Town & Country Bank & Trust CO dba First Bankers Trust CO lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON – Free Report) by 7.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 17,817 shares of the conglomerate’s stock after selling 1,467 shares during the quarter. Honeywell International makes up about 1.6% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s investment portfolio, making the stock its 16th biggest position. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Honeywell International were worth $4,025,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of HON. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International during the third quarter worth about $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International in the third quarter valued at approximately $29,000. Hoese & Co LLP purchased a new position in shares of Honeywell International during the fourth quarter worth approximately $30,000. Financial Avengers Inc. raised its position in Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after purchasing an additional 50 shares during the last quarter. Finally, Planning Capital Management Corp boosted its stake in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after purchasing an additional 81 shares during the period. Institutional investors and hedge funds own 75.91% of the company’s stock.
Analysts Set New Price Targets
HON has been the topic of a number of analyst reports. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Royal Bank of Canada reissued a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a report on Tuesday, December 3rd. Jefferies Financial Group increased their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. UBS Group reissued a “buy” rating and set a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Finally, JPMorgan Chase & Co. cut their price target on Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Eleven investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $248.29.
Honeywell International Stock Performance
Honeywell International stock opened at $225.77 on Tuesday. The stock has a 50 day moving average of $226.38 and a 200-day moving average of $214.86. The stock has a market cap of $146.80 billion, a P/E ratio of 26.07, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.
About Honeywell International
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.
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