Enterprise Bank & Trust Co Sells 213 Shares of Honeywell International Inc. (NASDAQ:HON)

Enterprise Bank & Trust Co lessened its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,247 shares of the conglomerate’s stock after selling 213 shares during the period. Honeywell International makes up approximately 1.0% of Enterprise Bank & Trust Co’s investment portfolio, making the stock its 27th largest position. Enterprise Bank & Trust Co’s holdings in Honeywell International were worth $2,992,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. RIA Advisory Group LLC acquired a new stake in Honeywell International during the third quarter worth about $6,124,000. Copley Financial Group Inc. acquired a new stake in shares of Honeywell International during the 3rd quarter worth approximately $454,000. EP Wealth Advisors LLC raised its position in Honeywell International by 4.4% during the second quarter. EP Wealth Advisors LLC now owns 337,380 shares of the conglomerate’s stock valued at $72,044,000 after purchasing an additional 14,271 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in Honeywell International by 2.0% during the third 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 during the last quarter. Finally, SteelPeak Wealth LLC boosted its holdings in shares of Honeywell International by 255.2% in the 3rd quarter. SteelPeak Wealth LLC now owns 73,529 shares of the conglomerate’s stock valued at $15,199,000 after purchasing an additional 52,830 shares in the last quarter. Institutional investors own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Wolfe Research downgraded Honeywell International from an “outperform” rating to a “peer perform” rating in a research report on Monday, October 28th. Wells Fargo & Company reduced their price target on shares of Honeywell International from $254.00 to $240.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. JPMorgan Chase & Co. lowered their price objective on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Hsbc Global Res raised shares of Honeywell International to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Jefferies Financial Group upped 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. 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.com, the stock has an average rating of “Hold” and a consensus price target of $248.07.

Honeywell International Trading Up 0.6 %

Shares of Honeywell International stock traded up $1.32 on Monday, hitting $219.51. 3,439,274 shares of the company’s stock traded hands, compared to its average volume of 3,069,918. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.44 and a quick ratio of 1.12. The company has a fifty day moving average of $226.40 and a two-hundred day moving average of $214.20. The company has a market capitalization of $142.74 billion, a price-to-earnings ratio of 25.35, a price-to-earnings-growth ratio of 2.85 and a beta of 1.06.

Honeywell International 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.