Tompkins Financial Corp Increases Holdings in Honeywell International Inc. (NASDAQ:HON)

Tompkins Financial Corp raised its stake in Honeywell International Inc. (NASDAQ:HON) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,439 shares of the conglomerate’s stock after purchasing an additional 608 shares during the quarter. Honeywell International comprises about 1.1% of Tompkins Financial Corp’s investment portfolio, making the stock its 29th biggest position. Tompkins Financial Corp’s holdings in Honeywell International were worth $11,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of HON. Edgestream Partners L.P. acquired a new position in Honeywell International during the 2nd quarter worth $1,864,000. Mercer Global Advisors Inc. ADV lifted its position in shares of Honeywell International by 9.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 86,429 shares of the conglomerate’s stock worth $18,456,000 after purchasing an additional 7,668 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its stake in Honeywell International by 2.7% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 22,284 shares of the conglomerate’s stock worth $4,759,000 after purchasing an additional 589 shares in the last quarter. Carolinas Wealth Consulting LLC increased its holdings in Honeywell International by 46.7% in the second quarter. Carolinas Wealth Consulting LLC now owns 2,562 shares of the conglomerate’s stock valued at $547,000 after buying an additional 815 shares during the last quarter. Finally, Haverford Financial Services Inc. raised its stake in Honeywell International by 20.6% during the second quarter. Haverford Financial Services Inc. now owns 65,283 shares of the conglomerate’s stock valued at $13,941,000 after buying an additional 11,143 shares in the last quarter. Institutional investors and hedge funds own 75.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Barclays decreased their target price on Honeywell International from $260.00 to $255.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. JPMorgan Chase & Co. lowered their target price on shares of Honeywell International from $233.00 to $231.00 and set a “neutral” rating for the company in a research note on Wednesday. HSBC upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $290.00 price target on the stock in a research report on Wednesday, December 11th. Jefferies Financial Group increased their price objective on shares of Honeywell International from $220.00 to $260.00 and gave the stock a “hold” rating in a research note on Tuesday, December 17th. Finally, Baird R W downgraded Honeywell International from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Eleven analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $247.93.

Honeywell International Price Performance

Shares of HON opened at $222.69 on Friday. Honeywell International Inc. has a one year low of $189.66 and a one year high of $242.77. The stock’s fifty day moving average is $226.89 and its 200-day moving average is $214.30. 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 firm has a market capitalization of $144.80 billion, a price-to-earnings ratio of 25.71, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06.

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.