HON Stock Recent News
HON LATEST HEADLINES
Honeywell International Inc. (HON) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Honeywell (HON) benefits from strength in its commercial aviation, defense and space businesses apart from acquired assets. However, softness in its warehouse and workflow solutions unit is concerning.
With several analysts beginning to question the sustainability of the current stock market trend, investors should look to blue-chip stocks for stability in case of potential corrections. Investors seeking to increase their portfolio value significantly should focus on companies with proven track records of innovation.
Honeywell joined an "A" list of significant investors in ESS Tech on September 25, 2023, buying $27.5 million of stock and prefunding sales commitments. After a brief 43% stock spike, the honeymoon was over and the stock is trading at 95 cents, a decrease of 32% from the close before the Honeywell announcement. Almost immediately after making this investment Honeywell restructured. One wonders whether the deal would/could have been done post-restructuring.
Honeywell International's profits beat estimates, but its sales forecast for 2024 disappointed, leading to a 5% stock price dip.
CHARLOTTE, N.C. , Feb. 8, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced its participation at upcoming investor conferences in the first quarter.
Honeywell International Inc. (HON) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Quantum computing is a new field of computing which utilizes quantum mechanics to produce machines that can handle far more calculations than traditional computers. The goal of quantum computing is to produce qubits, which are a measure of computing capacity.
Honeywell International Inc. (HON) Q4 2023 Earnings Call Transcript
Honeywell's (HON) Q4 results benefit from growth in commercial aviation, defense and space and process solutions. Softness across the warehouse and workflow solutions businesses hurts results.