Kingswood Wealth Advisors LLC Acquires 3,967 Shares of Honeywell International Inc. (NASDAQ:HON)

Kingswood Wealth Advisors LLC raised its stake in Honeywell International Inc. (NASDAQ:HON) by 21.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,181 shares of the conglomerate’s stock after buying an additional 3,967 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Honeywell International were worth $5,010,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. PFG Investments LLC increased its holdings in Honeywell International by 1.8% during the 4th quarter. PFG Investments LLC now owns 11,020 shares of the conglomerate’s stock worth $2,489,000 after purchasing an additional 193 shares during the period. Tennessee Valley Asset Management Partners bought a new position in shares of Honeywell International during the 4th quarter worth $981,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in shares of Honeywell International by 10.6% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 9,682 shares of the conglomerate’s stock valued at $2,187,000 after buying an additional 924 shares during the period. High Net Worth Advisory Group LLC raised its holdings in shares of Honeywell International by 5.4% in the fourth quarter. High Net Worth Advisory Group LLC now owns 1,360 shares of the conglomerate’s stock valued at $307,000 after acquiring an additional 70 shares in the last quarter. Finally, Clarendon Private LLC purchased a new stake in Honeywell International in the fourth quarter worth about $318,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on HON shares. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. UBS Group reissued a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. StockNews.com cut Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Jefferies Financial Group boosted their price target on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Finally, Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and cut their target price for the company from $223.00 to $217.00 in a research note on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $248.29.

Honeywell International Price Performance

NASDAQ HON opened at $221.51 on Monday. The stock’s fifty day moving average price is $226.38 and its 200 day moving average price is $214.86. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. 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 company has a market cap of $144.04 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 2.56 and a beta of 1.06.

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.