Stocks of Honeywell International Inc (NASDAQ:HON) traded higher last session on Wall Street, up 0.78% to $209.62.
HON stock price is now -3.96% away from the 50-day moving average and -1.70% away from the 200-day moving average. The market capitalization of the company currently stands at $136.24B.
With the price target enhanced from $236 to $260, Deutsche Bank Upgraded its rating from Hold to Buy for Honeywell International Inc (NASDAQ: HON). On December 11, 2024, HSBC Securities Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $290, while ‘Wolfe Research’ rates the stock as ‘Peer Perform’
In other news, ROBIN WASHINGTON, Director bought 2,124 shares of the company’s stock on Feb 18 ’25. The stock was bought for $437,602 at an average price of $206.03. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 10 ’25, SrVP and General Counsel Madden Anne T sold 28,885 shares of the business’s stock. A total of $6,004,903 was realized by selling the stock at an average price of $207.89. This leaves the insider owning 41,580 shares of the company worth $8.72 million. A total of 0.11% of the company’s stock is owned by insiders.
During the past 12 months, Honeywell International Inc has had a low of $189.75 and a high of $242.77. As of last week, the company has a debt-to-equity ratio of 1.73, a current ratio of 1.31, and a quick ratio of 1.01.
The net profit margin was 14.82% and return on equity was 33.10% for HON. The company reported revenue of $10.09 billion for the quarter, compared to $9.44 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.86 percent.
