Honeywell International Inc. (NASDAQ:HON) Shares Purchased by Dakota Community Bank & Trust NA

Dakota Community Bank & Trust NA boosted its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 9.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,540 shares of the conglomerate’s stock after purchasing an additional 134 shares during the period. Honeywell International comprises approximately 1.7% of Dakota Community Bank & Trust NA’s investment portfolio, making the stock its 18th biggest holding. Dakota Community Bank & Trust NA’s holdings in Honeywell International were worth $348,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Teachers Insurance & Annuity Association of America acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $25,000. Reston Wealth Management LLC acquired a new stake in Honeywell International during the third quarter valued at $29,000. Financial Avengers Inc. increased its holdings in Honeywell International by 48.1% in the third quarter. Financial Avengers Inc. now owns 154 shares of the conglomerate’s stock valued at $32,000 after buying an additional 50 shares in the last quarter. Planning Capital Management Corp raised its position in shares of Honeywell International by 96.4% in the third quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock worth $34,000 after acquiring an additional 81 shares during the period. Finally, Western Pacific Wealth Management LP purchased a new stake in shares of Honeywell International during the 3rd quarter worth about $41,000. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Stock Performance

Shares of Honeywell International stock opened at $222.58 on Friday. 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 business’s 50 day moving average price is $227.00 and its 200 day moving average price is $214.36. The company has a market cap of $144.73 billion, a price-to-earnings ratio of 25.70, a PEG 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.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HON. Hsbc Global Res raised Honeywell International to a “strong-buy” rating in a report on Wednesday, December 11th. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. Robert W. Baird cut shares of Honeywell International from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $223.00 to $217.00 in a research note on Friday, October 25th. JPMorgan Chase & Co. reduced their price objective on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Citigroup dropped their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Eleven research 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’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average 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.