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Despite strong earnings, some investors sold off shares of Honeywell, which beat estimates with a $2.47 EPS.
Several institutional investors reduced their holdings in Honeywell International Inc. during the fourth quarter, including ELCO Management Co. LLC and Faithward Advisors LLC.
Honeywell reported strong earnings, exceeding analyst expectations with a $2.47 EPS, and has a market cap of $118.84 billion.
The stock opened at $182.86 on the filing day, with a dividend yield of 2.47%.
Analysts project 10.34 EPS for the fiscal year.
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A pesar de las fuertes ganancias, algunos inversores vendieron acciones de Honeywell, que venció a las estimaciones con un EPS de $2.47.