Strs Ohio Reduces Position in Honeywell International Inc. (NYSE:HON)

Strs Ohio decreased its position in shares of Honeywell International Inc. (NYSE:HON) by 32.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 503,057 shares of the conglomerate’s stock after selling 244,236 shares during the quarter. Strs Ohio’s holdings in Honeywell International were worth $89,041,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Glassman Wealth Services grew its holdings in Honeywell International by 27.0% during the third quarter. Glassman Wealth Services now owns 282 shares of the conglomerate’s stock worth $48,000 after acquiring an additional 60 shares during the period. Wealthquest Corp grew its holdings in shares of Honeywell International by 1.2% in the 3rd quarter. Wealthquest Corp now owns 5,203 shares of the conglomerate’s stock worth $880,000 after acquiring an additional 61 shares during the period. Integrated Wealth Concepts LLC increased its stake in Honeywell International by 2.1% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 3,090 shares of the conglomerate’s stock valued at $523,000 after purchasing an additional 64 shares in the last quarter. Nicolet Bankshares Inc. increased its stake in Honeywell International by 1.1% in the 3rd quarter. Nicolet Bankshares Inc. now owns 6,025 shares of the conglomerate’s stock valued at $1,019,000 after purchasing an additional 65 shares in the last quarter. Finally, Marble Harbor Investment Counsel LLC increased its stake in Honeywell International by 2.9% in the 3rd quarter. Marble Harbor Investment Counsel LLC now owns 2,380 shares of the conglomerate’s stock valued at $403,000 after purchasing an additional 66 shares in the last quarter. 75.68% of the stock is currently owned by institutional investors.

Honeywell International stock traded down $2.72 during mid-day trading on Friday, hitting $176.86. 1,372,110 shares of the company were exchanged, compared to its average volume of 1,993,571. Honeywell International Inc. has a 12-month low of $138.87 and a 12-month high of $184.06. The company has a market capitalization of $128.65 billion, a P/E ratio of 20.66, a PEG ratio of 2.21 and a beta of 1.09. The business’s 50 day simple moving average is $177.93 and its two-hundred day simple moving average is $172.14. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.32 and a quick ratio of 1.08.

HON has been the topic of a number of research analyst reports. Credit Suisse Group upgraded Honeywell International from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Zacks Investment Research upgraded 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. UBS Group started coverage on Honeywell International in a research note on Thursday, December 12th. They set a “neutral” rating and a $192.00 price target for the company. Cowen set a $180.00 price objective on shares of Honeywell International and gave the stock a “buy” rating in a research report on Friday, October 18th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Honeywell International from $184.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, January 15th. Three equities research 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 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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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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