Iowa State Bank Acquires 106 Shares of Honeywell International Inc. (NASDAQ:HON)

Iowa State Bank increased its stake in Honeywell International Inc. (NASDAQ:HON) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,937 shares of the conglomerate’s stock after purchasing an additional 106 shares during the period. Iowa State Bank’s holdings in Honeywell International were worth $1,793,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Teachers Insurance & Annuity Association of America bought a new position in shares of Honeywell International in the third quarter worth about $25,000. Reston Wealth Management LLC bought a new position in shares of Honeywell International in the 3rd quarter valued at $29,000. Financial Avengers Inc. grew its holdings in shares of Honeywell International by 48.1% during the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock worth $32,000 after purchasing an additional 50 shares during the last quarter. 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 purchasing an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP acquired a new stake in Honeywell International in the third quarter valued at $41,000. Institutional investors own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on HON shares. The Goldman Sachs Group raised their price target on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $253.00 price target on shares of Honeywell International in a research report on Tuesday, December 3rd. Robert W. Baird downgraded shares of Honeywell International from an “outperform” rating to a “neutral” rating and cut their price objective for the stock from $223.00 to $217.00 in a report on Friday, October 25th. Finally, Barclays upped their target price on Honeywell International from $252.00 to $260.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. Eleven investment 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 stock. According to MarketBeat.com, Honeywell International has an average rating of “Hold” and a consensus price target of $249.57.

Honeywell International Stock Performance

Shares of Honeywell International stock traded down $2.29 during trading hours on Monday, reaching $224.23. The company had a trading volume of 1,222,826 shares, compared to its average volume of 1,946,076. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The firm has a market cap of $145.80 billion, a PE ratio of 25.89, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. The business has a fifty day simple moving average of $225.01 and a 200 day simple moving average of $214.00.

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.