Honeywell International Inc. $HON Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund trimmed its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 7.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 786,903 shares of the conglomerate’s stock after selling 62,900 shares during the quarter. New York State Common Retirement Fund owned 0.12% of Honeywell International worth $165,643,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Chung Wu Investment Group LLC purchased a new stake in shares of Honeywell International during the second quarter worth approximately $26,000. Barnes Dennig Private Wealth Management LLC grew its holdings in Honeywell International by 491.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 142 shares of the conglomerate’s stock worth $30,000 after acquiring an additional 118 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Honeywell International in the 2nd quarter valued at approximately $33,000. Activest Wealth Management increased its position in shares of Honeywell International by 425.9% in the 2nd quarter. Activest Wealth Management now owns 142 shares of the conglomerate’s stock valued at $33,000 after purchasing an additional 115 shares during the last quarter. Finally, Howard Hughes Medical Institute acquired a new stake in shares of Honeywell International in the 2nd quarter valued at $33,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on HON shares. Robert W. Baird lowered their target price on shares of Honeywell International from $250.00 to $220.00 and set a “neutral” rating for the company in a research note on Monday, October 13th. Mizuho lowered their price objective on Honeywell International from $250.00 to $240.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Wall Street Zen raised Honeywell International to a “hold” rating in a research report on Saturday, January 3rd. Wells Fargo & Company lowered their price target on Honeywell International from $218.00 to $215.00 and set an “equal weight” rating for the company in a report on Wednesday, January 7th. Finally, HSBC cut their price objective on shares of Honeywell International from $290.00 to $266.00 and set a “buy” rating on the stock in a report on Tuesday, November 11th. Eleven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $237.67.

Honeywell International Stock Down 1.9%

HON stock opened at $216.64 on Thursday. The company has a current ratio of 1.36, a quick ratio of 1.04 and a debt-to-equity ratio of 1.70. The company’s 50-day moving average price is $200.95 and its 200 day moving average price is $208.99. Honeywell International Inc. has a 52 week low of $169.21 and a 52 week high of $228.04. The company has a market cap of $137.54 billion, a P/E ratio of 22.83, a P/E/G ratio of 2.62 and a beta of 0.95.

Honeywell International Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.