Recent market activities highlight a varied performance for Honeywell International Inc. (HON). The company's stock has been reportedly underperforming against competitors and making minor gains and losses in the broader market. Expectations for Q2 2024 earnings are a solid $2.32 per share according to Zacks Research. Their Q1 2024 earnings saw a surpass of estimates. Acquisition of substantial shares by Corient Private Wealth and AMG National Trust Bank indicate confidence in long-term growth, despite some managers trimming holdings. Elsewhere HON garnered attention with strong Q4 and full-year 2023 results and positive 2024 projections. Regardless of some market dips, Honeywell continues to emerge as an attractive investment and a potential growth stock for the long-term. Encouraging Aerospace sales and strong earnings from Q4 2023 have contributed to this reputation. However, there have been instances of stock decline, despite overall market improvement. Investors should keep a close watch on Honeywell's forthcoming moves to assess the potential risks and returns.
Honeywell International HON News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Thu, 23 May 2024 04:47:58 GMT - Rating 5 - Innovation 1 - Information 8 - Rumor -2
