Honeywell International (HON) Given Daily Coverage Optimism Score of 0.11
Media headlines about Honeywell International (NYSE:HON) have been trending somewhat positive recently, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Honeywell International earned a news impact score of 0.11 on Accern’s scale. Accern also assigned media coverage about the conglomerate an impact score of 45.2042646880804 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have effected Accern’s rankings:
- How GE and Honeywell Traded Places – Bloomberg (bloomberg.com)
- Ex-Dividend Reminder: Deutsche Bank Contingent Capital, Honeywell International and NU Skin Enterprises (nasdaq.com)
- Honeywell UOP To Help ENAP Refinery In Chile Produce Cleaner-Burning Fuels (finance.yahoo.com)
- Honeywell Retirees Won’t Get Health Benefits (blogs.findlaw.com)
- Honeywell International Inc. (HON) Director Sells $194,432.48 in Stock (americanbankingnews.com)
A number of equities research analysts have issued reports on HON shares. Zacks Investment Research raised shares of Honeywell International from a “hold” rating to a “buy” rating and set a $155.00 target price on the stock in a report on Thursday, August 17th. Deutsche Bank AG reissued a “buy” rating and set a $154.00 target price on shares of Honeywell International in a report on Thursday, September 21st. Royal Bank Of Canada boosted their target price on shares of Honeywell International from $148.00 to $156.00 and gave the company an “outperform” rating in a report on Monday, October 23rd. Jefferies Group LLC reissued a “buy” rating and set a $155.00 target price on shares of Honeywell International in a report on Thursday, September 28th. Finally, Oppenheimer Holdings, Inc. boosted their target price on shares of Honeywell International from $148.00 to $155.00 and gave the company an “outperform” rating in a report on Monday, July 24th. One investment analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $150.79.
Honeywell International (NYSE HON) opened at $147.32 on Wednesday. Honeywell International has a 1 year low of $111.78 and a 1 year high of $147.60. The stock has a market cap of $111,774.63, a price-to-earnings ratio of 21.11, a P/E/G ratio of 2.25 and a beta of 0.97. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.35 and a quick ratio of 1.09.
Honeywell International (NYSE:HON) last announced its earnings results on Friday, October 20th. The conglomerate reported $1.75 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.75. Honeywell International had a net margin of 12.85% and a return on equity of 26.26%. The company had revenue of $10.12 billion during the quarter, compared to analyst estimates of $10.05 billion. During the same period in the previous year, the business earned $1.60 earnings per share. The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. analysts predict that Honeywell International will post 7.06 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Investors of record on Friday, November 17th will be given a $0.745 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This is a positive change from Honeywell International’s previous quarterly dividend of $0.67. This represents a $2.98 annualized dividend and a yield of 2.02%. Honeywell International’s payout ratio is 40.30%.
In other Honeywell International news, VP Krishna Mikkilineni sold 13,074 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $145.12, for a total transaction of $1,897,298.88. Following the completion of the sale, the vice president now directly owns 104,998 shares in the company, valued at $15,237,309.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Rajeev Gautam sold 5,840 shares of the company’s stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $136.68, for a total transaction of $798,211.20. Following the sale, the insider now owns 16,597 shares of the company’s stock, valued at $2,268,477.96. The disclosure for this sale can be found here. Insiders sold 20,242 shares of company stock valued at $2,889,943 over the last quarter. 1.56% of the stock is owned by company insiders.
Honeywell International Company Profile
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.
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