Equities research analysts predict that Honeywell International Inc. (NYSE:HON) will announce earnings per share of $1.78 for the current quarter, according to Zacks Investment Research. Seven analysts have issued estimates for Honeywell International’s earnings. The highest EPS estimate is $1.79 and the lowest is $1.76. Honeywell International reported earnings of $1.66 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 7.2%. The company is expected to report its next earnings results before the market opens on Friday, July 21st.

On average, analysts expect that Honeywell International will report full year earnings of $7.03 per share for the current financial year, with EPS estimates ranging from $6.95 to $7.10. For the next year, analysts expect that the company will report earnings of $7.67 per share, with EPS estimates ranging from $7.50 to $7.80. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Honeywell International.

Honeywell International (NYSE:HON) last issued its earnings results on Friday, April 21st. The conglomerate reported $1.66 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.62 by $0.04. Honeywell International had a return on equity of 26.58% and a net margin of 12.43%. The firm had revenue of $9.49 billion for the quarter, compared to analysts’ expectations of $9.33 billion. During the same quarter last year, the firm earned $1.56 earnings per share. The firm’s revenue for the quarter was down .3% compared to the same quarter last year.

HON has been the subject of a number of research analyst reports. BidaskClub lowered shares of Honeywell International from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 28th. Zacks Investment Research raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $150.00 price objective for the company in a research report on Wednesday, June 28th. Morgan Stanley reaffirmed an “overweight” rating and set a $141.00 price objective (up previously from $137.00) on shares of Honeywell International in a research report on Thursday, June 22nd. HSBC Holdings plc initiated coverage on shares of Honeywell International in a research report on Wednesday, June 21st. They set a “buy” rating and a $147.00 price objective for the company. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Honeywell International in a research report on Friday, May 26th. One analyst has rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $135.81.

Shares of Honeywell International (HON) traded up 0.30% during mid-day trading on Wednesday, hitting $134.62. The stock had a trading volume of 631,988 shares. The firm’s 50 day moving average price is $133.12 and its 200-day moving average price is $125.43. The company has a market cap of $102.63 billion, a PE ratio of 21.20 and a beta of 0.95. Honeywell International has a one year low of $105.25 and a one year high of $135.90. Honeywell International also was the recipient of unusually large options trading activity on Monday. Stock traders acquired 7,655 call options on the company. This is an increase of approximately 707% compared to the typical volume of 948 call options.

In other news, CFO Thomas A. Szlosek sold 36,080 shares of the stock in a transaction that occurred on Monday, May 8th. The shares were sold at an average price of $131.16, for a total transaction of $4,732,252.80. Following the sale, the chief financial officer now directly owns 2,160 shares of the company’s stock, valued at $283,305.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Mark R. James sold 116,441 shares of the stock in a transaction that occurred on Wednesday, April 26th. The shares were sold at an average price of $130.47, for a total transaction of $15,192,057.27. Following the sale, the senior vice president now directly owns 240,826 shares in the company, valued at $31,420,568.22. The disclosure for this sale can be found here. Insiders have sold 1,253,667 shares of company stock worth $164,049,416 over the last three months. 1.56% of the stock is owned by insiders.

Hedge funds have recently added to or reduced their stakes in the stock. Crestwood Advisors Group LLC bought a new stake in Honeywell International during the first quarter valued at approximately $100,000. Peoples Financial Services CORP. boosted its stake in Honeywell International by 62.2% in the first quarter. Peoples Financial Services CORP. now owns 811 shares of the conglomerate’s stock valued at $101,000 after buying an additional 311 shares during the period. Hanson McClain Inc. boosted its stake in Honeywell International by 0.4% in the first quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after buying an additional 3 shares during the period. SRS Capital Advisors Inc. bought a new stake in Honeywell International during the fourth quarter valued at approximately $114,000. Finally, MCF Advisors LLC boosted its stake in Honeywell International by 55.8% in the first quarter. MCF Advisors LLC now owns 935 shares of the conglomerate’s stock valued at $117,000 after buying an additional 335 shares during the period. 76.31% of the stock is currently owned by institutional investors and hedge funds.

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About Honeywell International

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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Earnings History and Estimates for Honeywell International (NYSE:HON)

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