City Holding Co. Boosts Position in Honeywell International Inc. (NASDAQ:HON)

City Holding Co. grew its position in Honeywell International Inc. (NASDAQ:HON) by 5.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,245 shares of the conglomerate’s stock after buying an additional 582 shares during the quarter. City Holding Co.’s holdings in Honeywell International were worth $2,766,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ellsworth Advisors LLC raised its position in Honeywell International by 2.4% during the fourth quarter. Ellsworth Advisors LLC now owns 9,964 shares of the conglomerate’s stock worth $2,251,000 after acquiring an additional 237 shares during the last quarter. Annex Advisory Services LLC increased its stake in shares of Honeywell International by 7.2% during the 4th quarter. Annex Advisory Services LLC now owns 48,952 shares of the conglomerate’s stock worth $11,058,000 after purchasing an additional 3,286 shares in the last quarter. Grove Bank & Trust raised its position in shares of Honeywell International by 3.0% during the 4th quarter. Grove Bank & Trust now owns 3,909 shares of the conglomerate’s stock worth $883,000 after purchasing an additional 115 shares during the last quarter. Ballast Inc. lifted its stake in Honeywell International by 1.7% in the 4th quarter. Ballast Inc. now owns 6,430 shares of the conglomerate’s stock valued at $1,452,000 after buying an additional 105 shares in the last quarter. Finally, Renaissance Investment Group LLC acquired a new stake in Honeywell International during the 4th quarter valued at $212,000. Institutional investors and hedge funds own 75.91% of the company’s stock.

Honeywell International Trading Down 0.0 %

NASDAQ HON opened at $222.58 on Monday. The company’s 50 day moving average price is $227.06 and its 200 day moving average price is $214.45. Honeywell International Inc. has a one year low of $189.66 and a one year 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 capitalization of $144.73 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.40 and a beta of 1.06.

Analysts Set New Price Targets

Several brokerages have recently issued reports on HON. UBS Group restated a “buy” rating and issued a $298.00 price objective (up from $215.00) on shares of Honeywell International in a research report on Wednesday, November 13th. 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 research note on Thursday, December 12th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research report on Wednesday, December 11th. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Finally, Jefferies Financial Group boosted their price target on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a report on Tuesday, December 17th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Honeywell International has a consensus rating of “Hold” and an average price target 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.