Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Norway Savings Bank

Norway Savings Bank boosted its stake in Honeywell International Inc. (NASDAQ:HON) by 15.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,187 shares of the conglomerate’s stock after acquiring an additional 1,094 shares during the quarter. Honeywell International accounts for about 1.0% of Norway Savings Bank’s portfolio, making the stock its 29th biggest holding. Norway Savings Bank’s holdings in Honeywell International were worth $1,849,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America purchased a new position in shares of Honeywell International in the third quarter valued at approximately $25,000. Reston Wealth Management LLC acquired a new stake in shares of Honeywell International in the third quarter valued at about $29,000. Financial Avengers Inc. lifted its stake in shares of 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 buying an additional 50 shares in the last quarter. Planning Capital Management Corp raised its holdings in 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 acquiring an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in Honeywell International in the 3rd quarter worth approximately $41,000. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on HON. Jefferies Financial Group lifted their price objective on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a report on Monday, October 28th. Bank of America increased their price target on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research note on Thursday, November 14th. UBS Group reiterated a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Finally, 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. Eleven research 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $248.57.

Honeywell International Stock Down 0.6 %

HON stock traded down $1.28 during midday trading on Tuesday, reaching $220.46. 1,691,678 shares of the company were exchanged, compared to its average volume of 2,543,376. The stock’s 50-day simple moving average is $225.32 and its 200 day simple moving average is $214.06. Honeywell International Inc. has a 1-year low of $189.66 and a 1-year high of $242.77. 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 company has a market cap of $143.35 billion, a price-to-earnings ratio of 25.46, a price-to-earnings-growth ratio of 2.85 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.