Town & Country Bank & Trust CO dba First Bankers Trust CO trimmed its holdings in Honeywell International Inc. (NASDAQ:HON – Free Report) by 7.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,817 shares of the conglomerate’s stock after selling 1,467 shares during the quarter. Honeywell International comprises approximately 1.6% of Town & Country Bank & Trust CO dba First Bankers Trust CO’s portfolio, making the stock its 16th largest holding. 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 institutional investors and hedge funds have also made changes to their positions in HON. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Honeywell International in the 3rd quarter valued at approximately $25,000. Reston Wealth Management LLC purchased a new position in Honeywell International in the third quarter worth approximately $29,000. Hoese & Co LLP acquired a new stake in Honeywell International during the fourth quarter worth $30,000. 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 valued at $32,000 after purchasing an additional 50 shares during the period. Finally, Planning Capital Management Corp lifted its stake in shares of Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages recently issued reports on HON. UBS Group reissued a “buy” rating and set a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. Wells Fargo & Company reduced their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. 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. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $248.29.
Honeywell International Stock Up 1.9 %
HON stock opened at $225.77 on Tuesday. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The company’s 50 day moving average price is $226.38 and its 200 day moving average price is $214.86. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The firm has a market capitalization of $146.80 billion, a price-to-earnings ratio of 26.07, a PEG ratio of 2.56 and a beta of 1.06.
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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