Honeywell International Inc. (NYSE:HON)‘s stock had its “buy” rating restated by research analysts at Argus in a report released on Wednesday.

Several other research analysts also recently weighed in on the company. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and set a $122.00 target price (down from $128.00) on shares of Honeywell International in a research note on Wednesday. Morgan Stanley reaffirmed an “overweight” rating and set a $124.00 target price (down from $127.00) on shares of Honeywell International in a research note on Monday. RBC Capital Markets reaffirmed an “outperform” rating and set a $133.00 target price (down from $138.00) on shares of Honeywell International in a research note on Monday. Citigroup Inc. reduced their target price on Honeywell International from $131.25 to $128.00 and set a “buy” rating for the company in a research note on Monday. Finally, Royal Bank Of Canada reduced their target price on Honeywell International from $138.00 to $133.00 and set an “outperform” rating for the company in a research note on Monday. Six analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $122.83.

Analyst Recommendations for Honeywell International (NYSE:HON)

Shares of Honeywell International (NYSE:HON) traded up 1.56% during mid-day trading on Wednesday, reaching $107.43. The company had a trading volume of 7,245,113 shares. The company has a market capitalization of $81.74 billion, a PE ratio of 17.00 and a beta of 1.05. Honeywell International has a 1-year low of $93.71 and a 1-year high of $120.02. The stock’s 50-day moving average price is $114.49 and its 200 day moving average price is $115.00.

Honeywell International (NYSE:HON) last announced its earnings results on Friday, July 22nd. The company reported $1.66 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.64 by $0.02. The business earned $9.78 billion during the quarter, compared to the consensus estimate of $10.13 billion. Honeywell International had a return on equity of 26.84% and a net margin of 12.60%. The business’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.51 EPS. Equities analysts expect that Honeywell International will post $6.68 EPS for the current year.

In other Honeywell International news, insider Timothy O. Mahoney sold 600 shares of the stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $116.29, for a total value of $69,774.00. Following the sale, the insider now owns 68,398 shares of the company’s stock, valued at approximately $7,954,003.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Katherine L. Adams sold 108,712 shares of the stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $116.13, for a total value of $12,624,724.56. Following the completion of the sale, the senior vice president now directly owns 224,530 shares in the company, valued at approximately $26,074,668.90. The disclosure for this sale can be found here. 1.83% of the stock is owned by company insiders.

A number of large investors have recently bought and sold shares of HON. Capstone Asset Management Co. increased its position in Honeywell International by 5.8% in the second quarter. Capstone Asset Management Co. now owns 129,863 shares of the company’s stock worth $15,106,000 after buying an additional 7,168 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its position in Honeywell International by 7.0% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 145,296 shares of the company’s stock worth $16,901,000 after buying an additional 9,517 shares during the last quarter. National Pension Service increased its position in Honeywell International by 4.2% in the first quarter. National Pension Service now owns 383,695 shares of the company’s stock worth $42,993,000 after buying an additional 15,529 shares during the last quarter. LPL Financial LLC increased its position in Honeywell International by 52.7% in the first quarter. LPL Financial LLC now owns 416,083 shares of the company’s stock worth $46,510,000 after buying an additional 143,685 shares during the last quarter. Finally, Panagora Asset Management Inc. increased its position in Honeywell International by 31.6% in the first quarter. Panagora Asset Management Inc. now owns 317,482 shares of the company’s stock worth $35,574,000 after buying an additional 76,249 shares during the last quarter. 76.50% of the stock is currently owned by institutional investors.

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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