Honeywell International (NASDAQ: HON) has seen considerable movement in its stock recently with the acquisition of over 12000 shares by Clearline Capital LP and a position boost by Fullcircle Wealth LLC. This coincides with Honeywell’s expansion of its partnership for VX4 eVTOL Aircraft Certification and its improved RS rating.Bank of America Securities also upgraded HON to a Buy rating, calling the stock ‘dramatically undervalued’. Q1 earning estimates are expected to be surpassed, which is reflected in the stock’s stable upwards trend as confirmed by Wall Street. This was complemented by Aristotle Atlantic Partners LLC and Cambridge Investment Research Advisors Inc. reducing their shares in HON. On the contrary, firms such as Baird Financial Group Inc. and Axa S.A. reduced their share holdings. Honeywell has also made share repurchase and updated its earnings guidance, providing a positive performance outlook. Honeywell plans to counterbalance tariffs alongside a rise in their stocks due to their strong results. Despite these positive signs, Honeywell's stock has seen movement in the opposite direction with some market gain.
Honeywell International HON News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 10 May 2025 13:15:34 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 2
