Honeywell International (NYSE:HON) Getting Somewhat Favorable Media Coverage, Study Shows
Headlines about Honeywell International (NYSE:HON) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Honeywell International earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the conglomerate an impact score of 47.1740272810147 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s analysis:
- Shares in Spirit Realty Capital, Inc. (SRC) Acquired by Honeywell International Inc (topactu.net)
- Honeywell International Inc. (HON) Shares Sold by Sippican Capital Advisors (wobko.net)
- Has $23.98 Million Stake in Honeywell International Inc. (HON) (wisdomsave.com)
- Uptrend Call Working As Honeywell Intl Stock Rises 16.5% (HON) (mysmartrend.com)
- Ex-Honeywell Employee Arrested After Meeting With Agents Posing As Mexican Cartel – KJZZ (kjzz.org)
Several brokerages recently commented on HON. BidaskClub raised shares of Honeywell International from a “hold” rating to a “buy” rating in a report on Sunday, August 6th. Cowen and Company reaffirmed an “outperform” rating and set a $150.00 target price (up previously from $140.00) on shares of Honeywell International in a report on Tuesday, August 8th. Credit Suisse Group reaffirmed a “neutral” rating and set a $139.00 target price (up previously from $131.00) on shares of Honeywell International in a report on Tuesday, July 25th. Zacks Investment Research downgraded shares of Honeywell International from a “buy” rating to a “hold” rating in a report on Monday. Finally, Royal Bank Of Canada lifted their target price on shares of Honeywell International from $145.00 to $148.00 and gave the stock an “outperform” rating in a report on Monday, July 24th. Two investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $139.17.
Shares of Honeywell International (NYSE HON) traded up 1.23% during trading on Monday, hitting $138.27. 2,321,050 shares of the stock traded hands. Honeywell International has a 1-year low of $105.25 and a 1-year high of $140.21. The company has a market cap of $105.16 billion, a P/E ratio of 21.44 and a beta of 0.94. The stock has a 50-day moving average of $136.05 and a 200 day moving average of $129.73.
Honeywell International (NYSE:HON) last released its quarterly earnings data on Friday, July 21st. The conglomerate reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.78 by $0.02. Honeywell International had a net margin of 12.68% and a return on equity of 26.60%. The company had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.89 billion. During the same period last year, the business earned $1.70 earnings per share. Honeywell International’s revenue was up .9% compared to the same quarter last year. On average, equities research analysts predict that Honeywell International will post $7.10 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 18th will be given a $0.665 dividend. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 1.92%. Honeywell International’s dividend payout ratio (DPR) is currently 41.24%.
In other news, Director Linnet F. Deily sold 4,344 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $138.47, for a total value of $601,513.68. Following the completion of the transaction, the director now directly owns 9,753 shares in the company, valued at $1,350,497.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Jennifer H. Mak sold 5,510 shares of the firm’s stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $131.88, for a total transaction of $726,658.80. Following the completion of the transaction, the vice president now owns 3,141 shares of the company’s stock, valued at $414,235.08. The disclosure for this sale can be found here. Insiders sold 473,229 shares of company stock valued at $64,546,642 over the last 90 days. 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.
Receive News & Ratings for Honeywell International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell International Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.