Enterprise Bank & Trust Co Has $2.99 Million Holdings in Honeywell International Inc. (NASDAQ:HON)

Enterprise Bank & Trust Co lowered its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,247 shares of the conglomerate’s stock after selling 213 shares during the quarter. Honeywell International comprises approximately 1.0% of Enterprise Bank & Trust Co’s investment portfolio, making the stock its 27th largest holding. Enterprise Bank & Trust Co’s holdings in Honeywell International were worth $2,992,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. RIA Advisory Group LLC acquired a new position in shares of Honeywell International during the third quarter valued at about $6,124,000. Copley Financial Group Inc. bought a new stake in Honeywell International during the 3rd quarter worth approximately $454,000. EP Wealth Advisors LLC raised its stake in shares of Honeywell International by 4.4% in the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after purchasing an additional 14,271 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in Honeywell International by 2.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after acquiring an additional 12,755 shares in the last quarter. Finally, SteelPeak Wealth LLC boosted its holdings in Honeywell International by 255.2% during the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock worth $15,199,000 after acquiring an additional 52,830 shares during the last quarter. Institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on HON shares. UBS Group reaffirmed a “buy” rating and issued a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. JPMorgan Chase & Co. decreased their price target on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, Barclays reduced their price target on Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $248.07.

Honeywell International Price Performance

Shares of Honeywell International stock traded up $1.32 on Monday, hitting $219.51. 3,439,274 shares of the company traded hands, compared to its average volume of 3,069,918. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The firm’s 50-day simple moving average is $226.40 and its 200 day simple moving average is $214.20. The company has a market cap of $142.74 billion, a P/E ratio of 25.35, a P/E/G ratio of 2.85 and a beta of 1.06. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

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.