Crews Bank & Trust Invests $1.85 Million in Honeywell International Inc. (NASDAQ:HON)

Crews Bank & Trust purchased a new stake in shares of Honeywell International Inc. (NASDAQ:HON) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 8,190 shares of the conglomerate’s stock, valued at approximately $1,850,000.

Other institutional investors also recently bought and sold shares of the company. Capital Investment Advisory Services LLC lifted its stake in shares of Honeywell International by 1.9% in the 4th quarter. Capital Investment Advisory Services LLC now owns 7,059 shares of the conglomerate’s stock valued at $1,595,000 after purchasing an additional 130 shares during the period. OLD Second National Bank of Aurora lifted its position in Honeywell International by 20.5% during the fourth quarter. OLD Second National Bank of Aurora now owns 10,559 shares of the conglomerate’s stock valued at $2,385,000 after buying an additional 1,797 shares during the period. Palmer Knight Co boosted its holdings in shares of Honeywell International by 1.0% during the 4th quarter. Palmer Knight Co now owns 36,771 shares of the conglomerate’s stock valued at $8,306,000 after buying an additional 364 shares in the last quarter. OLD National Bancorp IN grew its position in shares of Honeywell International by 0.3% in the 4th quarter. OLD National Bancorp IN now owns 24,015 shares of the conglomerate’s stock worth $5,425,000 after buying an additional 66 shares during the period. Finally, DMC Group LLC increased its stake in shares of Honeywell International by 10.8% in the 4th quarter. DMC Group LLC now owns 3,308 shares of the conglomerate’s stock worth $747,000 after acquiring an additional 322 shares in the last quarter. 75.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. The Goldman Sachs Group upped their price target on Honeywell International from $227.00 to $256.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Jefferies Financial Group boosted their target price on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a report on Tuesday, December 17th. StockNews.com downgraded Honeywell International from a “buy” rating to a “hold” rating in a report on Monday, December 23rd. Finally, Baird R W cut shares of Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Honeywell International presently has an average rating of “Hold” and an average target price of $248.29.

Honeywell International Stock Up 0.2 %

NASDAQ HON opened at $221.05 on Thursday. Honeywell International Inc. has a 12 month low of $189.66 and a 12 month high of $242.77. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44. The stock has a market cap of $143.74 billion, a PE ratio of 25.53, a P/E/G ratio of 2.56 and a beta of 1.06. The stock’s 50 day moving average is $226.17 and its 200 day moving average is $214.98.

Honeywell International 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.