Honeywell International Inc. (NASDAQ:HON) Shares Purchased by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. grew its position in shares of Honeywell International Inc. (NASDAQ:HON) by 28.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,582 shares of the conglomerate’s stock after acquiring an additional 2,342 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in Honeywell International were worth $2,390,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Teachers Insurance & Annuity Association of America purchased a new position in Honeywell International in the third quarter valued at approximately $25,000. Reston Wealth Management LLC purchased a new position in shares of Honeywell International in the 3rd quarter valued at $29,000. Hoese & Co LLP acquired a new position in shares of Honeywell International during the 4th quarter valued at $30,000. Financial Avengers Inc. boosted its position in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp raised its position in 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 purchasing an additional 81 shares during the period. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on HON shares. Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Citigroup reduced 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 report on Monday, January 13th. Wells Fargo & Company lowered their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Barclays boosted their price objective 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. Finally, UBS Group reiterated a “buy” rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $248.29.

Honeywell International Stock Down 0.2 %

Shares of NASDAQ:HON opened at $223.72 on Friday. The company’s fifty day moving average is $225.91 and its two-hundred day moving average is $215.14. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. The stock has a market capitalization of $145.47 billion, a price-to-earnings ratio of 25.83, a price-to-earnings-growth ratio of 2.54 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.