CHICAGO TRUST Co NA Raises Stake in Honeywell International Inc. (NASDAQ:HON)

CHICAGO TRUST Co NA grew its stake in shares of Honeywell International Inc. (NASDAQ:HON) by 12.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,325 shares of the conglomerate’s stock after purchasing an additional 1,652 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Honeywell International were worth $3,462,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Capital Wealth Planning LLC bought a new position in shares of Honeywell International during the second quarter valued at $392,478,000. Wellington Management Group LLP increased its holdings in shares of Honeywell International by 8.4% during the third quarter. Wellington Management Group LLP now owns 17,826,700 shares of the conglomerate’s stock valued at $3,684,957,000 after acquiring an additional 1,376,479 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of Honeywell International by 24,683.3% during the third quarter. International Assets Investment Management LLC now owns 948,704 shares of the conglomerate’s stock valued at $1,961,070,000 after acquiring an additional 944,876 shares in the last quarter. Mizuho Securities USA LLC increased its holdings in shares of Honeywell International by 1,147.0% during the third quarter. Mizuho Securities USA LLC now owns 626,071 shares of the conglomerate’s stock valued at $129,415,000 after acquiring an additional 575,865 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Honeywell International by 4.0% during the third quarter. Geode Capital Management LLC now owns 14,360,730 shares of the conglomerate’s stock valued at $2,959,535,000 after acquiring an additional 547,998 shares in the last quarter. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Performance

Shares of NASDAQ:HON traded up $1.24 during trading on Monday, hitting $219.43. The stock had a trading volume of 477,561 shares, compared to its average volume of 2,670,436. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The stock has a market capitalization of $142.68 billion, a price-to-earnings ratio of 25.34, 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. The stock has a 50-day simple moving average of $226.40 and a two-hundred day simple moving average of $214.20.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HON. Barclays reduced their price objective on Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Jefferies Financial Group boosted their price objective on Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. The Goldman Sachs Group boosted their price objective on Honeywell International from $227.00 to $256.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $253.00 price objective on shares of Honeywell International in a research note on Tuesday, December 3rd. Eleven equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $248.21.

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.