Grove Bank & Trust Acquires 115 Shares of Honeywell International Inc. (NASDAQ:HON)

Grove Bank & Trust increased its position in shares of Honeywell International Inc. (NASDAQ:HON) by 3.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,909 shares of the conglomerate’s stock after purchasing an additional 115 shares during the quarter. Grove Bank & Trust’s holdings in Honeywell International were worth $883,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HON. Absher Wealth Management LLC raised its stake in Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after acquiring an additional 49 shares during the period. ZRC Wealth Management LLC boosted its stake in Honeywell International by 11.6% in the third quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after buying an additional 50 shares in the last quarter. CFM Wealth Partners LLC increased its holdings in shares of Honeywell International by 4.0% in the third quarter. CFM Wealth Partners LLC now owns 1,288 shares of the conglomerate’s stock worth $264,000 after buying an additional 50 shares during the period. Jacobsen Capital Management grew its holdings in Honeywell International by 5.2% in the 3rd quarter. Jacobsen Capital Management now owns 1,010 shares of the conglomerate’s stock worth $209,000 after acquiring an additional 50 shares during the last quarter. Finally, Mengis Capital Management Inc. raised its holdings in shares of Honeywell International by 0.4% during the third quarter. Mengis Capital Management Inc. now owns 12,176 shares of the conglomerate’s stock valued at $2,517,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

HON has been the subject of several research reports. Robert W. Baird lowered shares of Honeywell International from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $223.00 to $217.00 in a research note on Friday, October 25th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Royal Bank of Canada restated a “sector perform” rating and set a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. Jefferies Financial Group boosted their price target on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research report on Tuesday, December 17th. Finally, Bank of America upped their price target on shares of Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a report on Thursday, November 14th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $248.29.

Honeywell International Trading Down 0.0 %

NASDAQ HON opened at $222.58 on Monday. The company has a 50 day moving average price of $227.06 and a 200 day moving average price of $214.45. 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. The firm has a market cap of $144.73 billion, a PE ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06.

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.