Honeywell International (NYSE:HON) had its price target increased by Barclays from $177.00 to $186.00 in a research note released on Tuesday morning, BenzingaRatingsTable reports. The firm currently has an overweight rating on the conglomerate’s stock.
Other equities analysts also recently issued reports about the company. Deutsche Bank upped their price target on Keysight Technologies from $100.00 to $120.00 and gave the company a buy rating in a report on Monday, April 22nd. Zacks Investment Research downgraded HANNOVER RUECK/S from a hold rating to a sell rating in a report on Monday, April 22nd. Morgan Stanley downgraded Silicon Motion Technology from an equal weight rating to an underweight rating in a report on Monday, April 22nd. Credit Suisse Group reaffirmed a neutral rating and issued a $100.00 price target on shares of Procter & Gamble in a report on Tuesday, April 23rd. Finally, ValuEngine downgraded Zosano Pharma from a buy rating to a hold rating in a report on Wednesday, May 1st. Three investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of $177.54.
Shares of Honeywell International stock opened at $177.14 on Tuesday. Honeywell International has a one year low of $123.48 and a one year high of $178.47. The firm has a market capitalization of $127.02 billion, a P/E ratio of 22.11, a PEG ratio of 2.33 and a beta of 1.10. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.01 and a current ratio of 1.24. The stock’s 50-day moving average is $172.23.
Honeywell International (NYSE:HON) last announced its quarterly earnings data on Thursday, April 18th. The conglomerate reported $1.92 EPS for the quarter, topping the Zacks’ consensus estimate of $1.83 by $0.09. Honeywell International had a return on equity of 32.46% and a net margin of 16.73%. The business had revenue of $8.88 billion during the quarter, compared to the consensus estimate of $8.63 billion. During the same period in the previous year, the company posted $1.95 earnings per share. The business’s revenue for the quarter was down 14.5% on a year-over-year basis. On average, analysts forecast that Honeywell International will post 8.11 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 24th were paid a $0.82 dividend. The ex-dividend date was Thursday, May 23rd. This represents a $3.28 annualized dividend and a yield of 1.85%. Honeywell International’s dividend payout ratio (DPR) is 40.95%.
In other Honeywell International news, CEO Vimal Kapur sold 5,000 shares of the stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $169.58, for a total value of $847,900.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.73% of the stock is owned by corporate insiders.
A number of large investors have recently bought and sold shares of the stock. Lenox Wealth Advisors LLC raised its holdings in shares of Honeywell International by 453.8% during the second quarter. Lenox Wealth Advisors LLC now owns 144 shares of the conglomerate’s stock valued at $25,000 after purchasing an additional 118 shares during the last quarter. Cordasco Financial Network acquired a new position in shares of Honeywell International during the 1st quarter valued at about $25,000. Mackey Komara & Dankovich LLC purchased a new stake in Honeywell International in the 1st quarter valued at about $29,000. Capital Financial Planning LLC purchased a new stake in Honeywell International during the fourth quarter worth about $26,000. Finally, Canton Hathaway LLC boosted its holdings in Honeywell International by 289.1% in the first quarter. Canton Hathaway LLC now owns 214 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 159 shares in the last quarter. 75.68% of the stock is currently owned by institutional investors and hedge funds.
About Honeywell International
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.
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