Chilton Capital Management LLC Boosts Stake in Honeywell International Inc. $HON

Chilton Capital Management LLC boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 116.9% in the 3rd quarter, Holdings Channel reports. The fund owned 15,151 shares of the conglomerate’s stock after acquiring an additional 8,166 shares during the quarter. Chilton Capital Management LLC’s holdings in Honeywell International were worth $3,189,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Laurel Wealth Advisors LLC increased its holdings in shares of Honeywell International by 23,503.0% in the second quarter. Laurel Wealth Advisors LLC now owns 3,716,532 shares of the conglomerate’s stock valued at $865,506,000 after purchasing an additional 3,700,786 shares during the last quarter. Bank of Nova Scotia grew its holdings in Honeywell International by 171.8% in the 2nd quarter. Bank of Nova Scotia now owns 806,053 shares of the conglomerate’s stock valued at $187,713,000 after buying an additional 509,456 shares in the last quarter. Holocene Advisors LP acquired a new stake in shares of Honeywell International in the 2nd quarter worth $93,152,000. SG Americas Securities LLC raised its holdings in shares of Honeywell International by 357.2% during the 2nd quarter. SG Americas Securities LLC now owns 275,160 shares of the conglomerate’s stock worth $64,079,000 after acquiring an additional 382,152 shares during the period. Finally, Marshall Wace LLP boosted its position in shares of Honeywell International by 88.1% during the 2nd quarter. Marshall Wace LLP now owns 802,060 shares of the conglomerate’s stock valued at $186,784,000 after acquiring an additional 375,757 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Trading Down 0.1%

NASDAQ:HON opened at $221.16 on Tuesday. Honeywell International Inc. has a 12-month low of $169.21 and a 12-month high of $228.04. The firm has a market cap of $140.41 billion, a PE ratio of 23.30, a price-to-earnings-growth ratio of 2.43 and a beta of 0.95. 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 stock has a fifty day moving average price of $199.83 and a 200 day moving average price of $209.04.

Wall Street Analysts Forecast Growth

HON has been the subject of several recent analyst reports. JPMorgan Chase & Co. upgraded shares of Honeywell International from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $218.00 to $255.00 in a research report on Friday, January 16th. Citigroup decreased their price target on Honeywell International from $267.00 to $262.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Argus raised their price objective on Honeywell International from $225.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Royal Bank Of Canada decreased their target price on shares of Honeywell International from $253.00 to $249.00 and set an “outperform” rating on the stock in a research report on Thursday, January 15th. Finally, Evercore ISI began coverage on Honeywell International in a research note on Monday, December 15th. They set an “outperform” rating and a $255.00 price target on the stock. Eleven investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Honeywell International presently has an average rating of “Moderate Buy” and an average price target of $237.67.

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.