Honeywell International Inc. (NASDAQ:HON) Shares Acquired by Community Bank of Raymore

Community Bank of Raymore lifted its holdings in Honeywell International Inc. (NASDAQ:HON - Free Report) by 30.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,697 shares of the conglomerate's stock after purchasing an additional 1,330 shares during the period. Community Bank of Raymore's holdings in Honeywell International were worth $1,287,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HON. Teachers Insurance & Annuity Association of America bought a new stake in Honeywell International during the third quarter valued at about $25,000. Reston Wealth Management LLC bought a new stake in shares of Honeywell International in the 3rd quarter valued at about $29,000. Financial Avengers Inc. grew its position in shares of Honeywell International by 48.1% in the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate's stock worth $32,000 after buying an additional 50 shares during the last quarter. Planning Capital Management Corp raised its stake in shares of Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate's stock worth $34,000 after acquiring an additional 81 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new stake in Honeywell International during the third quarter valued at approximately $41,000. 75.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. HSBC raised shares of Honeywell International from a "hold" rating to a "buy" rating and set a $290.00 price target on the stock in a report on Wednesday, December 11th. JPMorgan Chase & Co. reduced their target price on Honeywell International from $233.00 to $231.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 15th. UBS Group reissued a "buy" rating and issued a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Citigroup cut their price objective on shares of Honeywell International from $268.00 to $266.00 and set a "buy" rating on the stock in a report on Monday, January 13th. Finally, Robert W. Baird cut shares of Honeywell International from an "outperform" rating to a "neutral" rating and lowered their target price for the stock from $223.00 to $217.00 in a research note 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. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $248.29.

Honeywell International Stock Performance

Shares of HON stock traded down $0.11 on Monday, hitting $222.58. The company had a trading volume of 3,349,057 shares, compared to its average volume of 3,230,753. The firm has a market cap of $144.73 billion, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77. The company has a 50-day moving average price of $227.06 and a 200-day moving average price of $214.47. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

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.