Shares of Honeywell International (HON) Sees Large Inflow of Net Money Flow

Honeywell International (HON) : Investors lapped up stocks on upticks to the tune of $28.51 million in the Fridays trading session. The trading value on downticks was comparatively at $26.79 million and the uptick to downtick ratio of 1.06 indicates continuous buying by the bulls. The net money flow into the stock was $1.72 million. Upticks saw transactions worth $2.28 clearly indicating buying by large investors. The total money flow for block trades stood at $2.28 million, which is a positive for the stock in the long-term. Honeywell International (HON) fell $0.27 during the day at $115.86, a drop of -0.23% over the previous days close. However, for the week, the stock is -0.76%, compared to the previous week.


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 -10.05% . Institutional Investors own 77.05% of Honeywell International shares. During last six month period, the net percent change held by insiders has seen a change of -20.22%.

In a related news, The Securities and Exchange Commission has divulged that Adams Katherine L., officer (SVP and General Counsel) of Honeywell International Inc, had unloaded 108,712 shares at an average price of $116.13 in a transaction dated on August 15, 2016. The total value of the transaction was worth $12,624,725.

Honeywell International (NYSE:HON): The stock opened at $116.26 and touched an intraday high of $116.94 on Friday. During the day, the stock corrected to an intraday low of $115.81, however, the bulls stepped in and pushed the price higher to close in the green at $116.39 with a gain of 0.22% for the day. The total traded volume for the day was 2,474,340. The stock had closed at $116.13 in the previous trading session.

Honeywell International (HON) has risen sharply, recording gains of 0.02% in the past 4 weeks. However, the stock has corrected -0.31% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.15% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *