Media coverage about Honeywell (NYSE:HON) has been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Honeywell earned a news impact score of 0.18 on Accern’s scale. Accern also gave news headlines about the conglomerate an impact score of 48.0415817528549 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
Shares of Honeywell stock traded up $0.66 on Monday, hitting $144.55. The stock had a trading volume of 999,081 shares, compared to its average volume of 3,177,694. Honeywell has a 52-week low of $129.00 and a 52-week high of $165.13. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.11 and a current ratio of 1.36. The company has a market capitalization of $107.48 billion, a P/E ratio of 20.31, a PEG ratio of 1.93 and a beta of 0.98.
Honeywell (NYSE:HON) last posted its earnings results on Friday, April 20th. The conglomerate reported $1.95 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.89 by $0.06. The business had revenue of $10.39 billion during the quarter, compared to the consensus estimate of $10.03 billion. Honeywell had a return on equity of 29.25% and a net margin of 4.26%. The business’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.71 EPS. analysts forecast that Honeywell will post 8.02 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 8th. Investors of record on Friday, May 18th will be given a $0.745 dividend. This represents a $2.98 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Thursday, May 17th. Honeywell’s dividend payout ratio (DPR) is presently 41.91%.
A number of equities research analysts have recently weighed in on HON shares. TheStreet raised Honeywell from a “c+” rating to an “a-” rating in a research note on Friday, April 20th. Zacks Investment Research raised Honeywell from a “hold” rating to a “buy” rating and set a $160.00 price objective for the company in a research note on Tuesday, April 3rd. Robert W. Baird reaffirmed a “buy” rating and issued a $187.00 price objective on shares of Honeywell in a research note on Friday, January 26th. Bank of America lifted their price objective on Honeywell from $117.12 to $168.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Finally, UBS assumed coverage on Honeywell in a report on Monday, January 22nd. They issued a “buy” rating for the company. Three research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Honeywell presently has a consensus rating of “Buy” and a consensus price target of $167.73.
In other Honeywell news, Director Jaime Chico /Fa Pardo sold 2,868 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $156.36, for a total transaction of $448,440.48. Following the transaction, the director now owns 41,092 shares in the company, valued at approximately $6,425,145.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Linnet F. Deily sold 2,886 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $147.71, for a total value of $426,291.06. Following the transaction, the director now owns 9,105 shares in the company, valued at approximately $1,344,899.55. The disclosure for this sale can be found here. Insiders own 1.33% of the company’s stock.
Honeywell Company Profile
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.