Honeywell International Inc (NASDAQ: HON) is -1.84% lower on its value in year-to-date trading and has touched a low of $189.66 and a high of $242.77 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 $226.52 in the last trading session, with the day’s loss setting it -4.78%.
Currently trading at $221.74, the stock is -2.74% and -1.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.83 million and changing -2.11% at the moment leaves the stock 5.75% off its SMA200. HON registered 8.22% gain for a year compared to 6-month gain of 4.78%. The firm has a 50-day simple moving average (SMA 50) of $224.0742 and a 200-day simple moving average (SMA200) of $209.57225.
The stock witnessed a -3.50% loss in the last 1 month and extending the period to 3 months gives it a 8.81%, and is -3.39% 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 1.29% over the week and 1.86% over the month.
Honeywell International Inc (HON) has around 95000 employees, a market worth around $144.83B and $37.84B in sales. Current P/E ratio is 25.61 and Fwd P/E is 20.08. Profit margin for the company is 15.02%. Distance from 52-week low is 16.91% and -8.66% from its 52-week high. The company has generated returns on investments over the last 12 months (12.83%).
The EPS is expected to grow by 7.99% this year.
Honeywell International Inc (HON) Top Institutional Holders
2990.0 institutions hold shares in Honeywell International Inc (HON), with institutional investors hold 80.86% of the company’s shares. The shares outstanding are 650.25M, and float is at 649.66M with Short Float at 1.36%. 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 2.945 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 Nov 05 ’24, KAREN L MATTIMORE (Officer) Proposed Sale 12,532 shares at an average price of $211.48 for $2.65 million. The insider now directly holds shares of Honeywell International Inc (HON).
