First County Bank CT Sells 593 Shares of Honeywell International Inc. (NASDAQ:HON)

First County Bank CT reduced its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 15.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,292 shares of the conglomerate’s stock after selling 593 shares during the quarter. First County Bank CT’s holdings in Honeywell International were worth $744,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Teachers Insurance & Annuity Association of America acquired 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 in the 3rd quarter valued at $29,000. Financial Avengers Inc. increased its position in Honeywell International by 48.1% during the 3rd quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after buying an additional 50 shares during the period. Planning Capital Management Corp lifted its holdings in shares of Honeywell International by 96.4% during the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after buying an additional 81 shares in the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in shares of Honeywell International in the third quarter valued at about $41,000. 75.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. HSBC raised shares of 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. Citigroup lifted their price objective on Honeywell International from $244.00 to $268.00 and gave the company a “buy” rating in a report on Monday, December 9th. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. The Goldman Sachs Group increased their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Barclays boosted their target price on shares of Honeywell International from $252.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $248.57.

Honeywell International Price Performance

Honeywell International stock traded down $1.28 during midday trading on Tuesday, reaching $220.46. 1,691,678 shares of the stock were exchanged, compared to its average volume of 2,543,376. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week high of $242.77. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The firm has a market cap of $143.35 billion, a PE ratio of 25.46, a PEG ratio of 2.85 and a beta of 1.06. The company’s fifty day moving average is $225.32 and its 200-day moving average is $214.06.

About Honeywell International

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.