Market Update: Honeywell International Inc (NYSE:HON) – Honeywell Brings Nobel Laureate Wolfgang Ketterle To CETYS University In Mexicali, Mexico

[PR Newswire] – MEXICALI, Mexico, Feb. 24, 2016 /PRNewswire/ — Honeywell (NYSE: HON) today brought Nobel Laureate Wolfgang Ketterle to Centro de Enseñanza Técnica y Superior (CETYS) University, Mexicali, for a two-day program of exchanges with students and faculty. More than 2,500 university and high school students attended his lecture, including students who attended via live webstreaming at CETYS campuses in Tijuana and Ensenada, as well as the Ensenada Center for Scientific Research and Higher Education and the Center for Nanoscience and Nanotechnology. The Honeywell Initiative for Science & Engineering (HISE), organized by Honeywell Hometown Solutions, the company’s corporate citizenship initiative, teaches, trains, and inspires university students around the world by giving them hands-on exposure to a cadre of brilliant scientific minds that are making a real and measurable impact in today’s world , including Nobel Prize-winning laureates in physics and chemistry and Honeywell’s top technologists and engineers. Read more on this. Honeywell International Inc. (HON) , valued at $78.88B, opened this morning at $102.33. Shares have traded today between $101.25 and $103.70 per share with a trailing 52-week range being $87.00 to $111.86. Priced at 15.73x this year’s forecasted earnings, HON shares are relatively expensive compared to the industry ’s 13.20x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $2.38 per share annually in dividends, yielding 2.22%. Consensus earnings for the current quarter by the 19 sell-side analysts covering the stock is an estimate of $1.50 per share, which would be $0.09 better than the year-ago quarter and a $0.03 sequential decrease. The full-year EPS estimate is $6.59, which would be a $0.49 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $9.36 Billion. If reported, that would be a 1.63% increase over the year-ago quarter. More recently, UBS Initiated HON at Neutral (Jan 22, 2015). Previously, Stifel Nicolaus Initiated HON at to Buy. The average price target for HON shares is $115.29, which is 12.66% above where the stock opened this morning. See more in (NYSE:HON) Similar Articles: Market Update: Honeywell International Inc (NYSE:HON) – Honeywell Completes Acquisition Of COM DEV International’s Space Hardware And Systems Business Stock Update (NYSE:HON): Honeywell Brings Nobel Laureate Eric Cornell To Universitatea Politehnica Bucuresti To Inspire Students To Pursue Science And Engineering Market Update: Honeywell International Inc (NYSE:HON) – Honeywell and NASA Bring Hip-Hop Science Series To Kentucky Middle Schools