The stock of Honeywell International Inc (NASDAQ:HON) last traded at $193.02, down -0.91% from the previous session.
HON stock price is now -2.56% away from the 50-day moving average and -0.92% away from the 200-day moving average. The market capitalization of the company currently stands at $125.88B.
With the price target reduced from $227 to $215, Deutsche Bank Downgraded its rating from Buy to Hold for Honeywell International Inc (NASDAQ: HON). On March 06, 2024, Berenberg Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $195 to quote $240, while ‘UBS’ rates the stock as ‘Sell’
In other news, Adamczyk Darius, Director sold 25,500 shares of the company’s stock on Feb 12 ’24. The stock was sold for $5,028,345 at an average price of $197.19. Upon completion of the transaction, the Director now directly owns 183,400 shares in the company, valued at $35.4 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 05 ’24, SrVP and General Counsel Madden Anne T sold 25,000 shares of the business’s stock. A total of $4,851,750 was realized by selling the stock at an average price of $194.07. This leaves the insider owning 33,683 shares of the company worth $6.5 million. A total of 0.10% of the company’s stock is owned by insiders.
During the past 12 months, Honeywell International Inc has had a low of $174.88 and a high of $210.87. As of last week, the company has a debt-to-equity ratio of 1.48, a current ratio of 1.66, and a quick ratio of 1.28.
The net profit margin was 15.52% and return on equity was 33.72% for HON. The company reported revenue of $9.44 billion for the quarter, compared to $9.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.77 percent.
