Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Honeywell International (HON) Share Price
Media stories about Honeywell International (NYSE:HON) have been trending somewhat positive on Wednesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news 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 media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the conglomerate an impact score of 46.7643863644498 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Monthly Up Snap: Honeywell International Inc. (HON) stock performed 6.11% (nasdaqplace.com)
- These Stocks: Will Rock You: Honeywell International Inc. (NYSE:HON), TRI Pointe Group, Inc. (NYSE:TPH), Teradyne … (thestreetpoint.com)
- Likely Turnaround Candidates: Honeywell International Inc. (HON), Science Applications International Corporation … (gvtimes.com)
- Honeywell International Inc. (HON) have strong bones for your portfolio (nmsunews.com)
- Load Cell Market 2018 : Top Most Players : Omega Engineering, Honeywell International, Measuring Instruments Co. Ltd., Flintec Group Ab (digitaljournal.com)
HON stock opened at $163.06 on Wednesday. Honeywell International has a one year low of $136.86 and a one year high of $165.13. The company has a current ratio of 1.38, a quick ratio of 1.11 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $120.90 billion, a PE ratio of 22.93, a P/E/G ratio of 1.89 and a beta of 1.01.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 7th. Investors of record on Friday, August 17th were paid a dividend of $0.745 per share. This represents a $2.98 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend was Thursday, August 16th. Honeywell International’s payout ratio is 41.91%.
Several equities analysts have recently commented on HON shares. Citigroup boosted their target price on shares of 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. boosted their target price on shares of Honeywell International from $168.00 to $170.00 and gave the stock a “$153.70” rating in a report on Monday, July 23rd. Barclays boosted their target price on shares of Honeywell International from $172.00 to $176.00 and gave the stock a “$153.70” rating in a report on Monday, July 23rd. Deutsche Bank set a $166.00 target price on shares of Honeywell International and gave the stock a “buy” rating in a report on Thursday, July 12th. Finally, MED started coverage on shares of Honeywell International in a report on Thursday, July 12th. They issued a “buy” rating and a $166.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $172.94.
In related news, Director Linnet F. Deily sold 3,066 shares of the company’s stock in a transaction on Monday, July 30th. The shares were sold at an average price of $158.12, for a total transaction of $484,795.92. Following the sale, the director now owns 11,787 shares of the company’s stock, valued at $1,863,760.44. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Vimal Kapur sold 9,996 shares of the company’s stock in a transaction on Friday, July 27th. The shares were sold at an average price of $159.25, for a total transaction of $1,591,863.00. Following the sale, the insider now directly owns 16,131 shares in the company, valued at approximately $2,568,861.75. The disclosure for this sale can be found here. 1.33% of the stock is owned by corporate insiders.
Honeywell International Company Profile
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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