Diversified Trust Co Buys 1,285 Shares of Honeywell International Inc. (NASDAQ:HON)

Diversified Trust Co increased its stake in Honeywell International Inc. (NASDAQ:HON) by 8.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,748 shares of the conglomerate’s stock after purchasing an additional 1,285 shares during the quarter. Diversified Trust Co’s holdings in Honeywell International were worth $3,558,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Insight Wealth Strategies LLC raised its stake in shares of Honeywell International by 3.4% in the fourth quarter. Insight Wealth Strategies LLC now owns 9,180 shares of the conglomerate’s stock valued at $2,074,000 after buying an additional 303 shares during the period. Iowa State Bank raised its stake in Honeywell International by 1.4% in the 4th quarter. Iowa State Bank now owns 7,937 shares of the conglomerate’s stock valued at $1,793,000 after acquiring an additional 106 shares during the period. First Citizens Financial Corp lifted its holdings in Honeywell International by 3.9% during the fourth quarter. First Citizens Financial Corp now owns 1,975 shares of the conglomerate’s stock valued at $446,000 after purchasing an additional 74 shares during the last quarter. GAMMA Investing LLC boosted its position in Honeywell International by 10.8% during the fourth quarter. GAMMA Investing LLC now owns 6,319 shares of the conglomerate’s stock worth $1,427,000 after purchasing an additional 616 shares during the period. Finally, Versant Capital Management Inc increased its stake in shares of Honeywell International by 5.1% in the fourth quarter. Versant Capital Management Inc now owns 3,353 shares of the conglomerate’s stock worth $757,000 after purchasing an additional 162 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on HON shares. Bank of America raised their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Barclays lifted their price target on Honeywell International from $252.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. The Goldman Sachs Group increased their price objective on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Jefferies Financial Group lifted their target price on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Finally, Citigroup increased their price target on shares of Honeywell International from $244.00 to $268.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Eleven investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $248.57.

Honeywell International Price Performance

HON opened at $220.63 on Wednesday. The stock has a 50-day moving average price of $225.61 and a 200-day moving average price of $214.10. The stock has a market capitalization of $143.46 billion, a P/E ratio of 25.48, a PEG ratio of 2.85 and a beta of 1.06. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month 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.

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.