Currently, there are 650.25M common shares owned by the public and among those 649.64M shares have been available to trade.
The company’s stock has a 5-day price change of 4.85% and 15.55% over the past three months. HON shares are trading 12.54% year to date (YTD), with the 12-month market performance up to 16.02% higher. It has a 12-month low price of $189.66 and touched a high of $242.77 over the same period. HON has an average intraday trading volume of 3.95 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.14%, 6.70%, and 13.55% respectively.
Institutional ownership of Honeywell International Inc (NASDAQ: HON) shares accounts for 77.99% of the company’s 650.25M shares outstanding.
It has a market capitalization of $153.41B and a beta (3y monthly) value of 1.05. The stock’s trailing 12-month PE ratio is 27.25, while the earnings-per-share (ttm) stands at $8.66. The company has a PEG of 3.46 and a Quick Ratio of 1.12 with the debt-to-equity ratio at 1.84. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.17% over the week and 1.63% over the month.
Earnings per share for the fiscal year are expected to increase by 8.46%, and 11.04% over the next financial year. EPS should grow at an annualized rate of 7.88% over the next five years, compared to -1.17% over the past 5-year period.
Looking at the support for the HON, a number of firms have released research notes about the stock. HSBC Securities stated their Buy rating for the stock in a research note on December 11, 2024, with the firm’s price target at $290. Robert W. Baird was of a view on October 25, 2024 that the stock is Neutral, while BofA Securities gave the stock Neutral rating on October 24, 2024, issuing a price target of $250- $230. JP Morgan on their part issued Neutral rating on October 10, 2024.
