5 Worst Performing Blue Chip Stocks in 2023

4. Honeywell International Inc. (NASDAQ:HON)

Year to Date Share Price Returns: -11.03%

Honeywell International Inc. (NASDAQ:HON) is an industrial company that sells aerospace, construction, and other products. A broader slowdown in the industrial sector has also affected its stock price, but on a positive note, the firm beat Q2 2023 analyst EPS estimates.

After digging through 943 hedge funds for their first quarter of 2023 investments, Insider Monkey discovered that 58 had bought the firm’s shares. John Overdeck and David Siegel’s Two Sigma Advisors is Honeywell International Inc. (NASDAQ:HON)’s biggest investor since it owns 1.9 million shares that are worth $379 million.

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