In the latest trading session,, 2.65 million Honeywell International Inc (NASDAQ:HON) shares changed hands as the company’s beta touched 1.07. With the company’s most recent per share price at $211.76 changing hands around $11.1 or 5.53% at last look, the market valuation stands at $136.22B. HON’s current price is a discount, trading about -14.64% off its 52-week high of $242.77. The share price had its 52-week low at $179.36, which suggests the last value was 15.3% up since then. When we look at Honeywell International Inc’s average trading volume, we note the 10-day average is 4.09 million shares, with the 3-month average coming to 4.75 million.
Analysts gave the Honeywell International Inc (HON) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.07. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended HON as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Honeywell International Inc’s EPS for the current quarter is expected to be 2.55.
Honeywell International Inc (NASDAQ:HON) trade information
Instantly HON is in green as seen in intraday trades today. With action 6.75%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -6.26%, with the 5-day performance at 6.75% in the green. However, in the 30-day time frame, Honeywell International Inc (NASDAQ:HON) is 0.68% up. Looking at the short shares, we see there were 8.26 million shares sold at short interest cover period of 1.6 days.
The consensus price target for the stock as assigned by Wall Street analysts is 243.5, meaning bulls need an upside of 13.03% from its recent market value. According to analyst projections, HON’s forecast low is 240 with 247 as the target high. To hit the forecast high, the stock’s price needs a -16.64% plunge from its current level, while the stock would need to soar -13.34% for it to hit the projected low.
Honeywell International Inc (HON) estimates and forecasts
Year-over-year growth is forecast to reach 4.80% up from the last financial year.
Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of 10.15B. 1 analysts are of the opinion that Honeywell International Inc’s revenue for the current quarter will be 10.21B. The company’s revenue for the corresponding quarters a year ago was 9.58B and 9.73B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.98%. The estimates for the next quarter sales put growth at 4.90%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0.69%. The 2025 estimates are for Honeywell International Inc earnings to increase by 5.00%, but the outlook for the next 5-year period is at 8.11% per year.
HON Dividends
Honeywell International Inc is expected to release its next quarterly earnings report on 2025-Feb-05. The 2.09% annual yield figure for the share gives it an annual dividend of 4.42. It is important to note, however, that the 2.09% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.0 per year.
Honeywell International Inc (NASDAQ:HON)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.10% of Honeywell International Inc shares while 85.98% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 86.06%. There are 85.98% institutions holding the Honeywell International Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.3627% of the shares, roughly 60.88 million HON shares worth $13.0 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.2945% or 40.93 million shares worth $8.74 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 20.37 shares estimated at $4.31 billion under it, the former controlled 2.93% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.53% of the shares, roughly 17.6 shares worth around $3.73 billion.
