Honeywell International Inc. (NASDAQ:HON) Holdings Boosted by First Fiduciary Investment Counsel Inc.

First Fiduciary Investment Counsel Inc. grew its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,633 shares of the conglomerate’s stock after acquiring an additional 868 shares during the period. Honeywell International comprises about 3.9% of First Fiduciary Investment Counsel Inc.’s investment portfolio, making the stock its 6th biggest position. First Fiduciary Investment Counsel Inc.’s holdings in Honeywell International were worth $19,118,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in HON. Exchange Traded Concepts LLC lifted its position in shares of Honeywell International by 112.1% in the third quarter. Exchange Traded Concepts LLC now owns 4,711 shares of the conglomerate’s stock worth $974,000 after buying an additional 2,490 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in Honeywell International by 9.4% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,067 shares of the conglomerate’s stock worth $1,254,000 after acquiring an additional 523 shares during the last quarter. Paladin Wealth LLC bought a new stake in Honeywell International during the third quarter worth approximately $150,000. Procyon Advisors LLC increased its stake in Honeywell International by 0.7% during the third quarter. Procyon Advisors LLC now owns 13,425 shares of the conglomerate’s stock worth $2,776,000 after acquiring an additional 91 shares during the last quarter. Finally, Stablepoint Partners LLC increased its stake in Honeywell International by 10.5% during the third quarter. Stablepoint Partners LLC now owns 1,814 shares of the conglomerate’s stock worth $375,000 after acquiring an additional 172 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

Shares of HON opened at $208.52 on Tuesday. Honeywell International Inc. has a 12 month low of $189.75 and a 12 month high of $242.77. The stock has a fifty day moving average price of $224.52 and a 200-day moving average price of $215.11. The company has a current ratio of 1.31, a quick ratio of 1.12 and a debt-to-equity ratio of 1.33. The firm has a market cap of $135.59 billion, a PE ratio of 23.94, a P/E/G ratio of 2.55 and a beta of 1.05.

Honeywell International (NASDAQ:HON) last released its earnings results on Thursday, February 6th. The conglomerate reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.37 by $0.10. Honeywell International had a return on equity of 35.78% and a net margin of 14.82%. Equities research analysts predict that Honeywell International Inc. will post 10.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on HON shares. Robert W. Baird cut 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. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. 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 report on Wednesday, November 13th. Finally, Hsbc Global Res upgraded Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Ten equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $248.21.

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.