HON

Market Sentiment – Analyzing HON's Decline

Honeywell International stock is trading -10.7% below its average target price of $226.7 after dropping -5.2% during today's morning session. Analysts are giving the Large-Cap Aerospace & Defense company an average rating of buy and target prices ranging from $195.0 to $250.0 per share.

Honeywell International's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.1%. The stock's short ratio is 2.69. At 0.09%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.

Another number to watch is the company's rate of institutional share ownership, which now stands at 79.8%. In conclusion, we believe there is mixed market sentiment regarding Honeywell International.

Institutions Invested in Honeywell International

Date Reported Holder Percentage Shares Value
2024-03-31 Vanguard Group Inc 9% 61,107,382 $12,371,189,299
2024-03-31 Blackrock Inc. 6% 42,269,903 $8,557,541,733
2024-03-31 State Street Corporation 4% 31,158,170 $6,307,971,421
2024-03-31 Morgan Stanley 3% 18,460,910 $3,737,411,173
2024-03-31 Wellington Management Group, LLP 3% 17,581,338 $3,559,341,824
2024-03-31 JP Morgan Chase & Company 2% 16,519,719 $3,344,417,061
2024-03-31 Newport Trust Company, LLC 2% 15,677,997 $3,174,010,444
2024-03-31 Massachusetts Financial Services Co. 2% 13,997,338 $2,833,761,035
2024-03-31 Bank of America Corporation 2% 13,872,848 $2,808,558,035
2024-03-31 Geode Capital Management, LLC 2% 13,679,617 $2,769,438,419
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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