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The Potential Rise in the Price of Honeywell International Inc (HON) following insiders activity

In a filing, Honeywell International Inc revealed its SrVP and General Counsel Madden Anne T unloaded Company’s shares for reported $6.0 million on Feb 10 ’25. In the deal valued at $207.89 per share,28,885 shares were sold. As a result of this transaction, Madden Anne T now holds 41,580 shares worth roughly $8.6 million.

Then, ANNE T MADDEN bought 28,885 shares, generating $6,005,108 in total proceeds.

Before that, KEVIN BURKE bought 504 shares. Honeywell International Inc shares valued at $116,258 were divested by the Director at a price of $230.67 per share.

Deutsche Bank upgraded its Honeywell International Inc [HON] rating to a Buy from a a Hold in a research note published on February 07, 2025; the price target was increased to $260 from $236. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. Wolfe Research also remained covering HON and has decreased its forecast on October 28, 2024 with a “Peer perform” recommendation from previously “an Outperform” rating. Robert W. Baird revised its rating on October 25, 2024. It rated HON as “a Neutral” which previously was an “an Outperform”.

Price Performance Review of HON

On Tuesday, Honeywell International Inc [NASDAQ:HON] saw its stock fall -0.76% to $206.94. Over the last five days, the stock has lost -7.43%. Honeywell International Inc shares have fallen nearly -8.39% since the year began. Nevertheless, the stocks have risen 6.97% over the past one year. While a 52-week high of $242.77 was reached on 01/13/25, a 52-week low of $189.75 was recorded on 02/10/25. SMA at 50 days reached $224.13, while 200 days put it at $212.34.

Levels Of Support And Resistance For HON Stock

The 24-hour chart illustrates a support level at 205.37, which if violated will result in even more drops to 203.79. On the upside, there is a resistance level at 208.93. A further resistance level may holdings at 210.91. The Relative Strength Index (RSI) on the 14-day chart is 32.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -11.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.57%. Stochastics %K at 8.22% indicates the stock is a buying.

How much short interest is there in Honeywell International Inc?

A steep rise in short interest was recorded in Honeywell International Inc stocks on 2025-01-15, dropping by 10681.0 shares to a total of 8.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 8.81 million shares. There was a decline of -0.12%, which implies that there is a negative sentiment for the stock.

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