Honeywell International Inc. (NASDAQ:HON) Shares Sold by First Financial Bank Trust Division

First Financial Bank Trust Division cut its stake in Honeywell International Inc. (NASDAQ:HON) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,203 shares of the conglomerate’s stock after selling 613 shares during the period. Honeywell International accounts for approximately 0.9% of First Financial Bank Trust Division’s investment portfolio, making the stock its 29th largest holding. First Financial Bank Trust Division’s holdings in Honeywell International were worth $9,759,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. RIA Advisory Group LLC bought a new position in Honeywell International in the 3rd quarter worth approximately $6,124,000. Copley Financial Group Inc. acquired a new position in Honeywell International during the 3rd quarter worth $454,000. EP Wealth Advisors LLC grew its stake in shares of Honeywell International by 4.4% in the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock worth $72,044,000 after purchasing an additional 14,271 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Honeywell International by 2.0% during the third quarter. Rockefeller Capital Management L.P. now owns 639,341 shares of the conglomerate’s stock valued at $132,155,000 after purchasing an additional 12,755 shares during the period. Finally, SteelPeak Wealth LLC raised its stake in shares of Honeywell International by 255.2% during the third quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after purchasing an additional 52,830 shares in the last quarter. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Trading Down 0.2 %

Shares of HON traded down $0.37 during midday trading on Thursday, hitting $225.52. The stock had a trading volume of 2,048,999 shares, compared to its average volume of 3,191,750. The business has a 50-day simple moving average of $224.31 and a two-hundred day simple moving average of $213.81. The firm has a market cap of $146.64 billion, a P/E ratio of 26.04, a price-to-earnings-growth ratio of 2.85 and a beta of 1.05. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity 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.

Wall Street Analysts Forecast Growth

HON has been the subject of a number of recent analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $253.00 target price on shares of Honeywell International in a research report on Tuesday, December 3rd. StockNews.com lowered shares of Honeywell International from a “buy” rating to a “hold” rating in a research note on Monday, December 23rd. Morgan Stanley initiated coverage on Honeywell International in a research report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price for the company. Robert W. Baird cut Honeywell International from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $223.00 to $217.00 in a research report on Friday, October 25th. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective for the company in a report on Wednesday, December 11th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $249.57.

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.