Honeywell International Inc (NASDAQ: HON) is -7.92% 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 $212.02 in the last trading session, with the day’s loss setting it -4.02%.
Currently trading at $208.00, the stock is -1.19% and -4.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.73 million and changing -1.90% at the moment leaves the stock -2.45% off its SMA200. HON registered 4.66% gain for a year compared to 6-month gain of 0.24%.
The stock witnessed a -7.03% loss in the last 1 month and extending the period to 3 months gives it a -9.42%, and is -1.89% 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 1.82% over the week and 1.98% over the month.
Honeywell International Inc (HON) has around 102000 employees, a market worth around $135.18B and $38.50B in sales. Current P/E ratio is 23.88 and Fwd P/E is 18.09. Profit margin for the company is 14.82%. Distance from 52-week low is 9.62% and -14.32% from its 52-week high. The company has generated returns on investments over the last 12 months (12.67%).
with sales reaching $9.6B over the same period.The EPS is expected to grow by 5.79% this year, but quarterly earnings will post 5.00% year-over-year. Quarterly sales are estimated to grow 5.40% in year-over-year returns.
Honeywell International Inc (HON) Top Institutional Holders
The shares outstanding are 649.80M, and float is at 649.21M with Short Float at 1.17%.
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
A total of 0 insider transactions have happened at Honeywell International Inc (HON) in the last six months, with sales accounting for 0 and purchases happening 0 times.
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).
Honeywell International Inc (HON): Who are the competitors?
The company’s main competitors (and peers) include GE Aerospace (GE) that is trading 56.26% up over the past 12 months. 3M Co. (MMM) that is 88.56% higher over the same period.
