Recent updates about Honeywell International Inc. (HON) reveal fluctuations in share transactions. Multiple institutional investors including Wealthspire Advisors, Oppenheimer Asset Management, and Advisory Services Network have reportedly sold their shares. However, entities like Empowered Funds, and Advisors Capital Management have beefed up their stakes in Honeywell. Also, FORA Capital LLC made a huge new investment in Honeywell amounting to $12.27 million.
Significant notices in terms of acquisitions have also been noted, with Honeywell set to attain Air Products' LNG Process Business and CAES for $1.9B in cash. Honeywell's stock has seen ups and downs in comparison to the market. Certain firms have also increased their Price Target for HON, adding more heat to its performance.
The company has a strong performance record, with its Q1 2024 Earnings surpassing the guidance and Aerospace Sales showing a year-on-year rise. In addition, Honeywell continues to gain attention for its robust growth potential, as reflected in its recent Q4 and Full Year 2023 results, and strong strategic SWOT Insight.
Honeywell International HON News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 14:47:28 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor -2
