Honeywell International Inc (NASDAQ: HON) is -0.10% 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 $223.09 in the last trading session, with the day’s gains setting it 2.57%.
Currently trading at $225.66, the stock is 0.77% and -0.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.04 million and changing 1.15% at the moment leaves the stock 7.04% off its SMA200. HON registered 12.25% gain for a year compared to 6-month gain of 3.81%. The firm has a 50-day simple moving average (SMA 50) of $226.674 and a 200-day simple moving average (SMA200) of $210.6817.
The stock witnessed a -0.54% loss in the last 1 month and extending the period to 3 months gives it a 1.88%, and is 2.79% 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 1.71% over the week and 1.76% over the month.
Honeywell International Inc (HON) has around 95000 employees, a market worth around $146.73B and $37.84B in sales. Current P/E ratio is 26.06 and Fwd P/E is 20.66. Profit margin for the company is 15.02%. Distance from 52-week low is 18.98% and -7.05% 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 6.57% this year
3017.0 institutions hold shares in Honeywell International Inc (HON), with institutional investors hold 81.91% 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 81.84% 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
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).
