Whittier Trust Co. Has $60.03 Million Holdings in Honeywell International Inc. $HON

Whittier Trust Co. lifted its position in shares of Honeywell International Inc. (NASDAQ:HON) by 1.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 287,135 shares of the conglomerate’s stock after purchasing an additional 5,417 shares during the quarter. Honeywell International accounts for 0.7% of Whittier Trust Co.’s investment portfolio, making the stock its 27th largest holding. Whittier Trust Co.’s holdings in Honeywell International were worth $60,026,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC lifted its holdings in shares of Honeywell International by 9.1% in the fourth quarter. Brighton Jones LLC now owns 19,047 shares of the conglomerate’s stock valued at $4,302,000 after purchasing an additional 1,582 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in Honeywell International by 145.7% during the 1st quarter. Acadian Asset Management LLC now owns 4,433 shares of the conglomerate’s stock worth $937,000 after acquiring an additional 2,629 shares during the last quarter. Investment Partners Asset Management Inc. bought a new stake in shares of Honeywell International in the 2nd quarter worth $214,000. Patton Fund Management Inc. bought a new position in shares of Honeywell International during the second quarter valued at about $257,000. Finally, Cove Private Wealth LLC grew its position in Honeywell International by 53.7% in the 2nd quarter. Cove Private Wealth LLC now owns 4,675 shares of the conglomerate’s stock worth $1,089,000 after purchasing an additional 1,633 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on HON. Morgan Stanley cut their price objective on Honeywell International from $245.00 to $235.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 28th. Vertical Research downgraded shares of Honeywell International from a “buy” rating to a “hold” rating and set a $220.00 price objective for the company. in a report on Monday, January 5th. DZ Bank reduced their target price on shares of Honeywell International from $248.00 to $237.00 in a research report on Tuesday, December 23rd. Evercore ISI assumed coverage on shares of Honeywell International in a report on Monday, December 15th. They issued an “outperform” rating and a $255.00 price target on the stock. Finally, Rothschild & Co Redburn decreased their target price on Honeywell International from $240.00 to $222.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Eleven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $237.67.

Honeywell International Stock Down 0.5%

Shares of NASDAQ:HON opened at $221.46 on Friday. The company has a market cap of $140.60 billion, a price-to-earnings ratio of 23.34, a PEG ratio of 2.43 and a beta of 0.95. Honeywell International Inc. has a one year low of $169.21 and a one year high of $228.04. The firm has a fifty day moving average price of $199.33 and a two-hundred day moving average price of $209.36. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.36 and a quick ratio of 1.04.

Honeywell International (NASDAQ:HON) last posted its earnings results on Thursday, October 23rd. The conglomerate reported $2.82 EPS for the quarter, topping the consensus estimate of $2.57 by $0.25. Honeywell International had a return on equity of 38.11% and a net margin of 15.07%.The business had revenue of $10.41 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same period in the previous year, the business earned $2.58 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. Analysts anticipate that Honeywell International Inc. will post 10.34 EPS for the current fiscal year.

Honeywell International Profile

Honeywell International Inc is a diversified, publicly traded multinational conglomerate (NASDAQ: HON) that designs and manufactures a wide range of commercial and consumer products, engineering services and aerospace systems. The company operates through major business platforms that historically include Aerospace; Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. Its portfolio spans avionics and propulsion systems, building controls and HVAC equipment, process technologies and advanced materials, industrial automation software, and personal protective equipment and scanning solutions.

Honeywell’s aerospace business supplies aircraft manufacturers and operators with engines and auxiliary power units, avionics, flight safety systems and aftermarket services.