Honeywell International (NASDAQ:HON) Given Hold Rating at Deutsche Bank Aktiengesellschaft

Honeywell International (NASDAQ:HON)‘s stock had its “hold” rating reissued by stock analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Tuesday, Marketbeat reports. They presently have a $215.00 target price on the conglomerate’s stock, down from their prior target price of $227.00. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 10.80% from the company’s current price.

Several other brokerages also recently issued reports on HON. Royal Bank of Canada cut their price objective on Honeywell International from $210.00 to $209.00 and set a “sector perform” rating for the company in a research report on Friday, February 2nd. Barclays lifted their price objective on Honeywell International from $230.00 to $232.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Wells Fargo & Company lifted their price objective on Honeywell International from $190.00 to $213.00 and gave the stock an “equal weight” rating in a research report on Tuesday, December 19th. Finally, Berenberg Bank upgraded Honeywell International from a “hold” rating to a “buy” rating and boosted their price target for the company from $195.00 to $240.00 in a report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $219.67.

Honeywell International Price Performance

HON stock opened at $194.04 on Tuesday. The firm has a 50 day moving average of $198.54 and a 200-day moving average of $195.82. Honeywell International has a 12-month low of $174.88 and a 12-month high of $210.87. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 1.01. The company has a market cap of $126.35 billion, a price-to-earnings ratio of 22.91, a PEG ratio of 2.24 and a beta of 1.02.

Honeywell International (NASDAQ:HON) last issued its quarterly earnings data on Thursday, February 1st. The conglomerate reported $2.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.59 by $0.01. Honeywell International had a return on equity of 35.17% and a net margin of 15.43%. The firm had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $9.70 billion. During the same period in the previous year, the firm posted $2.52 EPS. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. As a group, equities analysts expect that Honeywell International will post 9.94 EPS for the current fiscal year.

Insider Buying and Selling at Honeywell International

In other news, Director Darius Adamczyk sold 25,500 shares of the business’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $197.19, for a total transaction of $5,028,345.00. Following the completion of the sale, the director now directly owns 183,400 shares of the company’s stock, valued at approximately $36,164,646. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.41% of the stock is currently owned by insiders.

Institutional Trading of Honeywell International

A number of institutional investors have recently added to or reduced their stakes in HON. 1776 Wealth LLC lifted its holdings in Honeywell International by 2.7% during the 4th quarter. 1776 Wealth LLC now owns 1,918 shares of the conglomerate’s stock valued at $411,000 after purchasing an additional 50 shares during the last quarter. Morton Capital Management LLC CA raised its stake in shares of Honeywell International by 0.9% in the third quarter. Morton Capital Management LLC CA now owns 5,828 shares of the conglomerate’s stock worth $1,077,000 after acquiring an additional 50 shares during the last quarter. Wayfinding Financial LLC raised its stake in shares of Honeywell International by 3.4% in the fourth quarter. Wayfinding Financial LLC now owns 1,515 shares of the conglomerate’s stock worth $317,000 after acquiring an additional 50 shares during the last quarter. Indiana Trust & Investment Management CO grew its position in shares of Honeywell International by 0.9% during the 4th quarter. Indiana Trust & Investment Management CO now owns 5,563 shares of the conglomerate’s stock worth $1,167,000 after buying an additional 50 shares during the period. Finally, River Street Advisors LLC grew its position in shares of Honeywell International by 2.0% during the 4th quarter. River Street Advisors LLC now owns 2,599 shares of the conglomerate’s stock worth $545,000 after buying an additional 50 shares during the period. 75.91% of the stock is owned by hedge funds and other institutional investors.

Honeywell International Company Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company's Aerospace 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 thermal systems, as well as wireless connectivity services.