R Squared Ltd Invests $47,000 in Honeywell International Inc. (NASDAQ:HON)

R Squared Ltd purchased a new position in shares of Honeywell International Inc. (NASDAQ:HON) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 210 shares of the conglomerate’s stock, valued at approximately $47,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wellington Management Group LLP boosted its position in shares of Honeywell International by 8.4% during the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock worth $3,684,957,000 after purchasing an additional 1,376,479 shares during the period. International Assets Investment Management LLC boosted its position in shares of Honeywell International by 24,683.3% during the 3rd quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock worth $1,961,070,000 after purchasing an additional 944,876 shares during the period. Mizuho Securities USA LLC boosted its position in shares of Honeywell International by 1,147.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock worth $129,415,000 after purchasing an additional 575,865 shares during the period. Geode Capital Management LLC boosted its position in shares of Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock worth $2,959,535,000 after purchasing an additional 547,998 shares during the period. Finally, Nisa Investment Advisors LLC boosted its position in shares of Honeywell International by 146.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 565,876 shares of the conglomerate’s stock worth $127,826,000 after purchasing an additional 336,296 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.2 %

NASDAQ HON opened at $223.72 on Monday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The firm has a market cap of $145.47 billion, a PE ratio of 25.83, a P/E/G ratio of 2.54 and a beta of 1.06. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The firm’s fifty day moving average is $225.91 and its two-hundred day moving average is $215.12.

Analyst Ratings Changes

A number of research firms recently weighed in on HON. Barclays increased their price objective on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target for the company in a research report on Wednesday, December 11th. JPMorgan Chase & Co. decreased their price target on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Finally, Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price target for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $248.29.

About Honeywell International

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.