A number of research firms have changed their ratings and price targets for Honeywell International (NYSE: HON):

  • 12/14/2017 – Honeywell International had its price target raised by analysts at Royal Bank of Canada to $163.00. They now have an “outperform” rating on the stock.
  • 12/14/2017 – Honeywell International had its price target raised by analysts at Jefferies Group LLC from $162.00 to $180.00. They now have a “buy” rating on the stock.
  • 12/14/2017 – Honeywell International had its price target raised by analysts at Oppenheimer Holdings Inc. from $155.00 to $168.00. They now have an “outperform” rating on the stock.
  • 12/14/2017 – Honeywell International had its price target lowered by analysts at Stifel Nicolaus from $171.00 to $169.00. They now have a “buy” rating on the stock.
  • 12/14/2017 – Honeywell International was given a new $180.00 price target on by analysts at Citigroup Inc.. They now have a “buy” rating on the stock.
  • 11/30/2017 – Honeywell International was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “With a flexible yet disciplined focus on cost and productivity, Honeywell’s diversified business portfolio has the potential to earn consistent above-average returns and mitigate operating risks through a balanced organic and inorganic model. A diligent focus on working capital management, free cash flow generation and a conservative balance sheet remain key positives. The company also outperformed the industry year to date. However, adverse foreign currency translations, high R&D expenses and volatility in commodity prices are likely to peg back its growth momentum to some extent. Although the company’s proactive restructuring initiatives have positioned it to navigate better than many of its peers, it is yet to witness signs of stabilization in a number of its major end markets. A change in the U.S. government’s defense and aerospace funding could also adversely impact sales of the Aerospace business.”
  • 11/28/2017 – Honeywell International had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $171.00 price target on the stock.
  • 10/23/2017 – Honeywell International had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $150.00 price target on the stock, up previously from $141.00.
  • 10/23/2017 – Honeywell International had its price target raised by analysts at Royal Bank of Canada from $148.00 to $156.00. They now have an “outperform” rating on the stock.
  • 10/20/2017 – Honeywell International had its “buy” rating reaffirmed by analysts at Vertical Research.
  • 10/19/2017 – Honeywell International had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $150.00 price target on the stock.

Honeywell International Inc. (NYSE:HON) opened at $153.23 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.35 and a quick ratio of 1.09. The company has a market cap of $116,323.64, a PE ratio of 22.11, a PEG ratio of 2.36 and a beta of 0.99. Honeywell International Inc. has a fifty-two week low of $113.60 and a fifty-two week high of $156.70.

Honeywell International (NYSE:HON) last posted its earnings results on Friday, October 20th. The conglomerate reported $1.75 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.75. The firm 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%. Honeywell International’s revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.60 EPS. analysts anticipate that Honeywell International Inc. will post 7.06 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 8th. Shareholders of record on Friday, November 17th were paid a dividend of $0.745 per share. This represents a $2.98 dividend on an annualized basis and a yield of 1.94%. This is a positive change from Honeywell International’s previous quarterly dividend of $0.67. The ex-dividend date was Thursday, November 16th. Honeywell International’s payout ratio is presently 45.15%.

In related news, Director Bradley T. Sheares sold 1,328 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $146.41, for a total value of $194,432.48. Following the sale, the director now directly owns 4,002 shares in the company, valued at approximately $585,932.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Krishna Mikkilineni sold 13,074 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $145.12, for a total transaction of $1,897,298.88. Following the completion of the sale, the vice president now owns 104,998 shares in the company, valued at $15,237,309.76. The disclosure for this sale can be found here. Insiders own 1.56% of the company’s stock.

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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