Honeywell International Inc (NASDAQ: HON) is -7.66% 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 $213.82 in the last trading session, with the day’s loss setting it -5.23%.
Currently trading at $208.59, the stock is -0.63% and -3.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.22 million and changing -2.45% at the moment leaves the stock -2.25% off its SMA200. HON registered 2.95% gain for a year compared to 6-month gain of 5.28%.
The stock witnessed a 1.49% loss in the last 1 month and extending the period to 3 months gives it a -7.82%, and is 0.28% 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 2.27% over the week and 1.88% over the month.
Honeywell International Inc (HON) has around 102000 employees, a market worth around $135.33B and $38.50B in sales. Current P/E ratio is 23.95 and Fwd P/E is 18.14. Profit margin for the company is 14.82%. Distance from 52-week low is 9.93% and -14.08% 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 648.06M 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
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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).
