Honeywell International Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

April 5, 2021 10:10:47

Honeywell International Inc. (NYSE:HON) traded today at a new 52-week high of $220.11. So far today approximately 412,000 shares have been exchanged, as compared to an average 30-day volume of 3 million shares.

Honeywell International Inc. (NYSE:HON) defies analysts with a current price ($220.03) 1.4% above its average consensus price target of $217.06.

In the past 52 weeks, shares of Honeywell International Inc. have traded between a low of $117.11 and a high of $220.11 and is now at $220.03, which is 88% above that low price.

Honeywell traces its roots to inventor Albert Butz’s company, Butz-Thermo Electric Regulator, in 1885, which produced a predecessor to the modern thermostat. From its origins developing climate control technology, which still operates today, Honeywell has emerged as a sprawling conglomerate with operations that span the globe. Today, it operates through four business segments–aerospace, building technologies, performance materials and technologies, and safety and productivity solutions–increasingly transforming itself into a software-industrial company serving diverse end markets like the U.S. defense, e-commerce, and oil and gas industries.

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