Trust Co. of Toledo NA OH Grows Stock Position in Honeywell International Inc. (NASDAQ:HON)

Trust Co. of Toledo NA OH raised its position in Honeywell International Inc. (NASDAQ:HON) by 16.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 21,077 shares of the conglomerate’s stock after acquiring an additional 2,970 shares during the period. Trust Co. of Toledo NA OH’s holdings in Honeywell International were worth $4,761,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Teachers Insurance & Annuity Association of America acquired a new position in Honeywell International during the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC acquired a new position in Honeywell International during the third quarter worth $29,000. Financial Avengers Inc. raised its position in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after acquiring an additional 50 shares in the last quarter. Planning Capital Management Corp boosted its position in shares of 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 in the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in shares of Honeywell International during the 3rd quarter worth $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on HON. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. HSBC raised Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a research note on Wednesday, December 11th. JPMorgan Chase & Co. decreased their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Citigroup lifted their target price on shares of Honeywell International from $244.00 to $268.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Finally, Jefferies Financial Group increased their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and an average price target of $248.21.

Honeywell International Stock Up 0.4 %

NASDAQ:HON traded up $0.87 during mid-day trading on Monday, hitting $219.06. The company had a trading volume of 329,513 shares, compared to its average volume of 2,649,972. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77. The business has a fifty day simple moving average of $226.40 and a 200-day simple moving average of $214.20. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $142.44 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 2.85 and a beta of 1.06.

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.