Honeywell International Inc (NASDAQ: HON) is -6.10% 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 $211.85 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $212.12, the stock is 0.75% and -0.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.81 million and changing 0.13% at the moment leaves the stock -0.77% off its SMA200. HON registered 5.33% gain for a year compared to 6-month gain of 4.31%. The firm has a 50-day simple moving average (SMA 50) of $213.9958 and a 200-day simple moving average (SMA200) of $213.7621.
The stock witnessed a 1.05% loss in the last 1 month and extending the period to 3 months gives it a -6.51%, and is 1.13% 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 1.51% over the week and 1.75% over the month.
Honeywell International Inc (HON) has around 102000 employees, a market worth around $137.62B and $38.50B in sales. Current P/E ratio is 24.35 and Fwd P/E is 18.53. Profit margin for the company is 14.82%. Distance from 52-week low is 11.79% and -12.63% 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 5.35% 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
3246.0 institutions hold shares in Honeywell International Inc (HON), with institutional investors hold 85.25% of the company’s shares. The shares outstanding are 649.80M, and float is at 648.06M with Short Float at 1.27%. Institutions hold 85.17% 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 6.2945 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).
