American Trust owns $7.24 million of
Honeywell International Inc. (HON) while
Chelsea Counsel Co. reduced its stock holdings. Honeywell's stock has been underperforming compared to its competitors on some days, yet also sees gains when the market dips. Organizations such as
Peterson Wealth Management and
Studio Investment Management are among those adjusting their positions, alongside others like the
O Dell Group and
Bayesian Capital Management expressing new investments. The company has issued Q2 and FY 2024 earnings guidance and a Q1 2024 earnings call transcript.
UBS Group upgraded their rating of HON to neutral based on the valuation while others speculate about HON’s performance in the industrial sector. On the other hand, Honeywell's Q1 earnings and revenues surpassed estimates leading to a 5% rise in its stock.
Honeywell has also updated its 2024 outlook after acquiring
Carrier's Global Access Solutions Unit. This improved forecast is despite seeing some dips in the broader market and enduring periods of stocks declining as the market improves. A SWOT insight into HON is available, that may offer some light as
Honeywell navigates these turbulent times.
Honeywell International HON News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 16 Jun 2024 15:56:21 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 2
