Honeywell International Inc. (NYSE:HON) – Stock analysts at Jefferies Group issued their Q4 2017 earnings per share (EPS) estimates for Honeywell International in a report issued on Monday. Jefferies Group analyst S. Kahyaoglu forecasts that the conglomerate will post earnings of $1.84 per share for the quarter. Jefferies Group currently has a “Buy” rating and a $155.00 target price on the stock. Jefferies Group also issued estimates for Honeywell International’s FY2018 earnings at $7.75 EPS, FY2019 earnings at $8.20 EPS and FY2020 earnings at $8.75 EPS.

Several other equities research analysts also recently commented on HON. BidaskClub downgraded Honeywell International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 28th. Cowen and Company restated a “buy” rating and set a $140.00 price target on shares of Honeywell International in a research note on Monday, July 17th. Zacks Investment Research downgraded Honeywell International from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Royal Bank Of Canada boosted their price target on Honeywell International from $145.00 to $148.00 and gave the company an “outperform” rating in a research note on Monday, July 24th. Finally, Oppenheimer Holdings, Inc. boosted their price target on Honeywell International from $148.00 to $155.00 and gave the company an “outperform” rating in a research note on Monday, July 24th. One equities research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $150.79.

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Honeywell International (NYSE HON) traded down 0.3464% during trading on Wednesday, reaching $145.6138. 300,289 shares of the company traded hands. Honeywell International has a 52 week low of $107.51 and a 52 week high of $147.00. The company’s 50-day moving average price is $141.15 and its 200 day moving average price is $135.52. The firm has a market capitalization of $110.75 billion, a price-to-earnings ratio of 22.5793 and a beta of 0.95.

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

A number of large investors have recently added to or reduced their stakes in the stock. Aperio Group LLC raised its holdings in Honeywell International by 4.6% during the 3rd quarter. Aperio Group LLC now owns 559,611 shares of the conglomerate’s stock valued at $79,319,000 after buying an additional 24,815 shares during the period. Braun Stacey Associates Inc. raised its holdings in Honeywell International by 14.2% during the 3rd quarter. Braun Stacey Associates Inc. now owns 77,197 shares of the conglomerate’s stock valued at $10,942,000 after buying an additional 9,604 shares during the period. Trust Co. of Vermont raised its holdings in Honeywell International by 5.6% during the 3rd quarter. Trust Co. of Vermont now owns 54,002 shares of the conglomerate’s stock valued at $7,654,000 after buying an additional 2,853 shares during the period. Huntington National Bank raised its holdings in Honeywell International by 0.8% during the 3rd quarter. Huntington National Bank now owns 430,169 shares of the conglomerate’s stock valued at $60,972,000 after buying an additional 3,210 shares during the period. Finally, TIAA FSB raised its holdings in Honeywell International by 1.3% during the 3rd quarter. TIAA FSB now owns 141,955 shares of the conglomerate’s stock valued at $20,121,000 after buying an additional 1,798 shares during the period. Institutional investors own 75.81% of the company’s stock.

In related news, SVP Katherine L. Adams sold 1,000 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $137.24, for a total transaction of $137,240.00. Following the sale, the senior vice president now owns 180,211 shares in the company, valued at approximately $24,732,157.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Jennifer H. Mak sold 420 shares of the 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 sale, the vice president now owns 1,363 shares in the company, valued at approximately $186,267.58. The disclosure for this sale can be found here. Insiders have sold a total of 354,108 shares of company stock worth $48,886,463 over the last ninety days. Insiders own 1.56% of the company’s stock.

The company 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 represents a $2.98 annualized dividend and a dividend yield of 2.04%. This is a boost from Honeywell International’s previous quarterly dividend of $0.67. The ex-dividend date is Thursday, November 16th. Honeywell International’s dividend payout ratio is 40.30%.

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.

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

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