Bar Harbor Wealth Management Sells 195 Shares of Honeywell International Inc. (NASDAQ:HON)

Bar Harbor Wealth Management lessened its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 4.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,490 shares of the conglomerate’s stock after selling 195 shares during the period. Bar Harbor Wealth Management’s holdings in Honeywell International were worth $1,014,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new position in shares of Honeywell International in the third quarter valued at approximately $25,000. Reston Wealth Management LLC acquired a new position in Honeywell International during the 3rd quarter worth $29,000. Financial Avengers Inc. boosted its holdings in Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after acquiring an additional 50 shares during the period. Planning Capital Management Corp grew its position in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 81 shares during the last quarter. Finally, Western Pacific Wealth Management LP bought a new position in shares of Honeywell International in the third quarter worth about $41,000. 75.91% of the stock is owned by institutional investors.

Honeywell International Price Performance

Shares of Honeywell International stock traded up $0.73 during mid-day trading on Monday, reaching $218.92. 4,190,954 shares of the stock were exchanged, compared to its average volume of 3,138,406. The company has a market cap of $142.35 billion, a price-to-earnings ratio of 25.28, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. 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 50-day simple moving average of $226.40 and a 200 day simple moving average of $214.20.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HON. JPMorgan Chase & Co. lowered their target price on Honeywell International from $235.00 to $233.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research report on Monday, December 23rd. Jefferies Financial Group increased their price target on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Barclays dropped their price objective on shares of Honeywell International from $260.00 to $255.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Finally, Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Honeywell International currently has a consensus rating of “Hold” and an average price target of $248.07.

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.