Growth Story Still Intact For Honeywell International Inc (HON)

Honeywell International Inc (HON) concluded trading on Wednesday at a closing price of $210.81, with 4.86 million shares of worth about $1.03 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.20% during that period and on February 19, 2025 the price saw a gain of about 1.33%. Currently the company’s common shares owned by public are about 649.80M shares, out of which, 649.01M shares are available for trading.

Stock saw a price change of 1.87% in past 5 days and over the past one month there was a price change of -5.29%. Year-to-date (YTD), HON shares are showing a performance of -6.68% which increased to 6.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $189.75 but also hit the highest price of $242.77 during that period. The average intraday trading volume for Honeywell International Inc shares is 3.99 million. The stock is currently trading -2.32% below its 20-day simple moving average (SMA20), while that difference is down -4.95% for SMA50 and it goes to -0.87% lower than SMA200.

Honeywell International Inc (NASDAQ: HON) currently have 649.80M outstanding shares and institutions hold larger chunk of about 82.17% of that.

The stock has a current market capitalization of $137.01B and its 3Y-monthly beta is at 1.06. PE ratio of stock for trailing 12 months is 24.20, while it has posted earnings per share of $8.71 in the same period. Its PEG reads 2.89 and has Quick Ratio of 1.01 while making debt-to-equity ratio of 1.73. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HON, volatility over the week remained 1.74% while standing at 1.97% over the month.

Stock’s fiscal year EPS is expected to rise by 6.43% while it is estimated to increase by 9.61% in next year. EPS is likely to grow at an annualized rate of 8.38% for next 5-years, compared to annual growth of 0.69% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Deutsche Bank on February 07, 2025 offering a Buy rating for the stock and assigned a target price range of between $236 and $260 to it. Coverage by HSBC Securities stated Honeywell International Inc (HON) stock as a Buy in their note to investors on December 11, 2024, suggesting a price target of $290 for the stock. On October 28, 2024, Wolfe Research Downgrade their recommendations, while on October 25, 2024, Robert W. Baird Downgrade their ratings for the stock with a price target of $217. Stock get a Neutral rating from BofA Securities on October 24, 2024.

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