Trust Co of Kansas lessened its holdings in Honeywell International Inc. (NASDAQ:HON – Free Report) by 2.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 25,389 shares of the conglomerate’s stock after selling 636 shares during the period. Honeywell International makes up 2.8% of Trust Co of Kansas’ holdings, making the stock its 16th biggest holding. Trust Co of Kansas’ holdings in Honeywell International were worth $5,735,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the business. Teachers Insurance & Annuity Association of America acquired a new position in shares of Honeywell International in the 3rd quarter valued at $25,000. Reston Wealth Management LLC purchased a new stake in Honeywell International during the 3rd quarter valued at about $29,000. Financial Avengers Inc. increased its holdings in shares of 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. Planning Capital Management Corp raised its stake in shares of Honeywell International by 96.4% in the third 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 last quarter. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of Honeywell International during the third quarter worth about $41,000. Hedge funds and other institutional investors own 75.91% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on HON. 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. Jefferies Financial Group raised their target price on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a report on Tuesday, December 3rd. HSBC upgraded 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. Finally, Robert W. Baird downgraded Honeywell International from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $248.29.
Honeywell International Stock Down 0.0 %
Shares of NASDAQ HON opened at $222.58 on Friday. The firm has a market cap of $144.73 billion, a price-to-earnings ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. The company’s 50-day simple moving average is $227.00 and its 200-day simple moving average is $214.36. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77.
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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