Can't believe that given the wide re-tracement in the industrial sector of the stock market,
That you post that lack of a stock-split is the reason for the HON price drop.........fantasy.
As I have posted here before, 82 % of HON stock is owned by institutionls...they care little
what the individual stock price is, only the stock price growth....like the rest of us.
Did you ask or discuss your opinion with any other investor in HON prior to your post ...?
With all due respect, I would consider a good equity mutual fund with a strong long term
performance record, for your capital, before you accidentally hurt yourself/your family.
That will not happen unless the stock does actually split. This is a solid Company delivering good results. $100 per share is still a possibility on the near horizon. Slow and steady!
hold_upright: Amazing how long you continue to claim a relationship between the stock price and splits. You talk like an amateur investor. You had opportunity to purchase company stock and have held on to it for decades. That is what Honeywell is good for as a long term investment. Slow continuous growth with a nice dividend (which you probably reinvest). Sure there are a few bumps along the way, maybe a rumor of buyout or spinoff, maybe a major economic recession, but there is no lasting impact from a split. Time to get out some books to read about how markets operate or talk to a good financial advisor that can educate you.
HON will not go to $100/share but it will go to $50/share after a 2 for 1 split which is the equivalent of $100. We need a split. The shares have to be more accessible to younger investors.
Expect one more dividend at ,45 for August. Dividend 10% increase likely will be announced for November dividend.
A 10% dividend increase at ,25 for 2X shares would have Upright dancing in the streets!
Maintaining current P/E of 19.4 at full year earnings forecast of 5.50 = potential Price of 106.7.
Should be able to break 100 if general market conditions remain positive. Have to get through the Fed ending bond purchases and fear of rate increases in 2015.
This company hates unions, and it doesn't like its other workers much better. These workers are being exploited for the profits you shareholders enjoy
Oh please don't do that. But do get counseling as there will be more talk of a stock split. A split is inevitable. If you've held as long as you say you must have benefited by a stock split.
there is no way this company is worth 100 bucks a share . 60 is more like it . Hon is like a fat cat . they hire former radio shack executives & make them vice presidents . they sit on their better half with nothing to do . at the end of the month when quotas aren't met , orders on credit review are released just to meet quotas . the Honeywell touch screen thermostats do not work very well .
That is such a rediculous statement. Corporations rely on their employees for revenues and profits. Where would we be without them.
As an employee (non managerial) I AGREE with the sentiments of both hold and Richard....nevertheless, my original statement is still true and, since many employees are also stockholders I bet they are interested in the PPS going UP...I am. I don't like all the take backs but if the stock price goes up because of the takeaways, I will still benefit
I will jump out a window if I hear anything more about stock splits. [PS, long ALD / HON since before 1990].
I always felt union workers are trained good workers. Hopefully, Honeywell will unlock the plant and negotiate expeditiously with the workers. These workers help build the strong profits that we shareholders enjoy.
Newsferatu reports that in the last 30 days there were 26 highly curated articles for Honeywell. 20 were Positive, 3 were Negative, and 3 were Neutral.
Could hit new all-time high this week with earnings on Friday.
Hope no bad words come out of Yellen's mouth at the congressional testimony Tuesday/Wednesday.
Just saying - augie