Honeywell International Inc. (HON) has been making noteworthy market moves. The company saw an increase in its share value despite market slips, demonstrating resilience. Notably, the stock was up 6.7% since their last earnings report. Investments in the company have also been on the rise with prominent firms like Ameriflex Group Inc., Ascent Group LLC, 111 Capital and Legacy Wealth Management LLC among others, purchasing substantial number of shares. The company is reportedly in the advanced stages to acquire Johnson Matthey Catalyst Unit. This comes in amidst a significant restructuring in the company; HON added Marc Steinberg, a partner of Elliott, to its board. Honeywell's strong performance is also noticeable with its stock showing significant growth amid economic shifts, leading Jim Cramer to mark it as 'dramatically undervalued'. On the foreseeable horizon, the company is expected to beat earnings estimates and Wall Street estimates key metrics for Q1 look positive. These figures may strongly influence Honeywell's future market position.
Honeywell International HON News Analytics from Sun, 09 Feb 2025 08:00:00 GMT to Sat, 31 May 2025 19:40:43 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor -3
