Sanibel Captiva Trust Company Inc. Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Sanibel Captiva Trust Company Inc. boosted its holdings in Honeywell International Inc. (NASDAQ:HON) by 1.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 127,584 shares of the conglomerate’s stock after buying an additional 2,400 shares during the quarter. Honeywell International makes up about 0.9% of Sanibel Captiva Trust Company Inc.’s holdings, making the stock its 26th largest position. Sanibel Captiva Trust Company Inc.’s holdings in Honeywell International were worth $28,820,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. RIA Advisory Group LLC acquired a new position in shares of Honeywell International in the 3rd quarter valued at $6,124,000. Copley Financial Group Inc. acquired a new position in Honeywell International in the third quarter valued at $454,000. EP Wealth Advisors LLC grew its holdings in shares of Honeywell International by 4.4% during 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 during the last quarter. Rockefeller Capital Management L.P. increased its position 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 worth $132,155,000 after purchasing an additional 12,755 shares in the last quarter. Finally, SteelPeak Wealth LLC lifted its holdings in shares of Honeywell International by 255.2% in the 3rd 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 during the last quarter. 75.91% of the stock is currently owned by institutional investors and hedge funds.

Honeywell International Price Performance

Honeywell International stock opened at $222.58 on Friday. The company has a market cap of $144.73 billion, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The business has a fifty day moving average of $227.00 and a two-hundred day moving average of $214.36. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44.

Analyst Ratings Changes

HON has been the topic of several research analyst reports. Robert W. Baird lowered Honeywell International from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $223.00 to $217.00 in a research report on Friday, October 25th. Hsbc Global Res upgraded shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. The Goldman Sachs Group raised their price objective on shares of Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Barclays upped their target price on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a report on Friday. Finally, Baird R W lowered Honeywell International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Honeywell International has a consensus rating of “Hold” and a consensus price target of $248.29.

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.