Many investment companies and banks are adjusting their positions in Honeywell International Inc. (NASDAQ: HON). While some are cutting their shares, others are increasing their stake, making the market movements challenging to predict. Notably,
Deutsche Bank AG purchased a significant 390,284 shares, while
the Swiss National Bank holds a stake worth $388.35 million.
HON remains attractive to some due to its status as a
top 25 dividend giant with 2.04% yield. Its recent Q2 earnings beat estimates, and revenues surpassed expectations. However, there are concerns regarding Q2's slimmer margins and flat industrial automation results.
Aerospace technologies unit's strength is deemed a positive factor.
Anticipated innovations such as its venture into quantum computing have appealed to stakeholders like Jim Cramer. Nevertheless, HON’s stock experienced a dip larger than the broader market, sparking conversations whether it's time to sell or a great opportunity to buy. The firm also announced a strategic overhaul and explored selling two divisions before a planned 2026 split.
Honeywell International HON News Analytics from Thu, 29 May 2025 07:00:00 GMT to Sat, 09 Aug 2025 15:50:49 GMT -
Innovation 7
- Information 7
- Rumor -4
