Honeywell International Inc (NASDAQ: HON) is -3.41% 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 $220.17 in the last trading session, with the day’s loss setting it -1.98%.
Currently trading at $218.19, the stock is -3.84% and -2.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.58 million and changing -0.90% at the moment leaves the stock 3.92% off its SMA200. HON registered 8.21% gain for a year compared to 6-month gain of 1.55%. The firm has a 50-day simple moving average (SMA 50) of $224.818 and a 200-day simple moving average (SMA200) of $209.96706.
The stock witnessed a -3.07% loss in the last 1 month and extending the period to 3 months gives it a 2.10%, and is -3.25% 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 1.47% over the week and 1.85% over the month.
Honeywell International Inc (HON) has around 95000 employees, a market worth around $141.88B and $37.84B in sales. Current P/E ratio is 25.20 and Fwd P/E is 19.88. Profit margin for the company is 15.02%. Distance from 52-week low is 15.04% and -10.12% from its 52-week high. The company has generated returns on investments over the last 12 months (12.83%).
with sales reaching $9.84B over the same period.The EPS is expected to grow by 7.10% this year, but quarterly earnings will post 4.69% year-over-year. Quarterly sales are estimated to grow 4.24% in year-over-year returns.
Honeywell International Inc (HON) Top Institutional Holders
2995.0 institutions hold shares in Honeywell International Inc (HON), with institutional investors hold 80.87% of the company’s shares. The shares outstanding are 650.25M, and float is at 649.66M with Short Float at 1.49%. 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).
