Analysts expect Honeywell International Inc. (NYSE:HON) to announce earnings of $2.08 per share for the current quarter, Zacks reports. Six analysts have provided estimates for Honeywell International’s earnings, with the lowest EPS estimate coming in at $2.05 and the highest estimate coming in at $2.11. Honeywell International posted earnings of $2.12 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 1.9%. The business is scheduled to report its next earnings results on Friday, July 19th.

According to Zacks, analysts expect that Honeywell International will report full year earnings of $8.11 per share for the current financial year, with EPS estimates ranging from $8.05 to $8.16. For the next financial year, analysts forecast that the firm will report earnings of $8.82 per share, with EPS estimates ranging from $8.60 to $9.16. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Honeywell International.

Honeywell International (NYSE:HON) last announced its quarterly earnings data on Thursday, April 18th. The conglomerate reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.09. Honeywell International had a return on equity of 32.46% and a net margin of 16.73%. The business had revenue of $8.88 billion during the quarter, compared to analyst estimates of $8.63 billion. During the same period in the prior year, the company earned $1.95 earnings per share. Honeywell International’s revenue was down 14.5% compared to the same quarter last year.

A number of research firms have recently commented on HON. ValuEngine raised Honeywell International from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. Zacks Investment Research raised Honeywell International from a “hold” rating to a “buy” rating and set a $182.00 price target for the company in a report on Monday, April 22nd. Deutsche Bank raised their price target on Honeywell International from $174.00 to $187.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. Morgan Stanley raised their price target on Honeywell International from $165.00 to $183.00 and gave the stock an “overweight” rating in a report on Monday, April 22nd. Finally, Credit Suisse Group raised their price target on Honeywell International from $170.00 to $185.00 and gave the stock an “outperform” rating in a report on Tuesday, April 23rd. Three research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $175.20.

In other Honeywell International news, insider Timothy O. Mahoney sold 73,352 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $154.30, for a total transaction of $11,318,213.60. Following the sale, the insider now owns 305,505 shares in the company, valued at $47,139,421.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.73% of the company’s stock.

Several large investors have recently made changes to their positions in the company. Cordasco Financial Network bought a new stake in Honeywell International during the 1st quarter valued at approximately $25,000. Harvest Group Wealth Management LLC acquired a new position in Honeywell International during the first quarter worth about $29,000. Mackey Komara & Dankovich LLC acquired a new position in Honeywell International during the first quarter worth about $29,000. O Shaughnessy Asset Management LLC acquired a new position in Honeywell International during the first quarter worth about $29,000. Finally, Capital Financial Planning LLC purchased a new position in Honeywell International during the fourth quarter worth about $26,000. 75.46% of the stock is currently owned by hedge funds and other institutional investors.

Honeywell International stock opened at $168.16 on Monday. Honeywell International has a one year low of $123.48 and a one year high of $174.34. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.24 and a quick ratio of 1.01. The firm has a market capitalization of $121.89 billion, a PE ratio of 20.99, a P/E/G ratio of 2.26 and a beta of 1.12.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 24th will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a $3.28 dividend on an annualized basis and a yield of 1.95%. Honeywell International’s payout ratio is 40.95%.

About Honeywell International

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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