Honeywell International Inc. (HON) has seen various shifts in its stock positions. Numerous acquisition and sales of the company's stock have occurred from different groups. Asset companies such as Money Concepts Capital Corp and Mirae Asset Global Investments Co. Ltd. have increased their positions, while others like Mcdaniel Terry & Co and Phillips Wealth Planners LLC have lowered theirs. Honeywell’s stock dipped more than the broader market, however, it continues to be considered a strong investment, with a bull case theory presented.
Famed stock market analyst Jim Cramer regards Honeywell as a prime candidate in quantum computing stocks and undervalued, promoting a reaffirmed buy rating. The company also made significant advances with a successful autonomous helicopter test and disclosed its aerospace spin-off plans at the Paris Air Show. Wallet Street has a bullish view on HON. Nevertheless, Honeywell’s stocks slipped despite market gains, pushing investors to question the right time to buy the stocks.
In the latest news, Honeywell acquired Sundyne for 2.16 billion dollars to expand its process industry capabilities and detailed its profitability at risk due to some operational challenges. Honeywell's stock price declined following the announcement of a three-way split.
Honeywell International HON News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 28 Jun 2025 16:53:17 GMT - Rating 3 - Innovation 1 - Information 6 - Rumor -2
