Honeywell International Inc. (NYSE:HON) had its price objective decreased by Royal Bank Of Canada from $138.00 to $133.00 in a report issued on Monday. Royal Bank Of Canada currently has an outperform rating on the stock.

HON has been the subject of several other research reports. Morgan Stanley lifted their price target on shares of Honeywell International from $129.00 to $130.00 and gave the company an overweight rating in a research report on Monday, July 25th. Bank of America Corp. set a $132.00 price target on shares of Honeywell International and gave the company a buy rating in a research report on Monday, July 25th. Citigroup Inc. reissued a buy rating and issued a $132.00 price target on shares of Honeywell International in a research report on Tuesday, July 26th. Barclays PLC lifted their price target on shares of Honeywell International from $127.00 to $131.00 and gave the company an overweight rating in a research report on Monday, July 25th. Finally, Credit Suisse Group AG reissued a hold rating on shares of Honeywell International in a research report on Saturday, July 9th. Six equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of $123.26.

Analyst Recommendations for Honeywell International (NYSE:HON)

Honeywell International (NYSE:HON) traded down 0.95% during trading on Monday, reaching $105.79. 1,962,407 shares of the company were exchanged. Honeywell International has a one year low of $93.71 and a one year high of $120.02. The stock has a market capitalization of $80.49 billion, a price-to-earnings ratio of 16.74 and a beta of 1.05. The firm’s 50 day moving average price is $115.07 and its 200-day moving average price is $115.12.

Honeywell International (NYSE:HON) last posted its quarterly earnings results on Friday, July 22nd. The company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.02. Honeywell International had a net margin of 12.60% and a return on equity of 26.84%. The business earned $9.78 billion during the quarter, compared to the consensus estimate of $10.13 billion. During the same quarter last year, the firm posted $1.51 EPS. Honeywell International’s revenue was up 2.2% compared to the same quarter last year. On average, equities research analysts predict that Honeywell International will post $6.68 earnings per share for the current year.

In other Honeywell International news, SVP Katherine L. Adams sold 108,712 shares of the stock in a transaction on Monday, August 15th. The stock was sold at an average price of $116.13, for a total value of $12,624,724.56. Following the completion of the transaction, the senior vice president now owns 224,530 shares in the company, valued at $26,074,668.90. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Jennifer H. Mak sold 277 shares of the stock in a transaction on Friday, July 29th. The stock was sold at an average price of $115.54, for a total value of $32,004.58. Following the completion of the transaction, the vice president now owns 420 shares of the company’s stock, valued at approximately $48,526.80. The disclosure for this sale can be found here. 1.83% of the stock is owned by company insiders.

A number of institutional investors have recently bought and sold shares of the company. American National Bank increased its position in Honeywell International by 112.0% in the second quarter. American National Bank now owns 956 shares of the company’s stock worth $111,000 after buying an additional 505 shares during the period. First Personal Financial Services increased its position in Honeywell International by 128.1% in the second quarter. First Personal Financial Services now owns 974 shares of the company’s stock worth $113,000 after buying an additional 547 shares during the period. Ironwood Financial llc purchased a new position in Honeywell International during the first quarter worth about $122,000. Bruderman Asset Management LLC increased its position in Honeywell International by 19.6% in the second quarter. Bruderman Asset Management LLC now owns 1,048 shares of the company’s stock worth $122,000 after buying an additional 172 shares during the period. Finally, Cable Hill Partners LLC increased its position in Honeywell International by 364.0% in the second quarter. Cable Hill Partners LLC now owns 1,109 shares of the company’s stock worth $130,000 after buying an additional 870 shares during the period. Institutional investors and hedge funds own 76.50% of the company’s stock.

Honeywell International Company Profile

Honeywell International Inc (Honeywell) is a technology and manufacturing company. The Company operates in three segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment supplies aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors.

5 Day Chart for NYSE:HON

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