Honeywell International Inc (NASDAQ: HON) is 11.54% higher on its value in year-to-date trading and has touched a low of $185.71 and a high of $225.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HON stock was last observed hovering at around $225.24 in the last trading session, with the day’s gains setting it 8.67%.
Currently trading at $233.91, the stock is 8.75% and 11.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.07 million and changing 3.85% at the moment leaves the stock 14.54% off its SMA200. HON registered 25.28% gain for a year compared to 6-month gain of 15.11%. The firm has a 50-day simple moving average (SMA 50) of $209.667 and a 200-day simple moving average (SMA200) of $204.2093.
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The stock witnessed a 7.50% loss in the last 1 month and extending the period to 3 months gives it a 18.38%, and is 12.04% 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 3.02% over the week and 2.04% over the month.
Honeywell International Inc (HON) has around 95000 employees, a market worth around $152.10B and $37.84B in sales. Current P/E ratio is 27.01 and Fwd P/E is 21.18. Profit margin for the company is 15.02%. Distance from 52-week low is 25.95% and 3.81% from its 52-week high. The company has generated returns on investments over the last 12 months (12.83%).
with sales reaching $10.24B over the same period.The EPS is expected to grow by 11.08% this year, but quarterly earnings will post 5.40% year-over-year. Quarterly sales are estimated to grow 8.50% in year-over-year returns.
Honeywell International Inc (HON) Top Institutional Holders
2967.0 institutions hold shares in Honeywell International Inc (HON), with institutional investors hold 80.86% of the company’s shares. The shares outstanding are 652.18M, and float is at 649.67M with Short Float at 1.43%. Institutions hold 80.79% 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
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Still, SEC filings show that on Oct 29 ’24, GREGORY LEWIS (Officer) Proposed Sale 26,110 shares at an average price of $206.64 for $5.4 million. The insider now directly holds shares of Honeywell International Inc (HON).
