Barclays PLC set a $128.00 price objective on Honeywell International Inc. (NYSE:HON) in a research note published on Wednesday morning. The firm currently has a a buy rating on the stock.

Other equities research analysts have also issued research reports about the stock. Sanford C. Bernstein restated an outperform rating on shares of Honeywell International in a research note on Monday, June 27th. Bank of America Corp. set a $132.00 target price on shares of Honeywell International and gave the company a buy rating in a research note on Monday, July 25th. Morgan Stanley reaffirmed a buy rating and set a $127.00 price objective on shares of Honeywell International in a research report on Tuesday, September 6th. Goldman Sachs Group Inc. downgraded shares of Honeywell International from a conviction-buy rating to a buy rating and set a $122.00 price objective for the company. in a research report on Monday. Finally, Jefferies Group reaffirmed a buy rating and set a $130.00 price objective on shares of Honeywell International in a research report on Friday, October 7th. Six investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. Honeywell International currently has a consensus rating of Buy and a consensus target price of $122.70.

Analyst Recommendations for Honeywell International (NYSE:HON)

Shares of Honeywell International (NYSE:HON) traded up 1.04% during mid-day trading on Wednesday, hitting $108.55. The stock had a trading volume of 3,228,407 shares. The stock has a market cap of $82.59 billion, a P/E ratio of 17.17 and a beta of 1.05. The company’s 50 day moving average price is $114.49 and its 200 day moving average price is $115.00. Honeywell International has a 12-month low of $93.71 and a 12-month high of $120.02.

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

In other news, Vice Chairman Andreas Kramvis sold 1,850 shares of Honeywell International stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $114.80, for a total transaction of $212,380.00. Following the completion of the sale, the insider now owns 66,441 shares in the company, valued at approximately $7,627,426.80. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Jennifer H. Mak sold 277 shares of Honeywell International stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of $115.54, for a total transaction of $32,004.58. Following the sale, 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. Insiders own 1.83% of the company’s stock.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Honeywell International by 3.7% in the second quarter. Vanguard Group Inc. now owns 44,675,101 shares of the company’s stock valued at $5,196,607,000 after buying an additional 1,587,804 shares in the last quarter. State Street Corp boosted its stake in shares of Honeywell International by 1.0% in the first quarter. State Street Corp now owns 27,915,988 shares of the company’s stock valued at $3,127,990,000 after buying an additional 264,413 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Honeywell International by 0.8% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 20,359,376 shares of the company’s stock valued at $2,281,268,000 after buying an additional 161,354 shares in the last quarter. FMR LLC boosted its stake in shares of Honeywell International by 2.7% in the second quarter. FMR LLC now owns 13,721,682 shares of the company’s stock valued at $1,596,106,000 after buying an additional 358,668 shares in the last quarter. Finally, BlackRock Fund Advisors boosted its stake in shares of Honeywell International by 3.5% in the second quarter. BlackRock Fund Advisors now owns 8,980,272 shares of the company’s stock valued at $1,044,585,000 after buying an additional 303,034 shares in the last quarter. Institutional investors own 76.50% of the company’s stock.

About Honeywell International

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

Receive News & Stock Ratings for Honeywell International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International Inc. and related stocks with our FREE daily email newsletter.