GAMMA Investing LLC Has $1.43 Million Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

GAMMA Investing LLC grew its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 10.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,319 shares of the conglomerate’s stock after purchasing an additional 616 shares during the quarter. GAMMA Investing LLC’s holdings in Honeywell International were worth $1,427,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. RIA Advisory Group LLC bought a new stake in Honeywell International in the third quarter valued at approximately $6,124,000. Copley Financial Group Inc. acquired a new stake in Honeywell International during the 3rd quarter valued at $454,000. EP Wealth Advisors LLC boosted its position in Honeywell International by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after purchasing an additional 14,271 shares during the period. Rockefeller Capital Management L.P. increased its holdings in shares of Honeywell International by 2.0% in the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after purchasing an additional 12,755 shares during the last quarter. Finally, SteelPeak Wealth LLC raised its position in shares of Honeywell International by 255.2% in the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after purchasing an additional 52,830 shares during the period. Institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Up 0.4 %

Shares of HON opened at $226.52 on Friday. The firm has a 50 day simple moving average of $224.64 and a two-hundred day simple moving average of $213.89. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The company has a market cap of $147.29 billion, a P/E ratio of 26.16, a P/E/G ratio of 2.85 and a beta of 1.06.

Analysts Set New Price Targets

Several analysts recently commented on HON shares. Wells Fargo & Company lifted their target price on shares of Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. reduced their price objective on Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a report on Friday, October 25th. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Jefferies Financial Group lifted their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $249.57.

Honeywell International Profile

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.