Credit Suisse Group AG Reiterates Hold Rating for Honeywell International Inc. (HON)

26 April 2017, 08:49 | Andres Norman

Credit Suisse Group AG Reiterates Hold Rating for Honeywell International Inc. (HON)

Credit Suisse Group AG Reiterates Hold Rating for Honeywell International Inc. (HON)

Honeywell International is aimed at boosting its near-term results on the back of strategic investments, greater operational efficacy and stronger demand for its diversified products. (NYSE:HON) by 77.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Are investors supposed to sell when the stock hits the target? First Financial Corporation In has invested 0.19% in Honeywell International Inc. Ancora Advisors LLC raised its stake in Honeywell International by 65.9% in the fourth quarter. State Street Corp now owns 30,884,640 shares of the conglomerate's stock worth $3,577,992,000 after buying an additional 1,313,465 shares in the last quarter.

Honeywell International Inc. (HON) performance during the last one year Improved 16.16 percent, while its year to date (YTD) performance showed a Positive trend of 12.63 percent. Assetmark Inc. now owns 900 shares of the conglomerate's stock worth $105,000 after buying an additional 23 shares during the period. Chesley Taft & Associates LLC now owns 155,683 shares of the conglomerate's stock valued at $18,151,000 after buying an additional 7,170 shares during the last quarter. The volatility in the previous week has experienced by 1.75% and observed of 2.07% in the previous month.68.20% ownership is held by institutional investors while insiders hold ownership of 0.02%.

Want to see what other hedge funds are holding HON? It may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system. In this case, shares are 69.08% higher from $84.5, the worst price in 52 weeks suffered on Jul. 19, 2016, and are keeping their losses at 17.23% for the past six months.

Now we look at the Moving Averages, the 200-day is 11.3, the 50-day is 4.01 and the 20-day is 4.46. The company has market cap of $4.55 billion. (NYSE:HON) was sold by Deily Linnet F on Friday, November 4. On average, equities analysts predict that Honeywell International will post $7.04 earnings per share for the current fiscal year. (HON) on Friday reported first-quarter net income of $1.33 billion. Honeywell International had a net margin of 12.07% and a return on equity of 26.79%.

The 'Pretty Little Liars' Cast Attend Their Final Upfronts Together in NYC
Yvonne deserves better than this, but at least if she stays unconscious Toby and Spencer will be able to get back together... The game is titled " Liar's Lament " and features figurines of the girls surrounding a landscape of Rosewood.

Cards' Wainwright has HR, 4 RBIs in first win of season
He did an about face pitching five innings and driving in four runs in the Cardinals 6-3 over the Brewers in Milwaukee . The Cards are 19-8 in Martinez's last 27 road starts and are 21-10 in his last 31 outings versus divisional opponents.

U.S. justices lean towards church in key religious rights case
The state, however, denied the application despite having a program that provides funding for this objective . Three-quarters of the US states have provisions similar to Missouri's barring funding for religious entities.

Honeywell explained further that revenue from its aerospace unit - which manufactures engines for aircraft made by the likes of Bombardier, Textron and General Dynamics - was driven largely by growth in its commercial aftermarket, as well as gas turbo penetration in Europe and China. 10percent growth on a year-over-year basis. The manufacturing company says that it now expects earnings per share for the year to range from $6.90 to $7.10.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 9th. This represents a $2.66 dividend on an annualized basis and a yield of 2.05%.

"COPYRIGHT VIOLATION NOTICE: "[[title]]" was originally posted by [[site]] and is the property of of [[site]]. If you are reading this piece of content on another publication, it was illegally copied and reposted in violation of USA and worldwide copyright & trademark laws.

Several research analysts recently weighed in on the stock. Argus reiterated a "buy" rating and issued a $135.00 target price on shares of Honeywell International in a research note on Tuesday, January 31st. Zacks Investment Research lowered Honeywell International from a "hold" rating to a "sell" rating in a research report on Wednesday. Credit Suisse Group AG upped their price objective on shares of Honeywell International from $112.00 to $115.00 and gave the company a "neutral" rating in a research note on Monday, January 30th. The company maintains price to book ratio of 2.58 industry average at 2.92.

Other News

Trending Now

Multiple Renderings Reveal Potential iPhone 8 Design
If the delay is indeed true, it will indicate that Apple has likely decided on one of two iterations of the OLED iPhone. With the OLED iPhone availability set to be very limited, it has reduced his estimates to 80-90 million units.

Le Pen, Macron ahead in French presidential vote, partial official figures show
It's also the first ever to be held while France is under a state of emergency, put in place since the November 2015 attacks in Paris that left 130 people dead.

Brush Fires Lead To Mandatory Evacuation Order In Collier County
Florida Forest Service Deputy Chief John kern said they are planned for shifting weather patterns heading into the week. Florida's Forestry Arson Alert Association is offering up to a $5,000 reward for information leading to an arrest.

Here's How Hillary Clinton's Concession Speech Came Together
Steve Schale , among the most reliable Democratic strategists in the state, informed Clinton's campaign they were short on votes. Now she's taking flak for getting too deep in the weeds in the speech she gave at her campaign's first big rally in NY .

Nintendo WILL Release SNES Classic Edition In 2017
More so, considering Nintendo's sloth-like approach to adding games to it. The plan was always to move on to SNES Mini the next holiday season.

One killed as Class XII student celebrates last exam
It was also reported that a Class 12 student was driving the vehicle . "They were driving recklessly". The driver, a teenager, was with his two classmates when the accident occurred, police said.

Bucks overwhelm Raptors 104-77, take 2-1 series lead
This was all about the Bucks digging in on defence and making it all but impossible for the Raptors to score. At one point, the broadcast observed that he should be getting minutes against second units to get going.

US Crude Oil Imports Increased in 2016
Despite the gloomy data, oil investors are holding out hope for short-term good news about a decline in USA stocks. Brent for June settlement was 16 cents higher at $56.39 a barrel on the London-based ICE Futures Europe exchange.

FDA Issues Multiple Restrictions on Codeine, Tramadol Use
Regulators in Europe, Canada and Australia have all restricted the use of medicines containing codeine for children. It is frequently combined with other drugs in prescription and over-the-counter (OTC) cough and cold medicines.

Ryan's OT goal lifts Senators to 4-3 win
That didn't happen on Monday night once the Bruins fell down by a couple of goals early in the game. Then Brassard got on the board, slipping a slap shot by Rask for his second goal in two games.