With 1.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.1 million shares. The 52-week range on HON shows that it touched its highest point at $210.87 and its lowest point at $174.88 during that stretch. It currently has a 1-year price target of $221.57. With its current market cap of 129.94 billion, HON has annualized dividend of $4.22 while the current yield stands at 2.12%. Beta for the stock currently stands at 1.02.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HON was up-trending over the past week, with a rise of 0.03%, but this was up by 0.98% over a month. Three-month performance surged to 1.69% while six-month performance rose 6.01%. The stock gained 2.46% in the past year, while it has lost -4.99% so far this year. A look at the trailing 12-month EPS for HON yields 8.47 with Next year EPS estimates of 10.88. For the next quarter, that number is 2.18. This implies an EPS growth rate of 8.69% for this year and 9.31% for next year. EPS is expected to grow by 8.18% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.17%.
Float and Shares Shorts:
At present, 652.18 million HON shares are outstanding with a float of 651.57 million shares on hand for trading. On Feb 15, 2024, short shares totaled 7.16 million, which was 1.10% higher than short shares on Jan 12, 2024. In addition to HON as the firm’s Honeywell International Inc., ON serves as its ON Semiconductor Corporation.
Institutional Ownership:
Through their ownership of 79.11% of HON’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HON since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Dividends & Yield:
In terms of dividends, HON has a current ratio of $4.32, which is $4.32 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and HON currently yields $2.12. In the past year, HON’s dividend yield has been $2.12, but when looking at the stock over the past five years, its yield has been $1.96. Accordingly, HON has a current buyback yield of $2.72. This was $2.72 for the TTM, and it was $2.60 for the past five years.
Summary of Insider Activity:
Insiders traded HON stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 29 while that of sell transactions has risen to 22 over the past year. The total number of shares bought during that period was 115,051 while 74,770 shares were sold.
