Diversified Machinery: General Electric Company (NYSE:GE), Caterpillar (NYSE:CAT), Honeywell International (NYSE:HON), 3M Co (NYSE:MMM)

Shares of General Electric Company (NYSE:GE) spike higher following Charles Gasparino’s FOX Business News article and tweet on Monday. General Electric Company (NYSE:GE) shares after opening at $25.26 moved to $25.63 on last trade day and at the end of the day closed at $25.43. Company price to sales ratio in past twelve months was calculated as 1.76 and price to cash ratio as 2.90. General Electric Company (NYSE:GE) showed a negative weekly performance of -2.34%.

Caterpillar Inc. (NYSE:CAT)‘s stock had its “neutral” rating restated by Zacks in a research note issued on Friday,StockRatingsNetwork.com reports. They currently have a $102.00 price objective on the stock. Zacks‘s price objective points to a potential upside of 5.43% from the company’s current price.Caterpillar Inc. (NYSE:CAT) shares advanced 0.29% in last trading session and ended the day on $95.67. CAT return on equity ratio is recorded as 20.30% and its return on assets is 4.40%. Caterpillar Inc. (NYSE:CAT) yearly performance is 9.91%.

Honeywell International Inc. (NYSE:HON) was the recipient of some unusual options trading activity on Monday. Investors purchased 8,121 call options on the company, Stock Ratings Network reports. Honeywell International Inc. (NYSE:HON) shares moved up 1.51% in last trading session and was closed at $93.40 while trading in range of $92.47 – $93.82 – Honeywell International Inc. (NYSE:HON) year to date (YTD) performance is 2.72%.

3M Co (NYSE:MMM) was upgraded by equities researchers at EVA Dimensions from an “overweight” rating to a “buy” rating in a research report issued on Friday, AR Network reports. 3M Co (NYSE:MMM) weekly performance is -0.97%. On last trading day company shares ended up $132.27. 3M Co (NYSE:MMM) distance from 50-day simple moving average (SMA50) is -0.03%. Analysts mean target price for the company is $141.12.

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