Large Outflow of Money Witnessed in Honeywell International

Honeywell International (HON) : The total money flow in Honeywell International (HON) was negative ($8.9 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $61.15 million. In comparison, the inflow of money into the stock on upticks was $52.25 million. The uptick to downtick ratio was 0.85. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $13.53 million. The value of transactions on uptick was $5.06 million. The negative money flow of ($8.47 million) confirms the selling in Honeywell International (HON) on strength. The uptick to downtick ratio of block trades was 0.37. Honeywell International (HON) gained $0.95 at $117.16, a gain of 0.82% over the previous days close. However, the stock registered 1.02% in the week.


Shares of Honeywell International Inc. appreciated by 1.06% during the last five trading days but lost 0.01% on a 4-week basis. Honeywell International Inc. is up 2.89% in the last 3-month period. Year-to-Date the stock performance stands at 14.95%.

Honeywell International (HON) : 11 brokerage houses believe that Honeywell International (HON) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Honeywell International (HON). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 15 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.37.

Honeywell International (NYSE:HON): The stock opened at $116.47 and touched an intraday high of $117.26 on Wednesday. During the day, the stock corrected to an intraday low of $115.86, however, the bulls stepped in and pushed the price higher to close in the green at $117.16 with a gain of 0.82% for the day. The total traded volume for the day was 3,331,239. The stock had closed at $116.21 in the previous trading session.

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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