Abound Wealth Management Sells 64 Shares of Honeywell International Inc. (NASDAQ:HON)

Abound Wealth Management trimmed its position in shares of Honeywell International Inc. (NASDAQ:HON) by 24.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 200 shares of the conglomerate’s stock after selling 64 shares during the period. Abound Wealth Management’s holdings in Honeywell International were worth $45,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new stake in shares of Honeywell International in the third quarter valued at approximately $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International in the 3rd quarter worth $29,000. Financial Avengers Inc. raised its position in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares during the last quarter. Planning Capital Management Corp lifted its stake in shares of 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 buying an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP acquired a new stake in Honeywell International during the third quarter worth about $41,000. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Trading Up 0.6 %

HON traded up $1.22 during mid-day trading on Monday, reaching $219.41. The stock had a trading volume of 3,685,686 shares, compared to its average volume of 3,115,330. The stock has a market capitalization of $142.67 billion, a P/E ratio of 25.34, a P/E/G ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The firm’s fifty day simple moving average is $226.40 and its two-hundred day simple moving average is $214.20.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research report on Wednesday, December 11th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Citigroup lowered their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research note on Monday. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a report on Tuesday, December 3rd. Eleven research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $248.07.

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.