Honeywell International Inc. (NYSE:HON)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank AG in a report released on Thursday. They presently have a $154.00 target price on the conglomerate’s stock. Deutsche Bank AG’s target price would indicate a potential upside of 11.04% from the company’s previous close.

Other equities research analysts have also recently issued reports about the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $155.00 price objective (up from $141.00) on shares of Honeywell International in a report on Monday, July 24th. Cowen and Company reiterated a “buy” rating and issued a $140.00 price objective on shares of Honeywell International in a report on Monday, July 17th. BidaskClub cut shares of Honeywell International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 28th. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $150.00 price objective for the company in a report on Wednesday, June 28th. Finally, HSBC Holdings plc initiated coverage on shares of Honeywell International in a report on Wednesday, June 21st. They issued a “buy” rating and a $147.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and eighteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $141.99.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, July 21st. The conglomerate reported $1.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.78 by $0.02. The firm had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.89 billion. Honeywell International had a net margin of 12.68% and a return on equity of 26.60%. Honeywell International’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the prior year, the company posted $1.70 earnings per share.

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In other news, CFO Thomas A. Szlosek sold 803 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $137.02, for a total transaction of $110,027.06. Following the completion of the transaction, the chief financial officer now owns 5,702 shares of the company’s stock, valued at $781,288.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Rajeev Gautam sold 5,840 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $136.68, for a total transaction of $798,211.20. Following the transaction, the insider now directly owns 16,597 shares of the company’s stock, valued at approximately $2,268,477.96. The disclosure for this sale can be found here. Insiders have sold 354,108 shares of company stock valued at $48,886,463 in the last ninety days. 1.56% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. Hanson McClain Inc. raised its position in Honeywell International by 0.4% in the first quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock worth $101,000 after purchasing an additional 3 shares in the last quarter. Burt Wealth Advisors raised its position in Honeywell International by 65.4% in the second quarter. Burt Wealth Advisors now owns 759 shares of the conglomerate’s stock worth $101,000 after purchasing an additional 300 shares in the last quarter. Guidant Wealth Advisors raised its position in Honeywell International by 15.8% in the second quarter. Guidant Wealth Advisors now owns 764 shares of the conglomerate’s stock worth $102,000 after purchasing an additional 104 shares in the last quarter. Mosaic Family Wealth LLC raised its position in Honeywell International by 11.4% in the second quarter. Mosaic Family Wealth LLC now owns 762 shares of the conglomerate’s stock worth $102,000 after purchasing an additional 78 shares in the last quarter. Finally, Jolley Asset Management LLC raised its position in Honeywell International by 6.9% in the second quarter. Jolley Asset Management LLC now owns 775 shares of the conglomerate’s stock worth $103,000 after purchasing an additional 50 shares in the last quarter. 75.77% of the stock is owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Honeywell International (NYSE:HON)

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