Вторник, 26 Октября, 2021

The Honeywell International Inc. (HON) Releases FY17 Earnings Guidance

Manuel Armenta | 12 Марта, 2017, 08:36

Girard Partners holds 1% of its portfolio in Honeywell International Inc. (NYSE:HON) during the fourth quarter, Holdings Channel reports. Pinnacle Associates Ltd.'s holdings in Honeywell International were worth $15,593,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in HON. LLC increased its stake in shares of Honeywell International by 150.5% in the third quarter. Similar statistics are true for the second largest owner, Massachusetts Financial Services Co /Ma/, which owns 33,167,557 shares of the stock are valued at $4.2 billion. Winslow Capital Management LLC raised its stake in Honeywell International by 20.6% in the third quarter. Janus Capital Management LLC now owns 5,883,115 shares of the company's stock valued at $684,307,000 after buying an additional 34,400 shares in the last quarter. FMR LLC raised its stake in shares of Honeywell International by 2.7% in the second quarter. Rowland & Co. Investment Counsel ADV now owns 3,691 shares of the company's stock valued at $430,000 after buying an additional 14 shares during the last quarter. BlackRock Fund Advisors raised its stake in Honeywell International by 3.1% in the third quarter.

Institutional investors now hold around $73.56 billion or 76.4% in HON stock.

Shares of Honeywell International Inc. (NYSE:HON) opened at 127.25 on Thursday. The stock has a market capitalization of $96.70 billion, a price-to-earnings ratio of 20.49 and a beta of 0.94.

Honeywell International Inc. has a 50 day moving average of 122.36 and a 200 day moving average of 116.09.

Honeywell International Inc. had its "outperform" rating reiterated by analysts at Oppenheimer.

Honeywell International (NYSE:HON) last issued its quarterly earnings data on Friday, January 27th. The company provided earnings per share guidance of $6.85-7.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $7.03. The firm earned $9.99 billion during the quarter, compared to analysts' expectations of $10.15 billion. Honeywell International had a net margin of 12.07% and a return on equity of 26.79%. Honeywell International's revenue was up 2.0% compared to the same quarter past year. During the same period in the prior year, the business earned $1.58 earnings per share. On average, analysts forecast that Honeywell International Inc. will post $7.04 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. Moreover, Shikiar Asset has 0.26% invested in Stag Industrial Inc (NYSE:STAG) for 25,200 shares. This represents a $2.66 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date is Wednesday, November 16th. Honeywell International's payout ratio is 43.39%.

This piece was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of U.S. & global copyright & trademark laws. The correct version of this report can be read at https://baseballnewssource.com/markets/gamco-investors-inc-et-al-decreases-position-in-honeywell-international-inc-hon/498347.html. These analysts polled by Zacks Research now have a mean target price of $133.5 on the stock. Jefferies Group LLC upped their price target on Honeywell International from $133.00 to $141.00 and gave the company a "positive" rating in a research report on Tuesday, February 21st. Zacks Investment Research raised Honeywell International from a "sell" rating to a "hold" rating in a research note on Friday, October 28th. Stifel Nicolaus reaffirmed a "buy" rating and issued a $128.00 price target on shares of Honeywell International in a research note on Saturday, December 17th. Morgan Stanley raised their price target on Honeywell International from $126.00 to $132.00 and gave the company an "overweight" rating in a report on Monday, January 30th. Two analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock.

In the transaction dated November 04, 2016, the great number of shares disposed came courtesy the Director; Deily Linnet F disposed a total of 3,680 shares at an average price of $108.55, amounting to approximately $399,464. Price T Rowe Assoc Inc Md accumulated 14,778 shares or 0% of the stock. Following the completion of the transaction, the director now owns 4,269 shares in the company, valued at $498,363.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. During the trading on 03/09/2017, Company's stock ranged from $125.74 to $127.23.

Honeywell International is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control technologies for buildings, homes and industry, automotive products, power generation systems, specialty chemicals, fibers, plastics and electronic and advanced materials.