Honeywell International Inc (NASDAQ: HON) is -6.68% 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 $208.04 in the last trading session, with the day’s gains setting it 2.77%.
Currently trading at $210.81, the stock is -2.32% and -4.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.86 million and changing 1.33% at the moment leaves the stock -0.87% off its SMA200. HON registered 6.50% gain for a year compared to 6-month gain of 6.20%.
The stock witnessed a -5.29% loss in the last 1 month and extending the period to 3 months gives it a -8.61%, and is 1.87% 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 1.74% over the week and 1.97% over the month.
Honeywell International Inc (HON) has around 102000 employees, a market worth around $137.01B and $38.50B in sales. Current P/E ratio is 24.20 and Fwd P/E is 18.27. Profit margin for the company is 14.82%. Distance from 52-week low is 11.10% and -13.16% from its 52-week high. The company has generated returns on investments over the last 12 months (12.67%).
with sales reaching $9.59B over the same period.The EPS is expected to grow by 6.43% 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.
The shares outstanding are 649.80M, and float is at 649.01M with Short Float at 1.08%.
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
Honeywell International Inc disclosed in a document filed with the SEC on Feb 10 ’25 that Madden Anne T (SrVP and General Counsel) sold a total of 28,885 shares of the company’s common stock. The trade occurred on Feb 10 ’25 and was made at $207.89 per share for $6.0 million. Following the transaction, the insider now directly holds 41580.0 shares of the HON stock.
Still, SEC filings show that on Feb 10 ’25, ANNE T MADDEN (Officer) Proposed Sale 28,885 shares at an average price of $207.90 for $6.01 million. The insider now directly holds shares of Honeywell International Inc (HON).
