Peddock Capital Advisors LLC Makes New $79,000 Investment in Honeywell International Inc. (NYSE:HON)

Peddock Capital Advisors LLC purchased a new position in shares of Honeywell International Inc. (NYSE:HON) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 445 shares of the conglomerate’s stock, valued at approximately $79,000.

Other institutional investors have also recently added to or reduced their stakes in the company. EP Wealth Advisors LLC increased its stake in shares of Honeywell International by 1.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 125,089 shares of the conglomerate’s stock valued at $21,165,000 after acquiring an additional 1,598 shares in the last quarter. First Hawaiian Bank increased its stake in shares of Honeywell International by 3.9% in the 3rd quarter. First Hawaiian Bank now owns 17,533 shares of the conglomerate’s stock valued at $2,967,000 after acquiring an additional 654 shares in the last quarter. IHT Wealth Management LLC increased its stake in shares of Honeywell International by 11.1% in the 3rd quarter. IHT Wealth Management LLC now owns 21,310 shares of the conglomerate’s stock valued at $3,607,000 after acquiring an additional 2,137 shares in the last quarter. Parametric Portfolio Associates LLC increased its stake in shares of Honeywell International by 0.8% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 2,572,109 shares of the conglomerate’s stock valued at $435,201,000 after acquiring an additional 21,401 shares in the last quarter. Finally, CWM LLC increased its stake in shares of Honeywell International by 40.8% in the 3rd quarter. CWM LLC now owns 87,379 shares of the conglomerate’s stock valued at $14,785,000 after acquiring an additional 25,301 shares in the last quarter. Hedge funds and other institutional investors own 75.68% of the company’s stock.

Shares of HON traded down $2.20 during midday trading on Friday, hitting $177.38. 69,442 shares of the company traded hands, compared to its average volume of 1,993,571. The stock has a 50-day moving average of $177.93 and a 200-day moving average of $172.14. Honeywell International Inc. has a one year low of $138.87 and a one year high of $184.06. The firm has a market cap of $128.65 billion, a P/E ratio of 20.73, a PEG ratio of 2.21 and a beta of 1.09. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.32 and a quick ratio of 1.08.

Several research firms have recently weighed in on HON. Morgan Stanley lowered their price objective on shares of Honeywell International from $190.00 to $186.00 and set an “overweight” rating for the company in a research note on Tuesday, January 14th. Cowen set a $180.00 price objective on shares of Honeywell International and gave the company a “buy” rating in a research note on Friday, October 18th. Royal Bank of Canada reiterated a “buy” rating and issued a $191.00 price objective on shares of Honeywell International in a research note on Wednesday, December 18th. Deutsche Bank lifted their price target on shares of Honeywell International from $189.00 to $199.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Finally, 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. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Honeywell International has an average rating of “Buy” and a consensus price target 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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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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