Honeywell International Inc. (NYSE:HON) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $118.56 and last traded at $118.53, with a volume of 1,383,570 shares traded. The stock had previously closed at $116.11.

Several brokerages recently issued reports on HON. Sanford C. Bernstein restated an “outperform” rating and issued a $135.00 target price on shares of Honeywell International in a report on Wednesday. Citigroup Inc. restated a “buy” rating and issued a $132.00 target price on shares of Honeywell International in a report on Thursday, June 30th. Morgan Stanley restated a “buy” rating and issued a $126.00 target price on shares of Honeywell International in a report on Thursday, June 30th. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $127.00 target price on the stock in a report on Monday, June 27th. Finally, Jefferies Group restated a “buy” rating and issued a $130.00 target price on shares of Honeywell International in a report on Tuesday, May 17th. Six analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Honeywell International presently has a consensus rating of “Buy” and a consensus price target of $120.73.

The company’s 50-day moving average is $115.31 and its 200 day moving average is $109.47. The stock has a market cap of $90.57 billion and a P/E ratio of 19.29.

Honeywell International (NYSE:HON) last announced its quarterly earnings results on Friday, April 22nd. The company reported $1.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.50 by $0.03. During the same period last year, the company posted $1.41 earnings per share. The firm had revenue of $9.52 billion for the quarter, compared to analysts’ expectations of $9.37 billion. The business’s quarterly revenue was up 3.4% on a year-over-year basis. Analysts predict that Honeywell International Inc. will post $6.66 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, June 10th. Investors of record on Thursday, May 19th were issued a dividend of $0.595 per share. This represents a $2.38 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date was Tuesday, May 17th.

In related news, Vice Chairman Andreas Kramvis sold 74,010 shares of the stock in a transaction on Friday, April 15th. The shares were sold at an average price of $115.01, for a total transaction of $8,511,890.10. Following the sale, the insider now directly owns 126,624 shares of the company’s stock, valued at $14,563,026.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Krishna Mikkilineni sold 13,000 shares of the stock in a transaction on Friday, May 27th. The stock was sold at an average price of $114.10, for a total transaction of $1,483,300.00. Following the sale, the vice president now directly owns 75,355 shares in the company, valued at $8,598,005.50. The disclosure for this sale can be found here.

Other institutional investors recently bought and sold shares of the company. Pillar Pacific Capital Management LLC increased its position in Honeywell International by 5.5% in the fourth quarter. Pillar Pacific Capital Management LLC now owns 61,928 shares of the company’s stock valued at $6,414,000 after buying an additional 3,227 shares during the last quarter. Korea Investment CORP increased its position in Honeywell International by 6.6% in the fourth quarter. Korea Investment CORP now owns 530,303 shares of the company’s stock valued at $54,923,000 after buying an additional 32,600 shares during the last quarter. Roffman Miller Associates Inc. PA increased its position in Honeywell International by 2.6% in the fourth quarter. Roffman Miller Associates Inc. PA now owns 133,435 shares of the company’s stock valued at $13,820,000 after buying an additional 3,329 shares during the last quarter. Flossbach Von Storch AG increased its position in Honeywell International by 3.9% in the fourth quarter. Flossbach Von Storch AG now owns 53,250 shares of the company’s stock valued at $5,515,000 after buying an additional 2,000 shares during the last quarter. Finally, World Asset Management Inc increased its position in Honeywell International by 1.8% in the fourth quarter. World Asset Management Inc now owns 84,450 shares of the company’s stock valued at $8,746,000 after buying an additional 1,503 shares during the last quarter.

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.

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