Honeywell International Inc. (NYSE:HON) – Equities researchers at Oppenheimer Holdings issued their Q1 2018 earnings per share estimates for Honeywell International in a report released on Sunday. Oppenheimer Holdings analyst C. Glynn anticipates that the conglomerate will earn $1.78 per share for the quarter. Oppenheimer Holdings has a “Outperform” rating and a $155.00 price objective on the stock. Oppenheimer Holdings also issued estimates for Honeywell International’s Q2 2018 earnings at $1.94 EPS, Q3 2018 earnings at $1.94 EPS and Q4 2018 earnings at $2.10 EPS.

Several other brokerages also recently weighed in on HON. Zacks Investment Research raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $155.00 target price on the stock in a research note on Thursday, August 17th. Deutsche Bank AG reiterated a “buy” rating and set a $154.00 price target on shares of Honeywell International in a report on Thursday, September 21st. Royal Bank Of Canada boosted their price target on shares of Honeywell International from $148.00 to $156.00 and gave the stock an “outperform” rating in a report on Monday. Jefferies Group LLC reiterated a “buy” rating and set a $155.00 price target on shares of Honeywell International in a report on Thursday, September 28th. Finally, Credit Suisse Group reiterated a “neutral” rating and set a $139.00 price target (up previously from $131.00) on shares of Honeywell International in a report on Tuesday, July 25th. One investment analyst has rated the stock with a hold rating and seventeen have given a buy rating to the stock. Honeywell International has an average rating of “Buy” and a consensus target price of $150.79.

COPYRIGHT VIOLATION NOTICE: This story was first reported by American Banking News and is the property of of American Banking News. If you are viewing this story on another website, it was illegally copied and reposted in violation of international trademark and copyright legislation. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/10/24/research-analysts-offer-predictions-for-honeywell-international-inc-s-q1-2018-earnings-hon.html.

Honeywell International (NYSE HON) traded up 0.38% during trading on Tuesday, hitting $146.47. 823,901 shares of the stock were exchanged. Honeywell International has a 12 month low of $107.51 and a 12 month high of $147.00. The stock’s 50 day moving average price is $141.01 and its 200 day moving average price is $135.36. The stock has a market cap of $111.40 billion, a P/E ratio of 22.71 and a beta of 0.95.

Honeywell International (NYSE:HON) last released its quarterly earnings data on Friday, October 20th. The conglomerate reported $1.75 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.75. Honeywell International had a net margin of 12.85% and a return on equity of 26.26%. The firm had revenue of $10.12 billion for the quarter, compared to the consensus estimate of $10.05 billion. During the same period last year, the firm earned $1.60 earnings per share. The company’s quarterly revenue was up 3.2% on a year-over-year basis.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 17th will be issued a $0.745 dividend. This is a boost from Honeywell International’s previous quarterly dividend of $0.67. The ex-dividend date is Thursday, November 16th. This represents a $2.98 annualized dividend and a dividend yield of 2.04%. Honeywell International’s dividend payout ratio is presently 40.30%.

In other news, VP Jennifer H. Mak sold 420 shares of the company’s stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $136.66, for a total value of $57,397.20. Following the completion of the transaction, the vice president now owns 1,363 shares in the company, valued at approximately $186,267.58. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Katherine L. Adams sold 1,000 shares of the company’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $137.24, for a total transaction of $137,240.00. Following the completion of the transaction, the senior vice president now owns 180,211 shares of the company’s stock, valued at approximately $24,732,157.64. The disclosure for this sale can be found here. In the last 90 days, insiders sold 354,108 shares of company stock valued at $48,886,463. Company insiders own 1.56% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the stock. Hanson McClain Inc. raised its position in Honeywell International by 0.4% in the 1st quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after purchasing an additional 3 shares during the last quarter. Addison Capital Co raised its position in Honeywell International by 0.3% in the 2nd quarter. Addison Capital Co now owns 2,643 shares of the conglomerate’s stock valued at $352,000 after purchasing an additional 7 shares during the last quarter. Keel Point LLC raised its position in Honeywell International by 0.3% in the 1st quarter. Keel Point LLC now owns 3,487 shares of the conglomerate’s stock valued at $435,000 after purchasing an additional 10 shares during the last quarter. Hudock Capital Group LLC raised its position in Honeywell International by 0.3% in the 2nd quarter. Hudock Capital Group LLC now owns 4,041 shares of the conglomerate’s stock valued at $538,000 after purchasing an additional 14 shares during the last quarter. Finally, Rowland & Co. Investment Counsel ADV raised its position in Honeywell International by 0.4% in the 2nd quarter. Rowland & Co. Investment Counsel ADV now owns 3,735 shares of the conglomerate’s stock valued at $499,000 after purchasing an additional 14 shares during the last quarter. Hedge funds and other institutional investors own 75.81% of the company’s stock.

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.

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

Receive News & Ratings for Honeywell International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.