Equities analysts predict that Honeywell International Inc. (NYSE:HON) will report $1.88 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Honeywell International’s earnings. The lowest EPS estimate is $1.85 and the highest is $1.90. Honeywell International posted earnings of $1.85 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 1.6%. The firm is expected to report its next 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 year, analysts forecast that the company will post earnings of $7.95 per share, with EPS estimates ranging from $7.55 to $8.17. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for Honeywell International.

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

A number of analysts have weighed in on the stock. Morgan Stanley assumed coverage on shares of Honeywell International in a report on Monday, August 20th. They issued an “overweight” rating and a $175.00 price target for the company. ValuEngine raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research report on Thursday, September 13th. Credit Suisse Group decreased their target price on shares of Honeywell International from $170.00 to $165.00 and set a “neutral” rating for the company in a research report on Tuesday, October 23rd. Barclays increased their target price on shares of Honeywell International from $176.00 to $178.00 and gave the company an “overweight” rating in a research report on Friday, August 24th. Finally, reissued an “outperform” rating and set a $177.00 target price (down previously from $184.00) on shares of Honeywell International in a research report on Tuesday, October 23rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and eighteen have issued a buy rating to the company. Honeywell International has an average rating of “Buy” and an average price target of $172.90.

In other Honeywell International news, VP Krishna Mikkilineni sold 28,281 shares of the stock in a transaction that occurred on Friday, November 23rd. The stock was sold at an average price of $143.61, for a total transaction of $4,061,434.41. Following the transaction, the vice president now directly owns 91,829 shares in the company, valued at approximately $13,187,562.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Jaime Chico /Fa Pardo sold 13,400 shares of the stock in a transaction that occurred on Wednesday, November 21st. The stock was sold at an average price of $145.13, for a total value of $1,944,742.00. Following the transaction, the director now owns 13,607 shares in the company, valued at $1,974,783.91. The disclosure for this sale can be found here. Insiders have sold a total of 45,644 shares of company stock worth $6,597,099 over the last 90 days. Company insiders own 1.33% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. Morse Asset Management Inc increased its position in shares of Honeywell International by 4.1% during the 3rd quarter. Morse Asset Management Inc now owns 9,475 shares of the conglomerate’s stock valued at $1,577,000 after purchasing an additional 375 shares during the last quarter. Nissay Asset Management Corp Japan ADV increased its holdings in Honeywell International by 4.7% in the 2nd quarter. Nissay Asset Management Corp Japan ADV now owns 140,209 shares of the conglomerate’s stock worth $20,197,000 after acquiring an additional 6,316 shares during the last quarter. Synovus Financial Corp increased its holdings in Honeywell International by 1.9% in the 3rd quarter. Synovus Financial Corp now owns 105,056 shares of the conglomerate’s stock worth $17,476,000 after acquiring an additional 1,933 shares during the last quarter. Moneta Group Investment Advisors LLC increased its holdings in Honeywell International by 7,972.1% in the 2nd quarter. Moneta Group Investment Advisors LLC now owns 22,844 shares of the conglomerate’s stock worth $889,000 after acquiring an additional 22,561 shares during the last quarter. Finally, New England Asset Management Inc. increased its holdings in Honeywell International by 467.0% in the 2nd quarter. New England Asset Management Inc. now owns 3,260 shares of the conglomerate’s stock worth $470,000 after acquiring an additional 2,685 shares during the last quarter. Hedge funds and other institutional investors own 71.16% of the company’s stock.

Honeywell International stock traded down $2.85 during mid-day trading on Monday, reaching $138.71. The company had a trading volume of 3,163,536 shares, compared to its average volume of 3,037,260. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.49 and a quick ratio of 1.20. Honeywell International has a 52 week low of $137.14 and a 52 week high of $167.72. The company has a market cap of $104.80 billion, a PE ratio of 19.51, a price-to-earnings-growth ratio of 1.81 and a beta of 1.04.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 7th. Shareholders of record on Friday, November 16th were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.36%. This is a boost from Honeywell International’s previous quarterly dividend of $0.75. The ex-dividend date was Thursday, November 15th. Honeywell International’s dividend payout ratio is presently 46.13%.

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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Earnings History and Estimates for Honeywell International (NYSE:HON)

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