Large Inflow of Money Detected in Honeywell International

Honeywell International (HON) : Tuesdays money flow indicated an uptick to downtick ratio was at 1.36. The total value of inflow transactions on upticks was $6.92 million, whereas, the total value of outflow trades on downticks was $5.07 million. The total money flow was $1.85 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $2.04 million. The total value of the trades done on upticks was $2.04 million. Honeywell International (HON) was trading with a -0.2% change over previous days close. It fell $0.23 during the day and reached $116.94. The stock was 0.16% compared to the previous weeks close.


Also, Argus Research maintains its rating on Honeywell International (NYSE:HON). The global brokerage major raises the current price target from $125 per share to $130 per share. Analysts at the Argus Research have a current rating of Buy on the shares. The rating by the firm was issued on July 26, 2016.

Shares of Honeywell International Inc. rose by 0.01% in the last five trading days and 1.5% for the last 4 weeks. Honeywell International Inc. is up 3.23% in the last 3-month period. Year-to-Date the stock performance stands at 14.81%.

Honeywell International (NYSE:HON): The stock opened at $117.20 on Tuesday but the bulls could not build on the opening and the stock topped out at $117.41 for the day. The stock traded down to $116.85 during the day, due to lack of any buying support eventually closed down at $117.02 with a loss of -0.13% for the day. The stock had closed at $117.17 on the previous day. The total traded volume was 1,946,880 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP and General Counsel) of Honeywell International Inc, Adams Katherine L. had sold 108,712 shares worth of $12,624,725 in a transaction dated August 15, 2016. In this transaction, 108,712 shares were sold at $116.13 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.

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