Honeywell International Inc. (NASDAQ:HON) Shares Bought by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HONFree Report) by 98.7% in the 3rd quarter, Holdings Channel reports. The fund owned 1,228 shares of the conglomerate’s stock after acquiring an additional 610 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Honeywell International were worth $227,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HON. Ironwood Wealth Management LLC. grew its stake in shares of Honeywell International by 2.9% in the 1st quarter. Ironwood Wealth Management LLC. now owns 3,598 shares of the conglomerate’s stock valued at $700,000 after buying an additional 100 shares during the period. Fairfield Bush & CO. grew its stake in shares of Honeywell International by 5.4% in the 1st quarter. Fairfield Bush & CO. now owns 9,581 shares of the conglomerate’s stock valued at $1,864,000 after buying an additional 492 shares during the period. United Bank grew its stake in shares of Honeywell International by 25.0% in the 1st quarter. United Bank now owns 8,404 shares of the conglomerate’s stock valued at $1,635,000 after buying an additional 1,683 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Honeywell International by 31.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 780,906 shares of the conglomerate’s stock valued at $151,949,000 after buying an additional 187,936 shares during the period. Finally, AMI Investment Management Inc. grew its stake in shares of Honeywell International by 16.8% in the 1st quarter. AMI Investment Management Inc. now owns 1,149 shares of the conglomerate’s stock valued at $224,000 after buying an additional 165 shares during the period. Hedge funds and other institutional investors own 74.61% of the company’s stock.

Insiders Place Their Bets

In other Honeywell International news, Director Darius Adamczyk sold 41,000 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $191.72, for a total transaction of $7,860,520.00. Following the sale, the director now directly owns 180,453 shares in the company, valued at approximately $34,596,449.16. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.43% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on HON shares. Barclays increased their price target on shares of Honeywell International from $225.00 to $230.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. Royal Bank of Canada lowered their price objective on shares of Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. Wells Fargo & Company increased their price objective on shares of Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 19th. Finally, StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $217.00.

View Our Latest Stock Analysis on Honeywell International

Honeywell International Price Performance

Honeywell International stock opened at $197.35 on Tuesday. The firm has a market cap of $130.10 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 2.29 and a beta of 1.04. Honeywell International Inc. has a 52-week low of $174.88 and a 52-week high of $210.87. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 1.01. The company’s 50 day moving average is $201.64 and its two-hundred day moving average is $192.57.

Honeywell International (NASDAQ:HONGet Free Report) last released its earnings results on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.01. The company had revenue of $9.44 billion for the quarter, compared to analyst estimates of $9.70 billion. Honeywell International had a net margin of 15.43% and a return on equity of 35.17%. The firm’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.52 EPS. On average, research analysts expect that Honeywell International Inc. will post 9.98 EPS for the current fiscal year.

Honeywell International Profile

(Free Report)

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its 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 and management services.

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Institutional Ownership by Quarter for Honeywell International (NASDAQ:HON)

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