Honeywell International Inc. (NASDAQ:HON) Shares Sold by Wesbanco Bank Inc.

Wesbanco Bank Inc. lowered its position in Honeywell International Inc. (NASDAQ:HON) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 62,658 shares of the conglomerate’s stock after selling 2,659 shares during the period. Wesbanco Bank Inc.’s holdings in Honeywell International were worth $14,154,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Teachers Insurance & Annuity Association of America acquired a new stake in Honeywell International during the 3rd quarter worth $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International during the 3rd quarter worth $29,000. Hoese & Co LLP acquired a new stake in Honeywell International during the 4th quarter worth $30,000. Financial Avengers Inc. raised its stake 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 acquiring an additional 50 shares in the last quarter. Finally, Planning Capital Management Corp raised its stake in Honeywell International by 96.4% during the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 81 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Price Performance

Shares of HON stock opened at $223.09 on Thursday. The company has a market capitalization of $145.06 billion, a PE ratio of 25.76, a price-to-earnings-growth ratio of 2.55 and a beta of 1.06. The firm has a fifty day simple moving average of $226.83 and a 200-day simple moving average of $214.63. 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 twelve month low of $189.66 and a twelve month high of $242.77.

Analysts Set New Price Targets

A number of research analysts have commented on HON shares. The Goldman Sachs Group lifted their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Barclays boosted their price target on shares of Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research note on Wednesday, December 11th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Finally, UBS Group reissued a “buy” rating and set a $298.00 price objective (up previously from $215.00) on shares of Honeywell International in a report on Wednesday, November 13th. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Honeywell International currently has an average rating of “Hold” and a consensus target price of $248.29.

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.