Honeywell International Inc. (HON) stock continues to see significant activity in the market. Investment firms such as Oak Harvest, Cibc World Market Inc., and Caprock Group LLC are either boosting or trimming their stakes. Simultaneously, firms such as First Citizens Bank & Trust Co. and Cohen Klingenstein LLC are lowering their holdings. Amid these activities, shares of Honeywell have reportedly inched up despite overall market gains. HON's Q4 earnings expected to decline, with projections placing Earnings Per Share underperforming relative to market competitors. Some indicators show Honeywell is currently under prime technical measure. The company is in the news for possibly considering divestment of its Aerospace business and with reports of activist pressures from Elliott for potential restructurings. In spite of some market dips, Honeywell continues to show potential according to Hedge Funds, maintaining its position as a diversified dividend stock and securing strong interest on quantum computing stocks for 2025. Investors are eager for their Q3 earnings detailing key metrics, and there is talk about a potential Aerospace spinoff.
Honeywell International HON News Analytics from Thu, 17 Oct 2024 07:00:00 GMT to Sat, 01 Feb 2025 14:08:10 GMT -
Rating 2
- Innovation 0
- Information 8
- Rumor -5
