Honeywell International (HON) has posted noteworthy updates recently. For Q2 2024, they surpassed earnings estimates, primarily driven by a rise in Aerospace sales. Although outputting strong Q2 earnings results, Honeywell decreased its profit forecast, causing a drop of about 4% in its share prices. This comes alongside Wells Fargo and other firms' lowering of HON's price targets. HON stocks did witness intermittent rises, however, some unrelated to overall market trends. Strategic SWOT insights of HON unearth potential short and long-term growth potential, while Wall Street analysts often recommend 'hold' for HON stocks and predict earnings growth. Analyst outlooks, though, remain mixed following the company's earnings report, and HON is trending among investors. The company is also paying out a quarterly dividend, with ex-dividend set for August 16th. Investment holdings in HON have seen alterations, with both increases and cuts by various asset management entities. News of acquisitions suggests a proactive approach towards growth by Honeywell.
Honeywell International HON News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 28 Jul 2024 11:25:42 GMT -
Rating -5
- Innovation 2
- Information 5
- Rumor 4
