Honeywell International Inc. (NYSE: HON) is -0.21% lower on its value in year-to-date trading and has touched a low of $101.08 and a high of $216.70 in the current 52-week trading range. The HON stock was last observed hovering at around $208.46 in the last trading session, with the day’s gains setting it 3.8% off its average median price target of $221.50 for the next 12 months. It is also 18.36% off the consensus price target high of $260.00 offered by 24 analysts, but current levels are -28.64% lower than the price target low of $165.00 for the same period.
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Currently trading at $212.26, the stock is 0.66% and 6.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.64 million and changing 1.82% at the moment leaves the stock 30.32% off its SMA200. HON registered 19.51% gain for a year compared to 6-month gain of 45.79%. The firm has a 50-day simple moving average (SMA 50) of $209.01 and a 200-day simple moving average (SMA200) of $174.01.
The stock witnessed a -0.20% loss in the last 1 month and extending the period to 3 months gives it a 27.19%, and is 1.50% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.92% over the week and 1.73% over the month.
Honeywell International Inc. (HON) has around 113000 employees, a market worth around $147.71B and $33.23B in sales. Current P/E ratio is 31.54 and Fwd P/E is 26.77. Profit margin for the company is 15.00%. Distance from 52-week low is 109.99% and -2.05% from its 52-week high. The company has generated returns on investments over the last 12 months (17.20%).
Honeywell International Inc. (HON) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Honeywell International Inc. (HON) is a “Overweight”. 24 analysts offering their recommendations for the stock have an average rating of 2.10, where 9 rate it as a Hold and 2 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Honeywell International Inc. is expected to release its quarterly report on 04/16/2021 and quarterly earnings per share for the current quarter are estimated at $2 with sales reaching $8.39B over the same period.The EPS is expected to shrink by -4.40% this year, but quarterly earnings will post -12.40% year-over-year. Quarterly sales are estimated to shrink -11.60% in year-over-year returns.
Honeywell International Inc. (HON) Top Institutional Holders
2,424 institutions hold shares in Honeywell International Inc. (HON), with 1.06M shares held by insiders accounting for 0.15% while institutional investors hold 78.58% of the company’s shares. The shares outstanding are 702.60M, and float is at 700.47M with Short Float at 0.87%. Institutions hold 78.47% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 52.1 million shares valued at $8.58 billion. The investor’s holdings represent 7.42% of the HON Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 40.89 million shares valued at $6.73 billion to account for 5.83% of the shares outstanding. The other top investors are State Street Corporation which holds 35.03 million shares representing 4.99% and valued at over $5.77 billion, while Capital World Investors holds 4.06% of the shares totaling 28.49 million with a market value of $4.69 billion.
Honeywell International Inc. (HON) Insider Activity
A total of 39 insider transactions have happened at Honeywell International Inc. (HON) in the last six months, with sales accounting for 22 and purchases happening 17 times. The most recent transaction is an insider purchase by HONEYWELL INTERNATIONAL INC, the company’s May be a member of 10% group. SEC filings show that HONEYWELL INTERNATIONAL INC bought 4,000 shares of the company’s common stock on Dec 21 at a price of $4.20 per share for a total of $16800.0. Following the purchase, the insider now owns 2.9 million shares.
Honeywell International Inc. disclosed in a document filed with the SEC on Dec 17 that HONEYWELL INTERNATIONAL INC (May be a member of 10% group) bought a total of 15,000 shares of the company’s common stock. The trade occurred on Dec 17 and was made at $4.20 per share for $63000.0. Following the transaction, the insider now directly holds 2.89 million shares of the HON stock.
Still, SEC filings show that on Nov 13, HONEYWELL INTERNATIONAL INC (May be a member of 10% group) acquired 17,100 shares at an average price of $4.18 for $71478.0. The insider now directly holds 2,877,116 shares of Honeywell International Inc. (HON).
Honeywell International Inc. (HON): Who are the competitors?
The company’s main competitors (and peers) include Emerson Electric Co. (EMR) that is trading 6.20% up over the past 12 months. Short interest in the company’s stock has risen 12.83% from the last report on Nov 12, 2020 to stand at a total of 5.3 million short shares sold with a short interest ratio of 1.89.