Field & Main Bank Grows Stock Holdings in Honeywell International Inc. (NASDAQ:HON)

Field & Main Bank raised its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,230 shares of the conglomerate’s stock after buying an additional 150 shares during the quarter. Honeywell International comprises about 1.2% of Field & Main Bank’s investment portfolio, making the stock its 20th biggest holding. Field & Main Bank’s holdings in Honeywell International were worth $3,440,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in HON. ZWJ Investment Counsel Inc. boosted its stake in Honeywell International by 3.4% during the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,448 shares of the conglomerate’s stock worth $327,000 after purchasing an additional 47 shares during the last quarter. Magnus Financial Group LLC grew its stake in Honeywell International by 0.5% during the 4th quarter. Magnus Financial Group LLC now owns 8,936 shares of the conglomerate’s stock valued at $2,019,000 after acquiring an additional 48 shares in the last quarter. Absher Wealth Management LLC raised its holdings in Honeywell International by 2.5% in the 3rd quarter. Absher Wealth Management LLC now owns 1,999 shares of the conglomerate’s stock valued at $413,000 after acquiring an additional 49 shares during the last quarter. Bill Few Associates Inc. lifted its stake in shares of Honeywell International by 0.3% in the 4th quarter. Bill Few Associates Inc. now owns 15,601 shares of the conglomerate’s stock valued at $3,524,000 after purchasing an additional 49 shares during the last quarter. Finally, ZRC Wealth Management LLC increased its position in shares of Honeywell International by 11.6% during the 3rd quarter. ZRC Wealth Management LLC now owns 480 shares of the conglomerate’s stock worth $99,000 after purchasing an additional 50 shares during the last quarter. 75.91% of the stock is owned by institutional investors.

Honeywell International Price Performance

HON stock opened at $222.32 on Wednesday. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 1.44. The stock’s 50 day moving average is $226.17 and its two-hundred day moving average is $214.98. The company has a market capitalization of $144.56 billion, a PE ratio of 25.61, a P/E/G 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.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on HON shares. Citigroup dropped their price target on shares of Honeywell International from $268.00 to $266.00 and set a “buy” rating for the company in a research report on Monday, January 13th. UBS Group restated a “buy” rating and set a $298.00 price target (up from $215.00) on shares of Honeywell International in a research note on Wednesday, November 13th. Bank of America lifted their target price on Honeywell International from $220.00 to $240.00 and gave the company a “neutral” rating in a research report on Thursday, November 14th. Jefferies Financial Group upped 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. Finally, Barclays lifted their target price on Honeywell International from $255.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Eleven investment 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $248.29.

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.