Honeywell International Inc (NASDAQ: HON) is -0.37% lower on its value in year-to-date trading and has touched a low of $179.36 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 $224.94 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $225.06, the stock is 5.64% and 8.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.98 million and changing 0.05% at the moment leaves the stock 5.72% off its SMA200. HON registered 8.92% gain for a year compared to 6-month loss of -2.43%.
The stock witnessed a 15.87% gain in the last 1 month and extending the period to 3 months gives it a 6.76%, and is 3.13% 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 1.69% over the month.
Honeywell International Inc (HON) has around 102000 employees, a market worth around $144.64B and $39.21B in sales. Current P/E ratio is 25.85 and Fwd P/E is 19.80. Profit margin for the company is 14.51%. Distance from 52-week low is 25.48% and -7.29% from its 52-week high. The company has generated returns on investments over the last 12 months (12.89%).
with sales reaching $10.01B over the same period.The EPS is expected to grow by 5.45% this year, but quarterly earnings will post 4.53% year-over-year. Quarterly sales are estimated to grow 4.54% in year-over-year returns.
Honeywell International Inc (HON) Top Institutional Holders
The shares outstanding are 642.68M, and float is at 641.89M with Short Float at 1.03%.
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 9.3627% 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 4.7577% 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).
