Fulton Bank N.A. Raises Holdings in Honeywell International Inc. (NASDAQ:HON)

Fulton Bank N.A. grew its holdings in shares of Honeywell International Inc. (NASDAQ:HON) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,514 shares of the conglomerate’s stock after purchasing an additional 140 shares during the quarter. Fulton Bank N.A.’s holdings in Honeywell International were worth $3,956,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. 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 worth $6,413,570,000 after purchasing an additional 92,112 shares during the last quarter. Wellington Management Group LLP raised its position in Honeywell International by 8.4% in 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 purchasing an additional 1,376,479 shares during the period. Geode Capital Management LLC boosted its position 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 worth $2,959,535,000 after buying an additional 547,998 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Honeywell International by 3.9% in the second quarter. Ameriprise Financial Inc. now owns 8,365,840 shares of the conglomerate’s stock valued at $1,786,449,000 after buying an additional 310,807 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Honeywell International by 0.9% in the 2nd quarter. Legal & General Group Plc now owns 4,910,551 shares of the conglomerate’s stock valued at $1,048,600,000 after buying an additional 42,305 shares during the period. Hedge funds and other institutional investors own 75.91% of the company’s stock.

Honeywell International Stock Down 0.2 %

Shares of HON stock traded down $0.40 during trading on Wednesday, hitting $220.23. 789,842 shares of the company were exchanged, compared to its average volume of 2,462,066. The firm has a market capitalization of $143.20 billion, a price-to-earnings ratio of 25.43, a P/E/G ratio of 2.85 and a beta of 1.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.12 and a current ratio of 1.44. The business’s 50-day simple moving average is $225.61 and its 200 day simple moving average is $214.10. Honeywell International Inc. has a twelve month low of $189.66 and a twelve month high of $242.77.

Wall Street Analysts Forecast Growth

HON has been the topic of a number of recent research reports. Wolfe Research lowered shares of Honeywell International from an “outperform” rating to a “peer perform” rating in a research note on Monday, October 28th. HSBC raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price objective on the stock in a research report on Wednesday, December 11th. Jefferies Financial Group boosted their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the company a “hold” rating in a research note on Tuesday, December 17th. Baird R W cut Honeywell International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $253.00 price objective on shares of Honeywell International in a research note on Tuesday, December 3rd. Eleven research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Honeywell International presently has a consensus rating of “Hold” and an average price target of $248.21.

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.