The recent financial activities signal a mixed trend in Honeywell International Inc's fortunes. A number of investment and wealth management companies from Wall street such as Nwam LLC, CenterBook Partners LP, Schechter Investment Advisors LLC, and Prevail Innovative Wealth Advisors LLC among others have increased their stakes in the company. Bank of America Securities has rated Honeywell International as a 'Buy', reflecting a bullish market sentiment.
On the other hand, some firms have also lessened their stock holdings, including Victory Capital Management Inc and Wealthfront Advisers LLC. Jim Cramer has expressed positivity about the company's quantum computing prospects. The company has performed well in Q1 of 2025, surpassing market earnings estimates. A three-way organizational split is on the horizon with two division sales underway. Honeywell's focus on innovation, particularly in Quantum Computing and fire safety technologies, holds promise as it explores strategic overhauls.
Honeywell International HON News Analytics from Thu, 09 Jan 2025 08:00:00 GMT to Sat, 19 Jul 2025 19:21:44 GMT - Rating 0 - Innovation 3 - Information 2 - Rumor 7