Honeywell International Inc. (NASDAQ:HON) Shares Sold by Bangor Savings Bank

Bangor Savings Bank decreased its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 8.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 2,784 shares of the conglomerate’s stock after selling 257 shares during the quarter. Bangor Savings Bank’s holdings in Honeywell International were worth $629,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in 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 worth $5,010,000 after purchasing an additional 2,869 shares in the last quarter. Norden Group LLC grew its position in Honeywell International by 14.8% in the 2nd quarter. Norden Group LLC now owns 2,475 shares of the conglomerate’s stock valued at $529,000 after acquiring an additional 319 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of Honeywell International during the second quarter worth about $330,000. Acadian Asset Management LLC boosted its stake in shares of Honeywell International by 36.7% in the second quarter. Acadian Asset Management LLC now owns 5,870 shares of the conglomerate’s stock valued at $1,252,000 after purchasing an additional 1,575 shares during the period. Finally, HCR Wealth Advisors grew its holdings in shares of Honeywell International by 1.5% in the second quarter. HCR Wealth Advisors now owns 11,383 shares of the conglomerate’s stock valued at $2,431,000 after purchasing an additional 171 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Baird R W lowered shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Barclays lifted their target price on Honeywell International from $252.00 to $260.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. The Goldman Sachs Group upped their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Wells Fargo & Company boosted their price objective on Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Finally, Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Eleven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $249.57.

Honeywell International Stock Down 2.1 %

Honeywell International stock opened at $221.74 on Tuesday. The company has a market capitalization of $144.19 billion, a P/E ratio of 25.61, a PEG ratio of 2.85 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The stock has a 50-day simple moving average of $225.32 and a 200-day simple moving average of $214.06.

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.