WallStreetZenWallStreetZen

How to Buy Honeywell International Stock

Honeywell International Inc

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide.

Honeywell International stock last closed at $205.13, up 2.05% from the previous day, and has increased 9.12% in one year. It has overperformed other stocks in the Conglomerates industry by 0.23 percentage points. Honeywell International stock is currently +17.3% from its 52-week low of $174.88, and -2.72% from its 52-week high of $210.87.

There are currently 652.18M HON shares outstanding. The market cap of HON is $133.78B. In the last 24 hours, 2.69M HON shares were traded.

How to Buy Honeywell International Stock

Wondering how to invest in Honeywell International stock? Here's how.
  1. Decide where to buy Honeywell International stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Honeywell International stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Pick your payment method and add your information.
  4. Research Honeywell International stock: The Honeywell International ticker symbol is HON. Is Honeywell International stock a good investment? Should you buy shares of HON? How do HON's underlying business fundamentals look? Do top analysts think Honeywell International is a good buy? Why has HON's stock price moved recently? (Hint: Our stock market research website can help you understand if HON is a good stock to buy).
  5. Place your HON purchase: Decide if you will purchase HON shares at the current market price or use a limit order to purchase HON stock at a specific price.
  6. Keep tabs on your investment in HON: Create a watchlist to monitor your new investment in Honeywell International shares.

Step 1: Decide where to buy Honeywell International stock

You need a brokerage account to access the NASDAQ market and buy HON stock.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our analysis, eToro is the best stock brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to world financial markets: From Tech to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your stock purchase by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've chosen your brokerage, you need to fill out some personal information so you are able to buy HON stock today.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal data to start your new brokerage account.
  1. Submit your data by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you have opened your account on investing apps, you need to deposit funds:

Watch this video walkthrough if you need help transferring money into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Honeywell International stock

After you have selected the best place to buy Honeywell International stock, it's absolutely critical to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.

Honeywell International quick stats

HON Price
$205.13
1w %
1.96%
1y %
9.12%
5y %
30.56%
P/E
24.05x
P/B
8.44x
P/S
3.65x
PEG
1.35x
Revenue
$36.66B
Earnings
$5.66B
Fore. Rev. Growth
4.76%
Fore. Earn. Growth
19.74%
Market Cap
$133.78B
Next Earnings
Apr 25, 2024
Next Dividend
N/A

Honeywell International Zen Score

WallStreetZen was created to help part-time investors perform better fundamental analysis in less time.

You can view all of the due diligence checks on HON's stock page.

Is HON stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge HON's fair value.

Using relative valuations metrics:

  • HON may be overvalued based on its P/E ratio of 24.05x, relative to Conglomerates industry P/E ratio of 14.97x
  • HON could be overvalued based on its P/B ratio of 8.44x, relative to Conglomerates industry P/B ratio of 5.25x
  • HON may be overvalued based on its PEG ratio of 1.35x

You can do additional valuation analysis on HON's stock here.

HON Financial Health

Positive Health Checks:

  • HON earnings of $7.91B is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the HON balance sheet.
  • HON's operating cash flow of $5.34B allows it to safely service it's debt of $20.44B.
  • HON profit margin has gone up from 14% to 15.4% in the past year.

Negative Health Checks:

  • HON has a relatively high debt to equity ratio of 2.84.
  • There are more long-term liabilities than short-term assets on the HON balance sheet.
  • Total HON debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy Honeywell International stock

Out of 4 sell side analysts who give recommendations on HON, the consensus analyst rating on HON is a Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Honeywell International stock forecast page.

HON Trading Indicators

SMA10
199.77
SMA20
199.74
SMA50
199.03
SMA100
198.34
SMA200
195.47
MACD
0.75
MACD Signal
0.3
MACD Histogram
0.45
RSI
62.05
Stochastic %K
68.5
Stochastic %D
61.35
StochRSI %K
66.04
StochRSI %D
59.9

How are HON Revenues/Earnings doing?

Last year, HON earnings were $5.66B. Over the past five year, HON's earnings have increased by -1.29% per year. This was slower than the Conglomerates industry average of 2.09%.

Last year, HON revenue was $36.66B. In the past 5 year, HON's revenue has grown by -2.59% per year. This was slower than the Conglomerates industry average of -0.79%.

Dive into HON's earnings and revenue performance here.

Latest Insiders Trades at HON

In the last 12 months, insiders at HON have sold more shares than they have bought.

Darius Adamczyk, Director of HON, was the latest HON insider to sell. They sold $719,937.90 worth of HON stock on Feb 27, 2024.

Get more info about who owns HON stock here.

Can I get consistent income from HON stock?

Honeywell International pays a dividend of 2.06%, compared to the Conglomerates industry's average dividend yield of 2.96%. If you owned $1,000 worth of HON stock, you would have been paid $20.57 last year.

Honeywell International dividend payments have consistently grown over the past decade and have remained stable.

Find more analysis about Honeywell International dividend yield and history here.

What do other traders have to say about HON?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your HON purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount limit, place a limit order.

Click the Open Trade button and eToro will execute the order.

If you need additional assistance investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Keep tabs on your investment in HON

Now that you own some HON stock, you'll want to stay up-to-date on your stock purchase.

Create a watchlist to get the latest updates about your HON stock.

HON Feed

How to Buy Stock in Honeywell International

To summarize, here are the 6 steps for buying Honeywell International stock:

  1. Decide where to buy Honeywell International stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Research Honeywell International stock
  5. Place your HON purchase
  6. Keep tabs on your investment in HON

If you need a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your new investment in Honeywell International, click the button below.

NASDAQ: HON
$205.13+4.13 (+2.05%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: HON
$205.13+4.13 (+2.05%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Honeywell International share?

As of Mar 27, 2024, it costs $205.13 to buy one share of Honeywell International stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.487 shares of HON.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Honeywell International stock?

According to 4 Wall Street analysts who monitor Honeywell International, their consensus recommendation is to buy Honeywell International stock.

What is the best way to buy Honeywell International stock?

One way to place an order for Honeywell International stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.