Honeywell International (NYSE:HON) had its target price increased by Morgan Stanley from $183.00 to $188.00 in a research note published on Friday morning, BenzingaRatingsTable reports. Morgan Stanley currently has an overweight rating on the conglomerate’s stock.

Other research analysts have also recently issued reports about the company. Barclays raised their price objective on from $65.00 to $100.00 and gave the company an overweight rating in a research note on Friday. Jefferies Financial Group reduced their price objective on Boeing from $448.00 to $420.00 in a research note on Friday. Credit Suisse Group set a €32.70 ($38.02) price objective on Software and gave the company a neutral rating in a research note on Friday. ValuEngine cut Zosano Pharma from a buy rating to a hold rating in a research note on Wednesday, May 1st. Finally, Deutsche Bank increased their target price on shares of Keysight Technologies from $100.00 to $120.00 and gave the stock a buy rating in a report on Monday, April 22nd. Three equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of Buy and an average target price of $179.36.

Shares of NYSE:HON opened at $173.58 on Friday. The company’s 50-day moving average is $173.91. Honeywell International has a 12-month low of $123.48 and a 12-month high of $178.47. The company has a market capitalization of $124.47 billion, a PE ratio of 21.67, a P/E/G ratio of 2.31 and a beta of 1.10. The company has a quick ratio of 0.96, a current ratio of 1.19 and a debt-to-equity ratio of 0.48.

Honeywell International (NYSE:HON) last announced its quarterly earnings data on Thursday, July 18th. The conglomerate reported $2.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.08 by $0.02. Honeywell International had a return on equity of 32.02% and a net margin of 18.17%. The firm had revenue of $9.24 billion for the quarter, compared to analysts’ expectations of $9.37 billion. During the same period last year, the firm earned $2.12 earnings per share. The company’s revenue for the quarter was down 15.3% compared to the same quarter last year. As a group, research analysts expect that Honeywell International will post 8.11 EPS for the current fiscal year.

In other news, CEO Vimal Kapur sold 5,000 shares of the stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $169.58, for a total transaction of $847,900.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.73% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC lifted its holdings in Honeywell International by 5.3% in the fourth quarter. Geode Capital Management LLC now owns 9,444,396 shares of the conglomerate’s stock worth $1,245,566,000 after buying an additional 478,988 shares during the period. Northern Trust Corp lifted its holdings in Honeywell International by 2.9% in the fourth quarter. Northern Trust Corp now owns 8,702,224 shares of the conglomerate’s stock worth $1,149,738,000 after buying an additional 241,715 shares during the period. Clearbridge Investments LLC lifted its holdings in Honeywell International by 8.5% in the first quarter. Clearbridge Investments LLC now owns 6,918,765 shares of the conglomerate’s stock worth $1,099,530,000 after buying an additional 544,684 shares during the period. Legal & General Group Plc lifted its holdings in Honeywell International by 5.6% in the fourth quarter. Legal & General Group Plc now owns 3,586,190 shares of the conglomerate’s stock worth $473,778,000 after buying an additional 191,120 shares during the period. Finally, Thoroughbred Financial Services LLC lifted its holdings in Honeywell International by 18,092.3% in the second quarter. Thoroughbred Financial Services LLC now owns 2,553,654 shares of the conglomerate’s stock worth $255,365,000 after buying an additional 2,539,617 shares during the period. Institutional investors and hedge funds own 75.69% of the company’s stock.

Honeywell International Company Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.

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Analyst Recommendations for Honeywell International (NYSE:HON)

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