Honeywell International (HON) : Capital Advantage added new position in Honeywell International during the most recent quarter end. The investment management firm now holds 4,011 shares of Honeywell International which is valued at $476,868 , the company said in a statement filed on Jul 15, 2016 with the SEC.Honeywell International makes up approximately 0.17% of Capital Advantage’s portfolio.
Other Hedge Funds, Including , Nisa Investment Advisors boosted its stake in HON in the latest quarter, The investment management firm added 8,040 additional shares and now holds a total of 276,161 shares of Honeywell International which is valued at $32,832,781. Honeywell International makes up approx 0.43% of Nisa Investment Advisors’s portfolio.Cape Cod Five Cents Savings Bank boosted its stake in HON in the latest quarter, The investment management firm added 65 additional shares and now holds a total of 8,070 shares of Honeywell International which is valued at $962,186. Honeywell International makes up approx 0.17% of Cape Cod Five Cents Savings Bank’s portfolio.Alpha Windward reduced its stake in HON by selling 108 shares or 6.05% in the most recent quarter. The Hedge Fund company now holds 1,677 shares of HON which is valued at $199,295. Honeywell International makes up approx 0.14% of Alpha Windward’s portfolio.Marshwinds Advisory Co reduced its stake in HON by selling 299 shares or 2.57% in the most recent quarter. The Hedge Fund company now holds 11,353 shares of HON which is valued at $1,349,191. Honeywell International makes up approx 0.65% of Marshwinds Advisory Co’s portfolio.
Honeywell International closed down -0.34 points or -0.29% at $118.89 with 12,48,002 shares getting traded on Monday. Post opening the session at $119.23, the shares hit an intraday low of $118.68 and an intraday high of $119.25 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Honeywell International reported $1.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 22, 2016. Analyst had a consensus of $1.50. The company had revenue of $9522.00 million for the quarter, compared to analysts expectations of $9365.12 million. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.41 EPS.
Many Wall Street Analysts have commented on Honeywell International. Company shares were Reiterated by RBC Capital Mkts on Apr 25, 2016 to “Outperform”, Firm has raised the Price Target to $ 122 from a previous price target of $121 .Company shares were Reiterated by Stifel on Apr 25, 2016 to “Buy”, Firm has raised the Price Target to $ 129 from a previous price target of $127 .Company shares were Reiterated by Barclays on Apr 18, 2016 to “Overweight”, Firm has raised the Price Target to $ 122 from a previous price target of $107 .
Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company. The Company is engaged in serving customers across the world with aerospace products and services turbochargers control sensing and security technologies for buildings homes and industry specialty chemicals electronic and advanced materials process technology for refining and petrochemicals and energy efficient products and solutions for homes business and transportation. The Company operates in segments: Aerospace Automation and Control Solutions (ACS) and Performance Materials and Technologies (PMT). Its Aerospace segment is a supplier of aircraft engines integrated avionics systems and service solutions and related products and services. ACS segment provides environmental and combustion controls sensing controls security and life safety products and services. Its PMT segment develops and manufactures advanced materials process technologies and automation solutions.