Honeywell International (HON) : During the past 4 weeks, traders have been relatively bearish on Honeywell International (HON), hence the stock is down -1.45% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.15% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.33% in the last 1 week, and is up 2.86% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.41% and the 50-Day Moving Average is 3.6%.
Honeywell International (NYSE:HON): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $119.67 and $118.94 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $119.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $119.23, notching a gain of 0.12% for the day. The total traded volume was 2,254,642 . The stock had closed at $119.09 on the previous day.
The company Insiders own 1.83% of Honeywell International shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -26.19% . Institutional Investors own 79.59% of Honeywell International shares. During last six month period, the net percent change held by insiders has seen a change of -67.21%. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SrVP, Engineering, Ops & IT) of Honeywell International Inc, Mikkilineni Krishna had sold 13,000 shares worth of $1,483,300 in a transaction dated May 27, 2016. In this transaction, 13,000 shares were sold at $114.1 per share.
Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company. The Company is engaged in serving customers across the world with aerospace products and services, turbochargers, control, sensing and security technologies for buildings, homes and industry, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. The Company operates in segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment is a supplier of aircraft engines, integrated avionics, systems and service solutions, and related products and services. ACS segment provides environmental and combustion controls, sensing controls, security and life safety products and services. Its PMT segment develops and manufactures advanced materials, process technologies and automation solutions.