Bank of New Hampshire Lowers Position in Honeywell International Inc. (NASDAQ:HON)

Bank of New Hampshire reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 5.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,440 shares of the conglomerate’s stock after selling 153 shares during the quarter. Bank of New Hampshire’s holdings in Honeywell International were worth $551,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. State Street Corp increased its position in shares of Honeywell International by 0.3% during the 3rd quarter. State Street Corp now owns 31,026,897 shares of the conglomerate’s stock valued at $6,413,570,000 after purchasing an additional 92,112 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Honeywell International by 8.4% during the 3rd quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after purchasing an additional 1,376,479 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Honeywell International by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after purchasing an additional 547,998 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Honeywell International by 3.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock worth $1,786,449,000 after acquiring an additional 310,807 shares during the period. Finally, Legal & General Group Plc grew its stake in shares of Honeywell International by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock worth $1,048,600,000 after acquiring an additional 42,305 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HON has been the subject of several research reports. Jefferies Financial Group increased their price target on Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. UBS Group reiterated a “buy” rating and set a $298.00 price target (up previously from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Citigroup increased their price target on Honeywell International from $244.00 to $268.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Wells Fargo & Company raised their target price on Honeywell International from $215.00 to $254.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 13th. Finally, HSBC upgraded Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 target price for the company in a research note on Wednesday, December 11th. Eleven 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $249.57.

Honeywell International Price Performance

Shares of NASDAQ HON traded up $0.24 during trading hours on Tuesday, reaching $221.98. 297,333 shares of the stock traded hands, compared to its average volume of 2,214,554. The company has a market capitalization of $144.34 billion, a P/E ratio of 25.63, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. Honeywell International Inc. has a 52-week low of $189.66 and a 52-week high of $242.77. The company’s 50-day simple moving average is $225.32 and its two-hundred day simple moving average is $214.06.

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.