It Seems Honeywell International Inc. Will Go Up. Had Bullish Options Activity


 It Seems Honeywell International Inc. Will Go Up. Had Bullish Options Activity

In today’s session Honeywell International Inc. (HON) registered an unusually high (182) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious HON increase. With 182 contracts traded and 2004 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: HON161118C00115000 closed last at: $0.4 or 37.9% up. About 2.69M shares traded hands. Honeywell International Inc. (NYSE:HON) has risen 0.45% since March 14, 2016 and is uptrending. It has underperformed by 5.16% the S&P500.

Analysts await Honeywell International Inc. (NYSE:HON) to report earnings on October, 21. They expect $1.70 earnings per share, up 8.28% or $0.13 from last year’s $1.57 per share. HON’s profit will be $1.30B for 15.89 P/E if the $1.70 EPS becomes a reality. After $1.66 actual earnings per share reported by Honeywell International Inc. for the previous quarter, Wall Street now forecasts 2.41% EPS growth.

Honeywell International Inc. (NYSE:HON) Ratings Coverage

Out of 16 analysts covering Honeywell International Inc. (NYSE:HON), 11 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 69% are positive. Honeywell International Inc. has been the topic of 37 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Credit Suisse maintained the shares of HON in a report on Monday, April 25 with “Neutral” rating. The rating was maintained by Argus Research with “Buy” on Tuesday, October 20. The stock of Honeywell International Inc. (NYSE:HON) has “Neutral” rating given on Monday, June 6 by UBS. On Monday, November 16 the stock rating was maintained by Barclays Capital with “Overweight”. Citigroup maintained Honeywell International Inc. (NYSE:HON) on Tuesday, April 19 with “Buy” rating. The rating was maintained by Deutsche Bank on Tuesday, August 25 with “Buy”. The firm has “Buy” rating given on Monday, April 25 by Jefferies. The company was initiated on Thursday, January 21 by Citigroup. The stock has “Buy” rating given by Argus Research on Tuesday, July 26. RBC Capital Markets maintained Honeywell International Inc. (NYSE:HON) rating on Monday, October 19. RBC Capital Markets has “Outperform” rating and $120 price target.

According to Zacks Investment Research, “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. Its operations are conducted by strategic business units, which have been aggregated under four reportable segments: Aerospace Solutions, Automation & Asset Management, Performance Materials and Power & Transportation Products.”

Insitutional Activity: The institutional sentiment decreased to 0.97 in Q2 2016. Its down 0.06, from 1.03 in 2016Q1. The ratio dropped, as 52 funds sold all Honeywell International Inc. shares owned while 466 reduced positions. 85 funds bought stakes while 418 increased positions. They now own 570.07 million shares or 2.94% less from 587.36 million shares in 2016Q1.
Cramer Rosenthal Mcglynn Ltd Liability Com last reported 180,875 shares in the company. Barometer Mngmt holds 2.19% of its portfolio in Honeywell International Inc. (NYSE:HON) for 189,900 shares. Dixon Hubard Feinour & Brown Inc Va last reported 2,118 shares in the company. Grimes & Incorporated, a Massachusetts-based fund reported 4,732 shares. Bangor National Bank last reported 0.09% of its portfolio in the stock. Hall Laurie J Trustee accumulated 1,000 shares or 0.08% of the stock. Endurance Wealth accumulated 50 shares or 0% of the stock. Moreover, First Western Cap Mngmt Company has 1.71% invested in Honeywell International Inc. (NYSE:HON) for 40,140 shares. Winslow Cap Mgmt Lc last reported 3.01 million shares in the company. Eagle Global Advsr Limited Liability Co owns 86,565 shares or 0.3% of their US portfolio. Us Savings Bank De has 0.32% invested in the company for 733,304 shares. Edge Asset last reported 469,210 shares in the company. White Pine Ltd Liability Company holds 0.76% of its portfolio in Honeywell International Inc. (NYSE:HON) for 15,536 shares. Sigma Planning accumulated 19,868 shares or 0.3% of the stock. Ingalls Snyder Ltd Liability Corp owns 5,248 shares or 0.04% of their US portfolio.

Insider Transactions: Since April 18, 2016, the stock had 0 buys, and 15 selling transactions for $107.64 million net activity. On Thursday, July 28 the insider Kramvis Andreas sold $212,380. $1.62M worth of Honeywell International Inc. (NYSE:HON) shares were sold by Adamczyk Darius. Another trade for 188,420 shares valued at $21.69 million was made by FRADIN ROGER on Monday, April 18. COTE DAVID M also sold $62.08 million worth of Honeywell International Inc. (NYSE:HON) on Friday, August 5. Deily Linnet F sold $384,938 worth of stock or 3,319 shares. 38,630 shares were sold by Mahoney Timothy O., worth $4.45M. Szlosek Thomas A had sold 28,317 shares worth $3.25 million.

Honeywell International Inc. is a technology and manufacturing company. The company has a market cap of $82.80 billion. The Firm operates in three divisions: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). It has a 17.11 P/E ratio. The Company’s Aerospace segment supplies aircraft engines, integrated avionics, systems and service solutions, and related services and products for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors.

HON Company Profile

Honeywell International Inc. (Honeywell), incorporated on November 24, 1999, is a technology and manufacturing company. The Firm offers aerospace services and products; turbochargers; control, sensing and security technologies for buildings, homes and industry; chemicals, electronic and materials, and process technology for refining and petrochemicals, and energy products and solutions for homes, business and transportation. The Firm operates in three divisions: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT).

More recent Honeywell International Inc. (NYSE:HON) news were published by: which released: “Relative Strength Alert For Honeywell International” on October 07, 2016. Also published the news titled: “Why Tyson Foods, Inc. (TSN), Honeywell International Inc. (HON) and Sarepta …” on October 07, 2016.‘s news article titled: “3 Big Stock Charts: Honeywell International Inc. (HON), Gap Inc (GPS) and …” with publication date: October 10, 2016 was also an interesting one.

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