Latest
Recommended
Published: Sat, October 29, 2016
Economy | By Melissa Porter

Honeywell International Inc. (HON) Upgraded at Zacks Investment Research


Citigroup Inc. reissued a "buy" rating and set a $132.00 price objective on shares of Honeywell International in a research report on Tuesday, July 26th. (NYSE:HON) dropped to -2.44% from $118.05 to $115.17.

Honeywell International (NYSE:HON) last posted its earnings results on Friday, October 21st. Honeywell International has a 52-week low of $93.71 and a 52-week high of $120.02. 0 said it's a Buy, 0 assigned Hold rating where 0 stated the stock as Underperform and 0 marked the stock as Sell. The stock has an average rating of "Buy" and an average target price of $124.50.

Honeywell International Inc. closed its last trading session at $108.14 with the gain of 0.76%. The company's 50-day moving average is $112.18 and its 200 day moving average is $114.70. Higher EPS estimate is noted at $1.70 while lowest EPS estimate among analysts is targeted at $1.57.

Market capitalization is the total market value of all of a company's outstanding shares.

This story is the sole property of American Banking News and it was originally published by American Banking News.

Earnings Surprise: According to the earnings report released for Quarter Ending Jun-16, The Company posted actual earnings of $1.66 per share whereas the Analysts projected earnings were $1.64 per share.

The present return on equity (ROE) stands at 26.70%, while the debt to equity is at 0.83.

HONEYWELL INTERNATIONAL INC. (HON) received consensus recommendation of "Outperform" from Analysts polled at Thomson Reuters. The stock has added about 1% since it reported its last earnings. The company pays a US$0.595-cent-per-share quarterly dividend, giving it a 2.19% yield.

Honeywell International Inc. (NYSE:HON) shares now have a mean rating of 1.80 while 0 analysts have recommended the shares as "BUY", 0 commented as "OUTPERFORM" and 0 commented as "HOLD".

In other news, Vice Chairman Andreas Kramvis sold 1,850 shares of Honeywell International stock in a transaction that occurred on Thursday, July 28th. Following the completion of the sale, the insider now directly owns 68,398 shares in the company, valued at $7,954,003.42. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Timothy O. Mahoney sold 600 shares of Honeywell International stock in a transaction that occurred on Thursday, August 4th. The stock was sold at an average price of $115.54, for a total transaction of $32,004.58. The disclosure for this sale can be found here. In the matter of earnings surprises, it can have a huge impact on a company's stock price.

A number of research firms have recently commented on HON. CWM LLC increased its stake in Honeywell International by 47.1% in the third quarter. Adams Katherine L. offloaded 108,712 shares in the company at a per-share price of $116.13 and ended up generating $12,624,720 in proceeds. Reilly Financial Advisors LLC increased its stake in Honeywell International by 1.1% in the third quarter.

"10" Analysts are expecting that the company to declare next quarterly earnings of $1.64 per share for period Quarter Ending Mar-17. Schwab Charles Investment Management Inc. now owns 2,118,814 shares of the company's stock valued at $246,461,000 after buying an additional 56,458 shares during the period. Credit Agricole S A increased its stake in shares of Honeywell International by 9.9% in the first quarter. First Personal Financial Services now owns 974 shares of the company's stock worth $113,000 after buying an additional 547 shares during the last quarter. Finally, Bruderman Asset Management LLC raised its stake in Honeywell International by 19.6% in the second quarter. Bruderman Asset Management LLC now owns 1,048 shares of the company's stock valued at $122,000 after buying an additional 172 shares during the last quarter.

Like this: