Merriman Wealth Management LLC acquired a new position in shares of Honeywell International Inc. (NYSE:HON) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,366 shares of the conglomerate’s stock, valued at approximately $242,000.

Several other hedge funds also recently added to or reduced their stakes in the company. EP Wealth Advisors LLC raised its holdings in shares of Honeywell International by 1.3% in the 3rd quarter. EP Wealth Advisors LLC now owns 125,089 shares of the conglomerate’s stock worth $21,165,000 after acquiring an additional 1,598 shares during the last quarter. First Hawaiian Bank increased its stake in Honeywell International by 3.9% in the 3rd quarter. First Hawaiian Bank now owns 17,533 shares of the conglomerate’s stock valued at $2,967,000 after buying an additional 654 shares during the last quarter. IHT Wealth Management LLC increased its stake in Honeywell International by 11.1% in the 3rd quarter. IHT Wealth Management LLC now owns 21,310 shares of the conglomerate’s stock valued at $3,607,000 after buying an additional 2,137 shares during the last quarter. Parametric Portfolio Associates LLC increased its stake in Honeywell International by 0.8% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 2,572,109 shares of the conglomerate’s stock valued at $435,201,000 after buying an additional 21,401 shares during the last quarter. Finally, CWM LLC increased its stake in Honeywell International by 40.8% in the 3rd quarter. CWM LLC now owns 87,379 shares of the conglomerate’s stock valued at $14,785,000 after buying an additional 25,301 shares during the last quarter. 75.68% of the stock is currently owned by institutional investors.

HON traded up $0.57 on Friday, hitting $180.15. The company’s stock had a trading volume of 70,832 shares, compared to its average volume of 1,993,571. The company’s 50 day simple moving average is $177.93 and its 200-day simple moving average is $172.14. The firm has a market cap of $128.65 billion, a P/E ratio of 21.05, a price-to-earnings-growth ratio of 2.21 and a beta of 1.09. Honeywell International Inc. has a 12 month low of $138.87 and a 12 month high of $184.06. The company has a quick ratio of 1.08, a current ratio of 1.32 and a debt-to-equity ratio of 0.61.

Several equities research analysts have commented on the stock. William Blair reiterated a “hold” rating on shares of Honeywell International in a research note on Monday, November 25th. Credit Suisse Group upgraded shares of Honeywell International from a “neutral” rating to an “outperform” rating in a research note on Friday, January 3rd. Cowen set a $180.00 target price on shares of Honeywell International and gave the company a “buy” rating in a research report on Friday, October 18th. Morgan Stanley reduced their target price on shares of Honeywell International from $190.00 to $186.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Finally, UBS Group started coverage on shares of Honeywell International in a research report on Thursday, December 12th. They set a “neutral” rating and a $192.00 target price for the company. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $191.42.

Honeywell International Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This 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 connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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