Orrstown Financial Services Inc. Has $865,000 Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Orrstown Financial Services Inc. increased its stake in Honeywell International Inc. (NASDAQ:HON) by 22.6% during the fourth quarter, Holdings Channel reports. The firm owned 3,831 shares of the conglomerate’s stock after acquiring an additional 705 shares during the period. Orrstown Financial Services Inc.’s holdings in Honeywell International were worth $865,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of HON. Baldwin Wealth Partners LLC MA raised its holdings in shares of Honeywell International by 4.0% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 67,303 shares of the conglomerate’s stock worth $15,203,000 after buying an additional 2,611 shares in the last quarter. RIA Advisory Group LLC acquired a new position in Honeywell International during the third quarter worth about $6,124,000. Copley Financial Group Inc. bought a new position in shares of Honeywell International in the third quarter worth about $454,000. Toth Financial Advisory Corp grew its holdings in shares of Honeywell International by 11.2% during the 4th quarter. Toth Financial Advisory Corp now owns 18,395 shares of the conglomerate’s stock valued at $4,155,000 after purchasing an additional 1,859 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in Honeywell International by 2.0% during the 3rd 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. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on HON shares. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price on the stock in a research note on Wednesday, December 11th. The Goldman Sachs Group increased their target price on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Citigroup reduced their target price on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Barclays raised their price target on shares of Honeywell International from $255.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. Finally, Bank of America boosted their price objective on shares of Honeywell International from $220.00 to $240.00 and gave the stock a “neutral” rating in a research note on Thursday, November 14th. Eleven research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $248.29.

Honeywell International Trading Up 0.9 %

Shares of Honeywell International stock traded up $1.90 on Wednesday, reaching $222.60. 118,025 shares of the company’s stock were exchanged, compared to its average volume of 3,559,747. The company has a market capitalization of $144.74 billion, a P/E ratio of 25.70, a price-to-earnings-growth ratio of 2.56 and a beta of 1.06. Honeywell International Inc. has a 52 week low of $189.66 and a 52 week 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’s 50-day moving average is $226.17 and its two-hundred day moving average is $214.98.

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.