Honeywell International Inc. (NASDAQ:HON) Stock Position Lowered by Bath Savings Trust Co

Bath Savings Trust Co lowered its position in shares of Honeywell International Inc. (NASDAQ:HON) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,774 shares of the conglomerate’s stock after selling 776 shares during the quarter. Bath Savings Trust Co’s holdings in Honeywell International were worth $3,337,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Los Angeles Capital Management LLC lifted its stake in Honeywell International by 13.9% during the second quarter. Los Angeles Capital Management LLC now owns 23,463 shares of the conglomerate’s stock valued at $5,010,000 after purchasing an additional 2,869 shares during the last quarter. Norden Group LLC increased its holdings in shares of Honeywell International by 14.8% in the second quarter. Norden Group LLC now owns 2,475 shares of the conglomerate’s stock valued at $529,000 after buying an additional 319 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of Honeywell International during the 2nd quarter valued at $330,000. Acadian Asset Management LLC boosted its stake in shares of Honeywell International by 36.7% during the 2nd quarter. Acadian Asset Management LLC now owns 5,870 shares of the conglomerate’s stock worth $1,252,000 after acquiring an additional 1,575 shares in the last quarter. Finally, HCR Wealth Advisors grew its holdings in shares of Honeywell International by 1.5% in the 2nd quarter. HCR Wealth Advisors now owns 11,383 shares of the conglomerate’s stock worth $2,431,000 after acquiring an additional 171 shares during the last quarter. 75.91% of the stock is owned by institutional investors and hedge funds.

Honeywell International Stock Performance

Shares of NASDAQ HON traded down $0.59 during trading hours on Tuesday, hitting $221.15. 1,296,311 shares of the stock were exchanged, compared to its average volume of 2,449,278. The firm has a market capitalization of $143.80 billion, a P/E ratio of 25.54, a P/E/G ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The company’s 50 day moving average is $225.32 and its 200 day moving average is $214.06.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on HON shares. The Goldman Sachs Group increased their price target on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $253.00 price objective on shares of Honeywell International in a research note on Tuesday, December 3rd. Wolfe Research lowered Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Finally, Barclays lifted their target price on Honeywell International from $252.00 to $260.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $248.57.

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.