gamesindustryblog.com
gamesindustryblog.com June 29, 2017


Honeywell Tops Profit And Sales Estimates

26 April 2017, 08:49 | Ignacio Smith

Honeywell Earnings Are Good Despite Weak Comps

Honeywell enjoys 'strong start to 2017,' as Q1 earnings beat estimates

Oregon Public Employees Retirement Fund now owns 258,418 shares of the conglomerate's stock valued at $30,129,000 after buying an additional 63,649 shares in the last quarter.

Honeywell International Inc. has a one year low of $105.25 and a one year high of $131.34.

Several other large investors also recently modified their holdings of HON.

On 8/4/2016 D Scott Davis, Director, sold 7,415 with an average share price of $116.21 per share and the total transaction amounting to $861,697.15. Morgan Stanley now owns 11,693,854 shares of the conglomerate's stock valued at $1,363,390,000 after buying an additional 455,732 shares in the last quarter. State Street Corp boosted its position in shares of Honeywell International by 4.4% in the fourth quarter. Fiduciary Management Inc. WI now owns 5,038,398 shares of the conglomerate's stock valued at $583,698,000 after buying an additional 1,885,005 shares in the last quarter. First National Bank & Trust invested in 43,426 shares or 0.42% of the stock. LLC now owns 942 shares of the conglomerate's stock worth $110,000 after buying an additional 566 shares during the period.

Exxonmobil Investment Management Inc. (NYSE:HON) has "Strong-Buy" rating given on Friday, August 28 by Vetr. The fund acquired 5,954 shares of the conglomerate's stock, valued at approximately $690,000. The stock price of YUMC is moving up from its 20 days moving average with 10.58% and isolated positively from 50 days moving average with 17.83%. Alpha Windward LLC raised its position in shares of Honeywell International by 0.7% in the third quarter.

Analysts were expecting 2017 earnings of $7.03 per share, according to Thomson Reuters I/B/E/S.

No More Red Beacons Atop Cars For VIPs - Effective May 1
With a view to strengthening healthy democratic values in the country, the Central Government took another historic step today. Delhi chief minister Arvind Kejriwal took the lead in 2015 by asserting he would not have the red beacon on his vehicle .

In the trailing 12 months period, return on assets ratio of the Company was -3.80% and return on equity ratio was -9.80% while its return on investment ratio was -3.80%. The company had revenue of $9.49 billion for the quarter, compared to analysts' expectations of $9.33 billion. During the same period in the prior year, the company earned $1.56 EPS.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 9th.

On 2/12/2016 Honeywell International announced a quarterly dividend of $0.60 with an ex dividend date of 2/23/2016 which will be payable on 3/10/2016. This represents a $2.66 dividend on an annualized basis and a yield of 2.05%.

WARNING: "Ladenburg Thalmann Financial Services Inc. (HON)" was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this article on another site, it was copied illegally and reposted in violation of USA & global copyright laws. "(HON)" was originally published by BBNS and is owned by of BBNS. However, the company's most recent quarter decrease of 0% looks unattractive. Zacks Investment Research cut Honeywell International from a "hold" rating to a "sell" rating in a research report on Tuesday, December 27th. RBC Capital Markets has "Outperform" rating and $145 target. Citigroup Inc reaffirmed a "buy" rating and set a $147.00 price objective (up previously from $140.00) on shares of Honeywell International in a research note on Tuesday. $114.47's average target is -11.15% below currents $128.83 stock price. Argus reiterated a "buy" rating and issued a $135.00 price objective on shares of Honeywell International in a research report on Tuesday, January 31st.

Home and Building Technologies reported sales of $2.55 billion, up 3%, with a profit of $389 million. Performance Materials and Technologies sales jumped 5%, and Safety and Productivity Solutions sales rose 3%.



Other News

Trending Now

Turkey hits Kurdish Areas in Iraqi Sinjar, N. East Syria
Turkey has long claimed that the area was becoming a hotbed for PKK rebels. Kurdish officials were not immediately available for comment.

Ivanka Trump heads to Berlin for women's conference
Donald Trump will prioritise the European Union ahead of Britain over free-trade deals with the U.S. , officials have said.

Apple iPhone 8 could start production in November; September launch highly unlikely
More high-concept ones include models that feature glass on the front and back and sport Touch ID underneath the OLED display. From limited supply to tricky components, here are the main problems and effects of the Apple iPhone 8's late arrival.

Brilliant Rashford sends United to Europa League semis
The 19-year-old had also scored the opening goal in United's 2-0 win over Chelsea on Sunday after Ibrahimovic was rested. The draw for the next round of the Europa League takes place on Friday.

Senate Confirms Ex-Georgia Gov. Sonny Perdue As Agriculture Secretary
The U.S. dairy industry claims Canada unfairly lowered the price of its own "ultra-filtered" to reduce American imports. The American Farm Bureau Federation welcomes the confirmation and swearing in of Agriculture Secretary Sonny Perdue .

March for Science and Peoples Climate March are Inherently Connected
We open up the Donkin coal mine in Nova Scotia, and at the same time say that we are going to do something about climate change. Geoffrey Supran added, "The March for Science and the Peoples Climate March go hand-in-hand".

Saudi King Salman fires top officials, restores benefits to state employees
In other changes, Salman dismissed minister of information and culture Adel Al Turaifi and replaced him with Awad Al Awad. Meanwhile, Saudi Minister of State for Civil Service Khaled Al Araj was removed from his post and set to be investigated.

Saudis among kidnapped hunters freed in Iraq
An official said the victims' identities are being verified before being handed over to the Qatari delegation. For example, Qatar's capital city of Doha has hosted talks between the Taliban and Afghan government.

Dade says it's following immigration law
Earlier this week, Sessions accused sanctuary cities of undermining law enforcement efforts to fight transnational street gangs. Justice Department records show New Orleans received almost $266,000 in grant money through the program in fiscal 2016.

General election: UK Parliament approves Theresa May's snap vote
British Prime Minister Theresa May (L) meets with President of the European Parliament Antonio Tajani at 10 Downing Street in London , Britain on April 20, 2017.