Analysts See $0.02 EPS for IAMGOLD (IAG); Public Sector Pension Investment Board Cut Honeywell Intl (HON) Holding By $20.04 Million

April 17, 2018 - By Marguerite Chambers

Honeywell International Inc. (NYSE:HON) Logo

Analysts expect IAMGOLD Corporation (NYSE:IAG) to report $0.02 EPS on May, 8 after the close.They anticipate $0.01 EPS change or 100.00% from last quarter’s $0.01 EPS. IAG’s profit would be $8.96M giving it 69.88 P/E if the $0.02 EPS is correct. After having $-0.03 EPS previously, IAMGOLD Corporation’s analysts see -166.67% EPS growth. It closed at $5.59 lastly. It is down 33.84% since April 17, 2017 and is uptrending. It has outperformed by 22.29% the S&P500.

Public Sector Pension Investment Board decreased Honeywell Intl Inc (HON) stake by 61.32% reported in 2017Q4 SEC filing. Public Sector Pension Investment Board sold 131,000 shares as Honeywell Intl Inc (HON)’s stock declined 5.96%. The Public Sector Pension Investment Board holds 82,646 shares with $12.68 million value, down from 213,646 last quarter. Honeywell Intl Inc now has $110.77 billion valuation. The stock increased 0.86% or $1.26 during the last trading session, reaching $148.01. About 763,449 shares traded. Honeywell International Inc. (NYSE:HON) has risen 15.94% since April 17, 2017 and is uptrending. It has outperformed by 4.39% the S&P500.

Among 14 analysts covering Iamgold Corp (NYSE:IAG), 4 have Buy rating, 3 Sell and 7 Hold. Therefore 29% are positive. Iamgold Corp had 46 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by HSBC on Monday, October 26 to “Reduce”. Canaccord Genuity upgraded the shares of IAG in report on Thursday, August 6 to “Sell” rating. The firm earned “Hold” rating on Tuesday, October 17 by RBC Capital Markets. The rating was maintained by Raymond James with “Market Perform” on Thursday, June 15. The stock has “Hold” rating by RBC Capital Markets on Monday, June 5. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, November 7. The firm has “Sector Performer” rating by IBC given on Monday, June 27. Canaccord Genuity downgraded IAMGOLD Corporation (NYSE:IAG) rating on Friday, September 29. Canaccord Genuity has “Hold” rating and $8.07 target. The firm earned “Hold” rating on Monday, August 28 by RBC Capital Markets. The rating was upgraded by Canaccord Genuity on Wednesday, October 19 to “Buy”.

IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. The company has market cap of $2.50 billion. It also explores for copper and silver. It has a 5.22 P/E ratio. The firm owns interest in the Rosebel gold mine located in north eastern Suriname, South America; Essakane gold mine in north-eastern Burkina Faso, West Africa; Westwood gold mine in southwestern Qu??bec, Canada; and Sadiola, as well as Yatela gold mines situated in southwest Mali, West Africa.

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.03, from 1.14 in 2017Q3. It is negative, as 42 investors sold HON shares while 490 reduced holdings. 154 funds opened positions while 439 raised stakes. 531.30 million shares or 5.59% less from 562.75 million shares in 2017Q3 were reported. Jane Street Group Inc Llc reported 170,624 shares stake. Moreover, Parthenon Ltd Llc has 0.09% invested in Honeywell International Inc. (NYSE:HON) for 2,657 shares. Texas-based Employees Retirement Sys Of Texas has invested 0.39% in Honeywell International Inc. (NYSE:HON). Northstar owns 2,812 shares. D Scott Neal invested in 235 shares. Archford Cap Strategies Lc accumulated 0.62% or 10,818 shares. National Bank, Texas-based fund reported 5,612 shares. Macguire Cheswick & Tuttle Inv Counsel Ltd Com holds 109,947 shares or 3.07% of its portfolio. Patten Patten Tn reported 47,704 shares. 2,559 are owned by Moon Capital Mngmt Limited Liability. Cornerstone Advsr has invested 0.61% in Honeywell International Inc. (NYSE:HON). Brown Advisory holds 0.04% in Honeywell International Inc. (NYSE:HON) or 84,324 shares. Mount Vernon Associates Md accumulated 14,367 shares. Vision Mngmt has 1.86% invested in Honeywell International Inc. (NYSE:HON) for 41,674 shares. 31,361 were reported by Salem Investment Counselors.

Public Sector Pension Investment Board increased Berkshire Hathaway Inc Del (BRKB) stake by 145,700 shares to 485,861 valued at $96.31M in 2017Q4. It also upped Expedia Inc Del (Put) (NASDAQ:EXPE) stake by 50,000 shares and now owns 700,000 shares. Willis Towers Watson Pub Ltd was raised too.

Analysts await Honeywell International Inc. (NYSE:HON) to report earnings on April, 20 before the open. They expect $1.89 earnings per share, up 13.86% or $0.23 from last year’s $1.66 per share. HON’s profit will be $1.41 billion for 19.58 P/E if the $1.89 EPS becomes a reality. After $1.85 actual earnings per share reported by Honeywell International Inc. for the previous quarter, Wall Street now forecasts 2.16% EPS growth.

Among 21 analysts covering Honeywell International Inc. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Honeywell International Inc. had 94 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, April 25 by Credit Suisse. Stifel Nicolaus maintained Honeywell International Inc. (NYSE:HON) on Thursday, December 14 with “Buy” rating. The stock of Honeywell International Inc. (NYSE:HON) has “Outperform” rating given on Thursday, October 6 by Robert W. Baird. The firm has “Buy” rating given on Thursday, August 24 by Stifel Nicolaus. The stock has “Buy” rating by RBC Capital Markets on Wednesday, April 12. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, July 5 report. As per Tuesday, July 25, the company rating was maintained by Credit Suisse. The firm has “Buy” rating by Vertical Research given on Friday, October 20. UBS maintained the stock with “Neutral” rating in Monday, June 6 report. Robert W. Baird maintained Honeywell International Inc. (NYSE:HON) on Tuesday, February 20 with “Buy” rating.

Since February 14, 2018, it had 0 buys, and 2 sales for $874,731 activity. The insider PARDO JAIME CHICO /FA sold 2,868 shares worth $448,440. Another trade for 2,886 shares valued at $426,291 was sold by Deily Linnet F.

Honeywell International Inc. (NYSE:HON) Institutional Positions Chart

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