Honeywell International Inc (NASDAQ: HON) is -3.03% lower on its value in year-to-date trading and has touched a low of $174.88 and a high of $220.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HON stock was last observed hovering at around $203.70 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $203.35, the stock is -0.17% and -0.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.83 million and changing -0.17% at the moment leaves the stock 0.44% off its SMA200. HON registered 4.58% gain for a year compared to 6-month gain of 0.98%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 0.96% loss in the last 1 month and extending the period to 3 months gives it a -5.46%, and is -0.39% down 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 1.46% over the week and 1.56% over the month.
Honeywell International Inc (HON) has around 95000 employees, a market worth around $132.11B and $37.32B in sales. Current P/E ratio is 23.19 and Fwd P/E is 18.15. Profit margin for the company is 15.50%. Distance from 52-week low is 16.28% and -7.90% from its 52-week high. The company has generated returns on investments over the last 12 months (14.94%).
with sales reaching $9.91B over the same period.The EPS is expected to grow by 10.38% this year, but quarterly earnings will post 6.90% year-over-year. Quarterly sales are estimated to grow 7.30% in year-over-year returns.
Honeywell International Inc (HON) Top Institutional Holders
2986.0 institutions hold shares in Honeywell International Inc (HON), with institutional investors hold 80.43% of the company’s shares. The shares outstanding are 652.18M, and float is at 649.10M with Short Float at 1.05%. Institutions hold 80.36% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 60.88 million shares valued at $13.0 billion. The investor’s holdings represent 9.3326% of the HON Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 40.93 million shares valued at $8.74 billion to account for 6.2742 of the shares outstanding. The other top investors are STATE STREET CORP which holds 30.93 million shares representing 4.7424% and valued at over $6.61 billion, while JPMORGAN CHASE & CO holds 2.9355 of the shares totaling 19.15 million with a market value of $4.09 billion.
Honeywell International Inc (HON) Insider Activity
#####
Honeywell International Inc disclosed in a document filed with the SEC on May 15 ’24 that Adamczyk Darius (Director) sold a total of 28,500 shares of the company’s common stock. The trade occurred on May 15 ’24 and was made at $203.96 per share for $5.81 million. Following the transaction, the insider now directly holds 0.2 million shares of the HON stock.
Still, SEC filings show that on Apr 29 ’24, Lewis Gregory P (SrVP & Chief Financial Officer) disposed off 25,209 shares at an average price of $193.06 for $4.87 million. The insider now directly holds 55,471 shares of Honeywell International Inc (HON).
