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Saturday, June 3, 2023

Searching For Real Value In Market Debris At Honeywell International Inc. (NASDAQ: HON)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Honeywell International Inc. (HON) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.61, or -0.32%, to $193.01. The Honeywell International Inc. has recorded 168,222 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted HONEYWELL COMPLETES FIRST FLIGHT MANAGED BY HONEYWELL ANTHEM INTEGRATED FLIGHT DECK.

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Stocks Info

As a NASDAQ listed company, HON falls under the Industrials sector while operating within the Conglomerates industry segment. At the end of the last regular session, the stock closed at $193.62 and fluctuated between $195.31 as its day high and $192.72 as its day low. The current market capitalization of Honeywell International Inc. is $129.08B. A total of 2.1 million shares were traded on the day, compared to an average of 2.81M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, HON has seen 13 BUY and 4 SELL insider trades, representing the acquisition of 10,584 and the disposition of 3,356 shares. Over the last 12 months, there were 49 BUYs and 43 SELLs from insiders. Insiders purchased 359,596 shares during that period but sold 285,393.

In the most recent transaction, Kapur Vimal sold 6,500 shares of HON for 197.46 per share on May 08. After the transaction, the President & COO now owns 8,622 company shares. In a previous transaction on Nov 18, Koutsaftes George sold 5,420 shares at 214.17 per share. HON shares that President and CEO, SPS owns now total 7,343.

Among the insiders who sold shares, Adamczyk Darius disposed of 40,520 shares on Nov 08 at a per-share price of $211.20. This resulted in the Chairman and CEO holding 170,881 shares of HON after the transaction. In another insider transaction, Kapur Vimal sold 7,500 shares at $207.46 per share on Nov 07. Company shares held by the President & COO now total 13,896.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Honeywell International Inc. pays an annual dividend of $4.12, resulting in a dividend yield of 2.13%, and it has a price to earnings (P/E) ratio of 25.14. HON’s most recent ex-dividend date was 5/11/2023 when it declared a $1.03 quarterly dividend that was paid in cash on 6/2/2023. Previously, the company paid the dividend on 3/10/2023 with an ex-dividend date of 2/23/2023. The HON stock dividend was $1.03 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for HON in the last 3 months, the mean price target is $220.90 with high estimates of $265.00 and low estimates of $185.00. In terms of 52-week highs and lows, HON has a high of $220.96 and a low of $166.63.

As of this writing, HON has an earnings estimate of $2.2 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $2.24 per share and a lower estimate of $2.17. The company reported an EPS of $2.52 in the last quarter, which was 0.40% higher than expectations of $2.51.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. HON’s latest balance sheet shows that the firm has $11.52B in Cash & Short Term Investments as of fiscal 2021. There were $19.60B in debt and $19.51B in liabilities at the time. Its Book Value Per Share was $25.34, while its Total Shareholder’s Equity was $19.25B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HON is Buy with a score of 4.07.

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