Capstone Asset Management Co buys $13,771,921 stake in Honeywell International (HON)

Honeywell International (HON) : Capstone Asset Management Co scooped up 331 additional shares in Honeywell International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 130,194 shares of Honeywell International which is valued at $13,771,921.Honeywell International makes up approximately 0.40% of Capstone Asset Management Co’s portfolio.

Other Hedge Funds, Including , Chicago Trust Co Na reduced its stake in HON by selling 6,032 shares or 16.85% in the most recent quarter. The Hedge Fund company now holds 29,758 shares of HON which is valued at $3,147,801. Honeywell International makes up approx 1.45% of Chicago Trust Co Na’s portfolio.Chevy Chase Trust Holdings reduced its stake in HON by selling 15,758 shares or 2.4% in the most recent quarter. The Hedge Fund company now holds 642,029 shares of HON which is valued at $74,000,263. Honeywell International makes up approx 0.41% of Chevy Chase Trust Holdings’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in HON by selling 30,470 shares or 13.4% in the most recent quarter. The Hedge Fund company now holds 196,985 shares of HON which is valued at $22,704,491. Honeywell International makes up approx 0.09% of Bnp Paribas Arbitrage Sa’s portfolio.

Honeywell International closed down -1.02 points or -0.96% at $105.78 with 83,47,150 shares getting traded on Tuesday. Post opening the session at $106.43, the shares hit an intraday low of $105.26 and an intraday high of $106.43 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Honeywell International reported $1.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 22, 2016. Analyst had a consensus of $1.64. The company had revenue of $9991.00 million for the quarter, compared to analysts expectations of $10136.17 million. The company’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.51 EPS.

Many Wall Street Analysts have commented on Honeywell International. Shares were Reiterated by RBC Capital Mkts on Oct 10, 2016 to “Outperform” and Lowered the Price Target to $ 133 from a previous price target of $138 .

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.

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