Murphy Middleton Hinkle & Parker Inc. Sells 488 Shares of Honeywell International Inc. (NASDAQ:HON)

Murphy Middleton Hinkle & Parker Inc. reduced its position in Honeywell International Inc. (NASDAQ:HON) by 6.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,087 shares of the conglomerate’s stock after selling 488 shares during the quarter. Murphy Middleton Hinkle & Parker Inc.’s holdings in Honeywell International were worth $1,601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of HON. Benjamin F. Edwards & Company Inc. raised its stake in Honeywell International by 17.0% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 18,773 shares of the conglomerate’s stock valued at $4,009,000 after purchasing an additional 2,734 shares during the period. Callan Capital LLC grew its holdings in Honeywell International by 6.4% during the 2nd quarter. Callan Capital LLC now owns 2,218 shares of the conglomerate’s stock valued at $474,000 after buying an additional 134 shares in the last quarter. AE Wealth Management LLC raised its position in shares of Honeywell International by 16.4% during the second quarter. AE Wealth Management LLC now owns 88,985 shares of the conglomerate’s stock valued at $19,002,000 after buying an additional 12,530 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Honeywell International by 12.3% in the second quarter. Sei Investments Co. now owns 407,956 shares of the conglomerate’s stock worth $87,114,000 after buying an additional 44,644 shares in the last quarter. Finally, Capstone Triton Financial Group LLC boosted its position in shares of Honeywell International by 15.3% during the second quarter. Capstone Triton Financial Group LLC now owns 3,309 shares of the conglomerate’s stock worth $707,000 after acquiring an additional 439 shares during the last quarter. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HON has been the topic of several research analyst reports. Barclays boosted their price target on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday. UBS Group reissued a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Wells Fargo & Company reduced their price objective on Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, Citigroup decreased their price target 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, January 13th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Honeywell International presently has an average rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Performance

Honeywell International stock opened at $222.58 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 has a market capitalization of $144.73 billion, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 2.40 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 company’s 50-day moving average is $227.06 and its 200 day moving average is $214.44.

About Honeywell International

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.