Peltz's Trian Won't Comment on Honeywell (HON) Rumors
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Get Alerts HON Hot Sheet
Price: $211.40 -0.54%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
EPS Growth %: -23.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
EPS Growth %: -23.4%
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Trian offered no comment on rumors it was building a stake in Honeywell (NYSE: HON).
"We do not comment on market rumors," a spokesperson told StreetInsider.com.
Trian's Nelson Peltz recently told CNBC the fund was building a large, new position but wouldn't reveal the position.
Since the comments, speculators have pointed to HON as a possible position for Peltz. Today those rumors sent the stock up over 3%.
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