Miles Capital Inc. lowered its holdings in Honeywell International Inc. (NYSE:HON) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,233 shares of the conglomerate’s stock after selling 228 shares during the quarter. Honeywell International accounts for 1.0% of Miles Capital Inc.’s holdings, making the stock its 19th largest holding. Miles Capital Inc.’s holdings in Honeywell International were worth $1,280,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. EP Wealth Advisors LLC boosted its position in shares of Honeywell International by 1.3% during the 3rd quarter. EP Wealth Advisors LLC now owns 125,089 shares of the conglomerate’s stock worth $21,165,000 after purchasing an additional 1,598 shares during the period. First Hawaiian Bank boosted its stake in shares of Honeywell International by 3.9% in the third quarter. First Hawaiian Bank now owns 17,533 shares of the conglomerate’s stock valued at $2,967,000 after purchasing an additional 654 shares during the period. IHT Wealth Management LLC boosted its stake in shares of Honeywell International by 11.1% in the third quarter. IHT Wealth Management LLC now owns 21,310 shares of the conglomerate’s stock valued at $3,607,000 after purchasing an additional 2,137 shares during the period. Parametric Portfolio Associates LLC boosted its stake in shares of Honeywell International by 0.8% in the third quarter. Parametric Portfolio Associates LLC now owns 2,572,109 shares of the conglomerate’s stock valued at $435,201,000 after purchasing an additional 21,401 shares during the period. Finally, CWM LLC grew its holdings in shares of Honeywell International by 40.8% in the third quarter. CWM LLC now owns 87,379 shares of the conglomerate’s stock valued at $14,785,000 after purchasing an additional 25,301 shares in the last quarter. 75.68% of the stock is currently owned by institutional investors and hedge funds.
Honeywell International stock traded down $0.46 during trading on Tuesday, reaching $182.77. The stock had a trading volume of 330,988 shares, compared to its average volume of 1,950,219. Honeywell International Inc. has a 52-week low of $138.70 and a 52-week high of $184.06. The business has a 50 day moving average price of $177.55 and a 200 day moving average price of $172.10. The company has a quick ratio of 1.08, a current ratio of 1.32 and a debt-to-equity ratio of 0.61. The stock has a market cap of $130.92 billion, a PE ratio of 21.35, a P/E/G ratio of 2.26 and a beta of 1.09.
A number of research firms have issued reports on HON. Cowen set a $180.00 target price on shares of Honeywell International and gave the stock a “buy” rating in a report on Friday, October 18th. Zacks Investment Research raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $190.00 price target for the company in a research report on Friday, January 3rd. Royal Bank of Canada restated a “buy” rating and issued a $191.00 price target on shares of Honeywell International in a research note on Wednesday, December 18th. Deutsche Bank upped their price objective on Honeywell International from $189.00 to $199.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Finally, Morgan Stanley reduced their price objective on Honeywell International from $190.00 to $186.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 14th. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $191.42.
Honeywell International Company Profile
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.
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