Honeywell International Inc (NASDAQ: HON) is -7.69% lower on its value in year-to-date trading and has touched a low of $189.75 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 $205.52 in the last trading session, with the day’s gains setting it 3.0%.
Currently trading at $208.52, the stock is -5.33% and -7.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.98 million and changing 1.46% at the moment leaves the stock -1.77% off its SMA200. HON registered 7.43% gain for a year compared to 6-month gain of 4.35%. The firm has a 50-day simple moving average (SMA 50) of $225.0394 and a 200-day simple moving average (SMA200) of $212.2218.
The stock witnessed a -5.29% loss in the last 1 month and extending the period to 3 months gives it a -3.64%, and is -6.25% 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 2.74% over the week and 2.24% over the month.
Honeywell International Inc (HON) has around 95000 employees, a market worth around $135.59B and $38.49B in sales. Current P/E ratio is 23.94 and Fwd P/E is 18.08. Profit margin for the company is 14.82%. Distance from 52-week low is 9.89% and -14.11% from its 52-week high. The company has generated returns on investments over the last 12 months (12.78%).
with sales reaching $9.59B over the same period.The EPS is expected to grow by 6.65% this year, but quarterly earnings will post 5.13% year-over-year. Quarterly sales are estimated to grow 5.36% in year-over-year returns.
Honeywell International Inc (HON) Top Institutional Holders
The shares outstanding are 650.25M, and float is at 647.56M with Short Float at 1.36%.
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 08 ’24, D. SCOTT DAVIS (Director) Proposed Sale 2,450 shares at an average price of $218.37 for $0.54 million. The insider now directly holds shares of Honeywell International Inc (HON).
