Honeywell International Inc. (NYSE:HON)‘s stock had its “buy” rating reiterated by equities research analysts at Deutsche Bank AG in a research note issued to investors on Thursday. They currently have a $154.00 price objective on the conglomerate’s stock. Deutsche Bank AG’s price objective suggests a potential upside of 11.04% from the stock’s current price.

Several other research firms have also recently commented on HON. BidaskClub upgraded Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, August 6th. Zacks Investment Research cut Honeywell International from a “buy” rating to a “hold” rating in a report on Monday. Cowen and Company restated an “outperform” rating and issued a $150.00 price target (up previously from $140.00) on shares of Honeywell International in a report on Tuesday, August 8th. Morgan Stanley lifted their price target on Honeywell International from $141.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, August 16th. Finally, Credit Suisse Group restated a “neutral” rating and issued a $139.00 price target (up previously from $131.00) on shares of Honeywell International in a report on Tuesday, July 25th. One analyst has rated the stock with a hold rating and eighteen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $141.99.

Honeywell International (NYSE:HON) last posted its quarterly earnings results on Friday, July 21st. The conglomerate reported $1.80 EPS for the quarter, beating the consensus estimate of $1.78 by $0.02. The company had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $9.89 billion. Honeywell International had a return on equity of 26.60% and a net margin of 12.68%. The firm’s revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.70 EPS.

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In other Honeywell International news, insider Rajeev Gautam sold 5,840 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $136.68, for a total value of $798,211.20. Following the completion of the transaction, the insider now owns 16,597 shares in the company, valued at approximately $2,268,477.96. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Jennifer H. Mak sold 420 shares of the company’s stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $136.66, for a total value of $57,397.20. Following the completion of the transaction, the vice president now owns 1,363 shares of the company’s stock, valued at approximately $186,267.58. The disclosure for this sale can be found here. In the last 90 days, insiders sold 354,108 shares of company stock valued at $48,886,463. 1.56% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Hanson McClain Inc. raised its position in shares of Honeywell International by 0.4% in the 1st quarter. Hanson McClain Inc. now owns 810 shares of the conglomerate’s stock valued at $101,000 after purchasing an additional 3 shares in the last quarter. Burt Wealth Advisors raised its position in shares of Honeywell International by 65.4% in the 2nd quarter. Burt Wealth Advisors now owns 759 shares of the conglomerate’s stock valued at $101,000 after purchasing an additional 300 shares in the last quarter. Guidant Wealth Advisors raised its position in shares of Honeywell International by 15.8% in the 2nd quarter. Guidant Wealth Advisors now owns 764 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 104 shares in the last quarter. Mosaic Family Wealth LLC raised its position in shares of Honeywell International by 11.4% in the 2nd quarter. Mosaic Family Wealth LLC now owns 762 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 78 shares in the last quarter. Finally, Jolley Asset Management LLC raised its position in shares of Honeywell International by 6.9% in the 2nd quarter. Jolley Asset Management LLC now owns 775 shares of the conglomerate’s stock valued at $103,000 after purchasing an additional 50 shares in the last quarter. 75.77% of the stock is currently owned by institutional investors.

About Honeywell International

Honeywell International Inc is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The Company’s Aerospace segment supplies products, software and services for aircraft and vehicles that it sells to original equipment manufacturers (OEMs) and other customers.

Analyst Recommendations for Honeywell International (NYSE:HON)

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