|Bid||149.10 x 30000|
|Ask||149.40 x 30000|
|Day's Range||148.10 - 149.16|
|52 Week Range||111.80 - 154.90|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||16.54|
|Forward Dividend & Yield||2.94 (1.90%)|
|1y Target Est||N/A|
Honeywell's Latest Dividend(Continued from Prior Part)Honeywell’s dividend yield As of May 22, Honeywell’s (HON) dividend yield was ~1.9%, which is lower than the dividend yield of 2.06% at the end of the first quarter.
Honeywell's Latest Dividend(Continued from Prior Part)Honeywell’s second-quarter dividendIn a press release on April 29, Honeywell (HON) announced the key dates for its second-quarter dividend. To be eligible for the dividend, investors must hold
Honeywell's Latest DividendHoneywell’s stock performanceSince the beginning of 2019, Honeywell (HON) stock has remained positive. On a year-to-date basis, Honeywell has gained ~26%. The company has outperformed the broad-based S&P 500 (SPY),
trading at close to 52-week highs at around $168 and dividends yielding just 1.95%, value investors may wonder if the stock has any upside. On April 18, Honeywell reported non-GAAP EPS of $1.92 for the year as revenue grew 8% year-on-year to $8.9 billion. Honeywell's long-cycle businesses in commercial aerospace, defense and warehouse and process automation all added positively to organic sales.
Industrial Sector Updates: Honeywell and APDHoneywell reaffirms guidanceIn a press release on May 14, Honeywell (HON) provided insight into its second-quarter and the full-year earnings. The company also discussed future sales growth, margin
Honeywell raised the long-term margin guidance for its aerospace division Tuesday morning. That’s good news for the aerospace industry.
Honeywell and IFF Report Second-Quarter DividendsHoneywell declares second-quarter dividendIn a press release on April 29, Honeywell (HON) declared a regular cash dividend for the second quarter of 2019. HON also announced the key dates for its
Siemens AG and Honeywell International Inc. have built machines that pull packages from the back of a tractor-trailer and place them on conveyor belts, whizzing the parcels off for sorting. “The biggest challenge in our world is: Every single package is different in size, shape, weight, color, material,” said Ted Dengel, managing director of operations technology at FedEx’s ground-delivery unit. Automated unloaders took years to develop and still haven’t been perfected, reflecting the difficulty of working with an array of packages that are stacked differently from truck to truck.
The company slashed its 2019 guidance on Thursday amid declines in the automotive and electronics markets and weakness in China. 3M now expects to earn at most $9.75 a share this year after backing out environmental litigation charges, compared with a previous forecast for as much as $10.90. Industrial investors had seemingly decided worries about a peak in growth and profits were overblown, aided by impressively robust and well-rounded results out of Honeywell International Inc. and United Technologies Corp. Consider that 3M was up about 15 percent year to date heading into its earnings report despite lowering its outlook in January.
Good news all around for the industrial conglomerate's earnings. It reads across well for GE, Emerson Electric, and United Technologies, too.
Federal authorities say they've reached a proposed settlement with two companies for the cleanup of a former chemical plant near the Cape Fear River. The Justice Department and the Environmental Protection Agency said in a news release Thursday that the settlement was reached with Honeywell International Inc. and International Paper Co. The companies have agreed to treat, store and dispose of soils and sediments contaminated by metals that include mercury and PCBs. The settlement says the from 1963 to 2000, the LCP-Holtrachem plant made chemicals such as sodium hydroxide, liquid chlorine, hydrogen gas, liquid bleach and hydrochloric acid at the plant in Riegelwood in Columbus County, adjacent to the Cape Fear River.
Shares of the videoconferencing software company Zoom surged 72.2% on Thursday, its first day of trading. The bump gave Zoom a market cap of $16.7 billion. Pinterest PINS — Pinterest surged more than 28% in its first day of trading.
Honeywell earned $1.92 per share, 8 cents more than analysts expected, on sales of $8.9 billion. Honeywell stock was hot coming into the report, notching a 52-week high on Wednesday. It brings up a key question of just how far Honeywell stock can run.
Boeing has signalled that the proposed new mid-sized jetliner, known as NMA, will accelerate its drive to diversify beyond airframes and into services such as repairs and maintenance, where parts suppliers make much of their revenue. The trend by Boeing and other planemakers to encroach on the business models of their suppliers has already fuelled an industry power battle that analysts say could reach a critical point during supplier negotiations for the NMA. "If Boeing decides to move forward on the NMA ... we feel like we have got some very competitive offerings that we could provide on a platform," Lewis said.
The 737 MAX was grounded worldwide in March following two fatal crashes, forcing Boeing to freeze deliveries. The impact of the groundings and production rate cuts for the 737 MAX by Boeing is negligible for Honeywell in the second quarter, Chief Executive Officer Darius Adamczyk said on a conference call with analysts.
posted stronger-than-expected first quarter earnings, and boosted its full year outlook, thanks to a solid performance from its aerospace division. Honeywell said earnings for the three months ending in March came in at $1.92 per share, up 4.3% from the same period last year and ahead of the Street consensus forecast of $1.83 per share. Group revenues, Honeywell said, fell 15% from last year to $8.884 billion, but were paced by a 10% increase in organic sales from the group's aerospace division to $3.34 billion.
The industrial conglomerate Honeywell earned more than expected—good news for other companies in the sector.