC purchased a new position in Honeywell International in the second quarter valued at $33,000. Evolution Wealth Advisors LLC boosted its holdings in Honeywell International by 98.0% in the third quarter. Evolution Wealth Advisors LLC now owns 198 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 98 shares during the period. Finally, Chiron Capital Management LLC purchased a new position in Honeywell International in the third quarter valued at $33,000. Institutional investors own 68.41% of the company’s stock.

A number of research firms recently issued reports on HON. Credit Suisse Group lifted their target price on Honeywell International from $182.00 to $225.00 and gave the company an “outperform” rating in a report on Wednesday, December 23rd. Barclays raised their price target on Honeywell International from $180.00 to $225.00 and gave the company an “overweight” rating in a research note on Monday, November 30th. Morgan Stanley raised their price target on Honeywell International from $178.00 to $219.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 15th. Argus raised their price target on Honeywell International from $185.00 to $195.00 and gave the company a “buy” rating in a research note on Wednesday, November 4th. Finally, Robert W. Baird raised their price target on Honeywell International from $167.00 to $221.00 and gave the company an “outperform” rating in a research note on Tuesday, November 24th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $183.06.

In related news, major shareholder Honeywell International Inc purchased 44,600 shares of the company’s stock in a transaction that occurred on Monday, October 26th. The shares were purchased at an average price of $3.39 per share, for a total transaction of $151,194.00. Following the transaction, the insider now directly owns 97,200 shares of the company’s stock, valued at approximately $329,508. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Rajeev Gautam sold 29,606 shares of the business’s stock in a transaction dated Thursday, November 5th. The shares were sold at an average price of $182.35, for a total value of $5,398,654.10. The disclosure for this sale can be found here. Insiders purchased a total of 792,949 shares of company stock worth $3,067,475 in the last 90 days. 0.64% of the stock is currently owned by insiders.

Shares of HON traded down $1.86 during midday trading on Wednesday, reaching $207.02. 2,086,117 shares of the stock were exchanged, compared to its average volume of 2,513,665. The business’s 50-day moving average price is $210.42 and its 200 day moving average price is $176.57. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.64 and a quick ratio of 1.37. Honeywell International Inc. has a twelve month low of $101.08 and a twelve month high of $216.70. The company has a market capitalization of $145.26 billion, a price-to-earnings ratio of 29.65, a PEG ratio of 3.96 and a beta of 1.13.

Honeywell International (NYSE:HON) last posted its earnings results on Friday, October 30th. The conglomerate reported $1.56 EPS for the quarter, topping the Zacks’ consensus estimate of $1.49 by $0.07. Honeywell International had a return on equity of 27.69% and a net margin of 14.99%. The business had revenue of $7.80 billion for the quarter, compared to analysts’ expectations of $7.65 billion. During the same quarter in the previous year, the firm earned $2.08 earnings per share. The business’s revenue was down 14.2% compared to the same quarter last year. As a group, equities research analysts expect that Honeywell International Inc. will post 7.03 earnings per share for the current fiscal year.

About Honeywell International

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. The 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; thermal systems; and connected solutions and data services for the aftermarket, as well as wireless connectivity, and management and technical services.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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