Honeywell International Inc. (NASDAQ:HON) Shares Sold by TI Trust Inc.

TI Trust Inc. lessened its position in Honeywell International Inc. (NASDAQ:HON) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,159 shares of the conglomerate’s stock after selling 124 shares during the quarter. Honeywell International makes up 1.1% of TI Trust Inc.’s investment portfolio, making the stock its 24th largest holding. TI Trust Inc.’s holdings in Honeywell International were worth $1,617,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of HON. ZWJ Investment Counsel Inc. increased its holdings in shares of Honeywell International by 3.4% in the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock valued at $327,000 after purchasing an additional 47 shares in the last quarter. Magnus Financial Group LLC grew its position in Honeywell International by 0.5% during the fourth quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock worth $2,019,000 after buying an additional 48 shares during the period. Absher Wealth Management LLC increased its holdings in Honeywell International by 2.5% in the third quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after buying an additional 49 shares in the last quarter. Bill Few Associates Inc. lifted its position in shares of Honeywell International by 0.3% during the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate’s stock valued at $3,524,000 after acquiring an additional 49 shares during the period. Finally, ZRC Wealth Management LLC boosted its stake in shares of Honeywell International by 11.6% during the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after acquiring an additional 50 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Stock Down 1.8 %

Shares of HON opened at $221.51 on Monday. Honeywell International Inc. has a fifty-two week low of $189.66 and a fifty-two week high of $242.77. The company’s fifty day moving average is $226.38 and its two-hundred day moving average is $214.86. The firm has a market cap of $144.04 billion, a PE ratio of 25.58, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44.

Wall Street Analysts Forecast Growth

HON has been the subject of several research analyst reports. The Goldman Sachs Group raised their price objective on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Citigroup cut their price target on Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research note on Monday, January 13th. JPMorgan Chase & Co. dropped their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Wells Fargo & Company lowered their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Finally, Bank of America lifted their price objective on Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Eleven 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 company. According to MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and an average target price of $248.29.

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.