Forester Capital Management Ltd buys $4,111,798 stake in Honeywell International (HON)

Honeywell International (HON) : Forester Capital Management Ltd scooped up 280 additional shares in Honeywell International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 35,416 shares of Honeywell International which is valued at $4,111,798.Honeywell International makes up approximately 3.74% of Forester Capital Management Ltd’s portfolio.

Other Hedge Funds, Including , J.safra Asset Management Corp reduced its stake in HON by selling 11,502 shares or 77.68% in the most recent quarter. The Hedge Fund company now holds 3,304 shares of HON which is valued at $383,594. Honeywell International makes up approx 0.60% of J.safra Asset Management Corp’s portfolio. Btc Capital Management added HON to its portfolio by purchasing 40,209 company shares during the most recent quarter which is valued at $4,664,646. Honeywell International makes up approx 0.98% of Btc Capital Management’s portfolio.Eagle Ridge Investment Management reduced its stake in HON by selling 400 shares or 11.89% in the most recent quarter. The Hedge Fund company now holds 2,965 shares of HON which is valued at $342,784. Honeywell International makes up approx 0.08% of Eagle Ridge Investment Management’s portfolio.

Honeywell International opened for trading at $116.75 and hit $117.38 on the upside on Monday, eventually ending the session at $117.17, with a gain of 0.36% or 0.42 points. The heightened volatility saw the trading volume jump to 24,03,078 shares. Company has a market cap of $89,152 M.

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.

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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