Honeywell International (NYSE:HON) CFO David Anderson sold 14,831 shares of the company’s stock in a transaction that occured on Thursday, August 8th. The shares were sold at an average price of $83.86, for a total value of $1,243,727.66. Following the completion of the transaction, the chief financial officer now directly owns 111,665 shares of the company’s stock. The sale was disclosed in a document filed with the SEC, which is available at this link.
A number of analysts have recently weighed in on HON shares. Analysts at William Blair raised their price target on shares of Honeywell International from $82.00 to $84.00 in a research note to investors on Tuesday, July 23rd. They now have a “market perform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Honeywell International in a research note to investors on Tuesday, July 23rd. They now have a $87.00 price target on the stock. Finally, analysts at Oppenheimer raised their price target on shares of Honeywell International from $87.00 to $91.00 in a research note to investors on Tuesday, July 23rd. They now have an “outperform” rating on the stock.
Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Honeywell International has a consensus rating of “Buy” and an average price target of $83.96.
Shares of Honeywell International (NYSE:HON) traded up 0.13% during mid-day trading on Monday, hitting $83.43. Honeywell International has a one year low of $57.16 and a one year high of $84.85. The stock’s 50-day moving average is currently $81.78. The company has a market cap of $65.479 billion and a P/E ratio of 20.86.
Honeywell International (NYSE:HON) last released its earnings data on Friday, July 19th. The company reported $1.28 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.21 by $0.07. The company had revenue of $9.44 billion for the quarter, compared to the consensus estimate of $9.70 billion. During the same quarter last year, the company posted $1.14 earnings per share. Honeywell International’s revenue was up 2.7% compared to the same quarter last year. Analysts expect that Honeywell International will post $4.95 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 10th. Stockholders of record on Tuesday, August 20th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Friday, August 16th.
Honeywell International Inc (NYSE:HON) is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation.
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