MassMutual Private Wealth & Trust FSB Sells 4,504 Shares of Honeywell International Inc. (NASDAQ:HON)

MassMutual Private Wealth & Trust FSB lessened its position in shares of Honeywell International Inc. (NASDAQ:HON - Free Report) by 4.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 102,345 shares of the conglomerate's stock after selling 4,504 shares during the period. MassMutual Private Wealth & Trust FSB's holdings in Honeywell International were worth $23,119,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Benjamin F. Edwards & Company Inc. raised its position in shares of Honeywell International by 17.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 18,773 shares of the conglomerate's stock worth $4,009,000 after buying an additional 2,734 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Honeywell International by 12.3% in the 2nd quarter. Sei Investments Co. now owns 407,956 shares of the conglomerate's stock valued at $87,114,000 after acquiring an additional 44,644 shares in the last quarter. Legacy Financial Advisors Inc. boosted its position in shares of Honeywell International by 3.6% during the 2nd quarter. Legacy Financial Advisors Inc. now owns 3,108 shares of the conglomerate's stock valued at $664,000 after acquiring an additional 108 shares during the last quarter. Frank Rimerman Advisors LLC grew its holdings in shares of Honeywell International by 11,200.0% during the second quarter. Frank Rimerman Advisors LLC now owns 6,102 shares of the conglomerate's stock worth $1,303,000 after purchasing an additional 6,048 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC increased its position in shares of Honeywell International by 264.7% in the second quarter. Mount Yale Investment Advisors LLC now owns 4,672 shares of the conglomerate's stock worth $998,000 after purchasing an additional 3,391 shares during the last quarter. 75.91% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on HON. Bank of America lifted their target price on shares of Honeywell International from $220.00 to $240.00 and gave the company a "neutral" rating in a research report on Thursday, November 14th. Wells Fargo & Company cut their target price on shares of Honeywell International from $254.00 to $240.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 7th. Royal Bank of Canada reissued a "sector perform" rating and issued a $253.00 target price on shares of Honeywell International in a research note on Tuesday, December 3rd. UBS Group reaffirmed a "buy" rating and set a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Finally, Robert W. Baird lowered Honeywell International from an "outperform" rating to a "neutral" rating and reduced their price objective for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Eleven equities 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 data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $248.29.

Honeywell International Stock Down 0.0 %

HON traded down $0.11 during midday trading on Monday, reaching $222.58. The company's stock had a trading volume of 3,349,057 shares, compared to its average volume of 3,230,753. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06. The stock's 50-day moving average is $227.06 and its 200-day moving average is $214.47. Honeywell International Inc. has a 1 year low of $189.66 and a 1 year high of $242.77.

Honeywell International 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.