Investor interest in
Honeywell International's (HON) is increasing, as evidenced by the influx of investments, including the acquisition of new positions by several groups such as Graham Capital Management, Paulson & CO. Inc., and Belmont Capital. However, some entities like Royal Bank of Canada, Baird Financial Group and Jump Financial have lessened their stakes. Honeywell has undergone significant strategic shifts, like the announced
acquisition of three utility platforms from SparkMeter, and the spin-off of Solstice Advanced Materials, which could impact investment narratives. The company also has a massive
$600M investment in its
Quantinuum venture and there have been leadership shifts ahead of spin-offs. Analysts have a target price of
$254 on Honeywell International and the company's
Q2 earnings and revenues have surpassed estimates. Notably, Honeywell has 78% ownership by institutional owners, suggesting considerable market confidence. However, Honeywell's stock has slightly underperformed in the industrial sector and registered a bigger fall than the market. Looking ahead, there are speculations whether Honeywell will beat estimates in its next earnings report.
Honeywell International HON News Analytics from Thu, 29 May 2025 07:00:00 GMT to Sat, 06 Sep 2025 22:43:15 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor 3
