Honeywell International Inc. (NYSE:HON) has received an average recommendation of “Buy” from the eighteen research firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and sixteen have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $151.77.
HON has been the subject of several analyst reports. Jefferies Group reissued a “buy” rating and issued a $155.00 price target on shares of Honeywell International in a report on Tuesday, August 22nd. Zacks Investment Research raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $155.00 price target for the company in a report on Thursday, August 17th. Royal Bank Of Canada set a $148.00 price target on shares of Honeywell International and gave the company a “buy” rating in a report on Sunday, August 27th. BidaskClub raised shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, August 6th. Finally, Deutsche Bank reissued a “buy” rating and issued a $154.00 price target on shares of Honeywell International in a report on Thursday, September 21st.
In other news, VP Krishna Mikkilineni sold 13,074 shares of Honeywell International stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $145.12, for a total transaction of $1,897,298.88. Following the completion of the sale, the vice president now directly owns 104,998 shares of the company’s stock, valued at approximately $15,237,309.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bradley T. Sheares sold 1,328 shares of Honeywell International stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $146.41, for a total transaction of $194,432.48. Following the sale, the director now directly owns 4,002 shares of the company’s stock, valued at $585,932.82. The disclosure for this sale can be found here. Insiders own 1.56% of the company’s stock.
Honeywell International (NYSE:HON) traded down $1.56 during trading on Friday, reaching $154.40. 3,013,400 shares of the company were exchanged, compared to its average volume of 2,710,396. Honeywell International has a fifty-two week low of $112.17 and a fifty-two week high of $156.70. The stock has a market cap of $117,150.00, a price-to-earnings ratio of 22.22, a price-to-earnings-growth ratio of 2.37 and a beta of 0.99. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.35 and a quick ratio of 1.09.
Honeywell International (NYSE:HON) last released its quarterly earnings data on Friday, October 20th. The conglomerate reported $1.75 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.75. Honeywell International had a net margin of 12.85% and a return on equity of 26.26%. The business had revenue of $10.12 billion during the quarter, compared to analyst estimates of $10.05 billion. During the same period in the previous year, the business earned $1.60 EPS. Honeywell International’s revenue was up 3.2% compared to the same quarter last year. equities research analysts anticipate that Honeywell International will post 7.06 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be issued a dividend of $0.745 per share. This is an increase from Honeywell International’s previous quarterly dividend of $0.67. This represents a $2.98 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Thursday, November 16th. Honeywell International’s payout ratio is currently 45.15%.
Honeywell International Company Profile
Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.
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