Honeywell International Inc. (HON) continues to make strategic moves while attracting various investments from companies like
NewEdge Advisors LLC,
GKV Capital Management Co. Inc., etc, despite seeing its price target cut to $229.00 by Citigroup. Notably, there is an anticipated upsurge due to share purchases and a potential spin-off. Large transactions, like
Demars Financial Group LLC's $155.41 Million investment and
Mariner LLC's acquisition of 77,600 shares, showcase confidence in HON. However, recent uncertainties lead to
Aristotle Capital selling its HON share. The upcoming
Q4 earnings report is expected to greatly impact the company's future performance. HON also announces a leadership change amidst a proxy battle over governance. HON is making inroads in Quantum-safe networks with its recent partnership in Montreal, despite its share fluctuating amid market uptick. Another noteworthy event being Honeywell's Identity as one of the leading Quantum Computing Stocks to buy was welcomed positively by investors. Moreover, despite a slight decline in HON share amidst market uptick, positive sentiments persist within investors and analysts alike, with companies like Kennedy Capital Management LLC, Harbert Fund Advisors Inc., and Crux Wealth Advisors continuing to invest, while others, like Fortis Capital Advisors LLC, reduce their holdings.
Honeywell International HON News Analytics from Tue, 12 Nov 2024 08:00:00 GMT to Sat, 19 Apr 2025 13:42:47 GMT -
Rating 2
- Innovation -3
- Information 9
- Rumor -8
