Equities research analysts forecast that Honeywell International Inc. (NYSE:HON) will report earnings of $1.88 per share for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Honeywell International’s earnings. The highest EPS estimate is $1.90 and the lowest is $1.85. Honeywell International posted earnings of $1.85 per share during the same quarter last year, which would suggest a positive year over year growth rate of 1.6%. The firm is expected to announce its next quarterly earnings report on Friday, January 25th.

According to Zacks, analysts expect that Honeywell International will report full-year earnings of $7.98 per share for the current year, with EPS estimates ranging from $7.95 to $8.00. For the next financial year, analysts anticipate that the company will post earnings of $8.07 per share, with EPS estimates ranging from $7.55 to $8.70. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Honeywell International.

Honeywell International (NYSE:HON) last posted its earnings results on Friday, October 19th. The conglomerate reported $2.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.04. The company had revenue of $10.76 billion during the quarter, compared to analyst estimates of $10.75 billion. Honeywell International had a return on equity of 33.69% and a net margin of 6.13%. Honeywell International’s revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.75 earnings per share.

A number of analysts have weighed in on HON shares. Citigroup upped their target price on Honeywell International from $191.00 to $196.00 and gave the stock a “$153.70” rating in a report on Monday, July 23rd. JPMorgan Chase & Co. upped their target price on Honeywell International from $168.00 to $170.00 and gave the stock a “$153.70” rating in a report on Monday, July 23rd. Barclays upped their target price on Honeywell International from $172.00 to $176.00 and gave the stock a “$153.70” rating in a report on Monday, July 23rd. UBS Group upped their target price on Honeywell International from $180.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, August 30th. Finally, Cowen restated a “buy” rating and set a $168.00 target price on shares of Honeywell International in a report on Friday, August 24th. One analyst has rated the stock with a sell rating, three have given a hold rating and eighteen have given a buy rating to the company’s stock. Honeywell International currently has a consensus rating of “Buy” and an average target price of $172.90.

Institutional investors and hedge funds have recently modified their holdings of the company. Smith Chas P & Associates PA Cpas acquired a new position in shares of Honeywell International in the 3rd quarter valued at $206,000. Canada Pension Plan Investment Board increased its position in shares of Honeywell International by 54.8% in the 3rd quarter. Canada Pension Plan Investment Board now owns 380,006 shares of the conglomerate’s stock valued at $63,233,000 after acquiring an additional 134,596 shares during the period. DekaBank Deutsche Girozentrale increased its position in shares of Honeywell International by 10.9% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 443,082 shares of the conglomerate’s stock valued at $71,201,000 after acquiring an additional 43,613 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Honeywell International by 7.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 171,950 shares of the conglomerate’s stock valued at $28,612,000 after acquiring an additional 11,710 shares during the period. Finally, FMR LLC increased its position in shares of Honeywell International by 1.9% in the 3rd quarter. FMR LLC now owns 5,829,234 shares of the conglomerate’s stock valued at $969,984,000 after acquiring an additional 110,894 shares during the period. Hedge funds and other institutional investors own 71.42% of the company’s stock.

Honeywell International stock traded down $0.23 during mid-day trading on Friday, reaching $150.32. 2,378,427 shares of the company were exchanged, compared to its average volume of 4,100,793. The company has a quick ratio of 1.20, a current ratio of 1.49 and a debt-to-equity ratio of 0.76. The firm has a market cap of $111.19 billion, a P/E ratio of 21.14, a P/E/G ratio of 1.92 and a beta of 1.04. Honeywell International has a 12-month low of $139.30 and a 12-month high of $167.72.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 7th. Stockholders of record on Friday, November 16th will be issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 2.18%. The ex-dividend date is Thursday, November 15th. This is a positive change from Honeywell International’s previous quarterly dividend of $0.75. Honeywell International’s dividend payout ratio is currently 41.91%.

About Honeywell International

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

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