Honeywell International (NYSE:HON) will issue its quarterly earnings data before the market opens on Friday, January 26th. Analysts expect the company to announce earnings of $1.84 per share for the quarter.

Honeywell International (NYSE:HON) last released its quarterly earnings results on Friday, October 20th. The conglomerate reported $1.75 EPS for the quarter, meeting the Thomson Reuters’ 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 during the quarter, compared to analyst estimates of $10.05 billion. During the same quarter in the prior year, the firm earned $1.60 EPS. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. On average, analysts expect Honeywell International to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Shares of Honeywell International (NYSE HON) opened at $157.78 on Friday. Honeywell International has a 52-week low of $116.98 and a 52-week high of $159.85. The company has a market cap of $119,410.00, a PE ratio of 23.91, a PEG ratio of 2.41 and a beta of 0.99. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.09 and a current ratio of 1.35.

Honeywell International announced that its board has approved a stock buyback plan on Friday, December 8th that allows the company to buyback $6.50 billion in shares. This buyback authorization allows the conglomerate to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

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

A number of hedge funds have recently bought and sold shares of HON. Ontario Teachers Pension Plan Board boosted its stake in Honeywell International by 31.6% in the 2nd quarter. Ontario Teachers Pension Plan Board now owns 91,728 shares of the conglomerate’s stock worth $12,226,000 after purchasing an additional 22,044 shares during the period. Global Financial Private Capital LLC boosted its stake in Honeywell International by 8.0% in the 2nd quarter. Global Financial Private Capital LLC now owns 12,192 shares of the conglomerate’s stock worth $1,625,000 after purchasing an additional 904 shares during the period. Sun Life Financial INC boosted its stake in Honeywell International by 29,903.9% in the 2nd quarter. Sun Life Financial INC now owns 15,302 shares of the conglomerate’s stock worth $2,043,000 after purchasing an additional 15,251 shares during the period. Meridian Investment Counsel Inc. boosted its stake in Honeywell International by 0.4% in the 2nd quarter. Meridian Investment Counsel Inc. now owns 7,972 shares of the conglomerate’s stock worth $1,063,000 after purchasing an additional 31 shares during the period. Finally, L & S Advisors Inc boosted its stake in Honeywell International by 2.1% in the 2nd quarter. L & S Advisors Inc now owns 53,599 shares of the conglomerate’s stock worth $7,144,000 after purchasing an additional 1,102 shares during the period. Institutional investors and hedge funds own 76.36% of the company’s stock.

Several research firms have recently commented on HON. Jefferies Group reaffirmed a “buy” rating and set a $155.00 price target on shares of Honeywell International in a research report on Thursday, September 28th. Robert W. Baird reaffirmed a “buy” rating and set a $156.00 price target (up previously from $140.00) on shares of Honeywell International in a research report on Wednesday, October 11th. Royal Bank of Canada lowered shares of Honeywell International from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from $163.00 to $158.00 in a research report on Wednesday, January 3rd. They noted that the move was a valuation call. Morgan Stanley upped their price target on shares of Honeywell International from $145.00 to $149.00 and gave the company an “overweight” rating in a research report on Friday, September 22nd. Finally, Stifel Nicolaus reduced their price target on shares of Honeywell International from $171.00 to $169.00 and set a “buy” rating for the company in a research report on Thursday, December 14th. Three equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $160.14.

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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 for Honeywell International (NYSE:HON)

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