Legacy Wealth Management LLC MS Sells 900 Shares of Honeywell International Inc. (NASDAQ:HON)

Legacy Wealth Management LLC MS trimmed its holdings in Honeywell International Inc. (NASDAQ:HON) by 5.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,421 shares of the conglomerate’s stock after selling 900 shares during the quarter. Honeywell International comprises about 1.5% of Legacy Wealth Management LLC MS’s investment portfolio, making the stock its 16th biggest holding. Legacy Wealth Management LLC MS’s holdings in Honeywell International were worth $3,709,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Private Advisor Group LLC raised its holdings in Honeywell International by 13.1% in the second quarter. Private Advisor Group LLC now owns 87,781 shares of the conglomerate’s stock worth $18,745,000 after buying an additional 10,150 shares during the last quarter. Lake Street Advisors Group LLC lifted its position in Honeywell International by 1.6% in the 2nd quarter. Lake Street Advisors Group LLC now owns 7,316 shares of the conglomerate’s stock valued at $1,562,000 after acquiring an additional 114 shares in the last quarter. Los Angeles Capital Management LLC boosted its stake in Honeywell International by 13.9% during the 2nd quarter. Los Angeles Capital Management LLC now owns 23,463 shares of the conglomerate’s stock valued at $5,010,000 after purchasing an additional 2,869 shares during the last quarter. Norden Group LLC raised its position in Honeywell International by 14.8% in the 2nd quarter. Norden Group LLC now owns 2,475 shares of the conglomerate’s stock worth $529,000 after buying an additional 319 shares during the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in Honeywell International during the 2nd quarter worth approximately $330,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

HON stock traded up $0.06 during trading on Monday, hitting $226.58. 400,666 shares of the company traded hands, compared to its average volume of 1,634,942. 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 1 year low of $189.66 and a 1 year high of $242.77. The stock’s 50-day simple moving average is $225.01 and its 200 day simple moving average is $214.00. The company has a market cap of $147.33 billion, a PE ratio of 26.16, a P/E/G ratio of 2.85 and a beta of 1.06.

Analysts Set New Price Targets

A number of research firms recently commented on HON. Wolfe Research cut Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. UBS Group reissued a “buy” rating and issued a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $223.00 to $217.00 in a report on Friday, October 25th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Jefferies Financial Group increased their target price on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research report on Tuesday, December 17th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Honeywell International presently has an average 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.