Barclays Increases Honeywell International (NASDAQ:HON) Price Target to $252.00

Honeywell International (NASDAQ:HON) had its price target increased by investment analysts at Barclays from $229.00 to $252.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the conglomerate’s stock. Barclays‘s price target suggests a potential upside of 9.25% from the company’s current price.

Other equities analysts have also issued research reports about the company. Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Wolfe Research cut shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Royal Bank of Canada increased their price target on Honeywell International from $213.00 to $253.00 and gave the company a “sector perform” rating in a research note on Wednesday. Finally, Wells Fargo & Company lifted their price objective on Honeywell International from $207.00 to $215.00 and gave the stock an “equal weight” rating in a research note on Friday, October 25th. Nine investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $241.45.

Honeywell International Trading Down 1.0 %

Shares of HON opened at $230.67 on Wednesday. The stock has a fifty day moving average price of $210.22 and a two-hundred day moving average price of $207.34. 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 company has a market cap of $149.99 billion, a price-to-earnings ratio of 26.64, a PEG ratio of 2.78 and a beta of 1.03. Honeywell International has a 52-week low of $188.78 and a 52-week high of $242.77.

Institutional Trading of Honeywell International

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Ascent Group LLC increased its position in Honeywell International by 83.4% during the 3rd quarter. Ascent Group LLC now owns 17,203 shares of the conglomerate’s stock worth $3,556,000 after buying an additional 7,822 shares during the period. Benjamin Edwards Inc. grew its stake in shares of Honeywell International by 1,182.1% in the third quarter. Benjamin Edwards Inc. now owns 22,296 shares of the conglomerate’s stock valued at $4,609,000 after acquiring an additional 20,557 shares in the last quarter. FSA Wealth Management LLC bought a new position in Honeywell International during the third quarter worth about $216,000. B&L Asset Management LLC bought a new stake in Honeywell International in the 3rd quarter valued at about $1,740,000. Finally, Cobblestone Capital Advisors LLC NY grew its position in shares of Honeywell International by 3.1% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 6,020 shares of the conglomerate’s stock worth $1,244,000 after purchasing an additional 179 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Honeywell International Company 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.