Gabalex Capital Management buys $23,202,000 stake in Honeywell International (HON)

Honeywell International (HON) : Gabalex Capital Management scooped up 150,000 additional shares in Honeywell International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 200,000 shares of Honeywell International which is valued at $23,202,000.Honeywell International makes up approximately 8.37% of Gabalex Capital Management’s portfolio.

Other Hedge Funds, Including , Courier Capital Corp boosted its stake in HON in the latest quarter, The investment management firm added 12 additional shares and now holds a total of 12,549 shares of Honeywell International which is valued at $1,455,809. Honeywell International makes up approx 0.28% of Courier Capital Corp’s portfolio.Capital Investment Advisors boosted its stake in HON in the latest quarter, The investment management firm added 133 additional shares and now holds a total of 6,144 shares of Honeywell International which is valued at $710,308. Honeywell International makes up approx 0.06% of Capital Investment Advisors’s portfolio.Millie Capital Management boosted its stake in HON in the latest quarter, The investment management firm added 808 additional shares and now holds a total of 17,905 shares of Honeywell International which is valued at $2,069,997. Honeywell International makes up approx 2.13% of Millie Capital Management’s portfolio.Davenport Co boosted its stake in HON in the latest quarter, The investment management firm added 718 additional shares and now holds a total of 21,662 shares of Honeywell International which is valued at $2,578,861. Honeywell International makes up approx 0.04% of Davenport Co’s portfolio.First Western Capital Management Co reduced its stake in HON by selling 1,365 shares or 3.29% in the most recent quarter. The Hedge Fund company now holds 40,140 shares of HON which is valued at $4,778,667. Honeywell International makes up approx 1.70% of First Western Capital Management Co’s portfolio.

Honeywell International closed down -0.06 points or -0.05% at $115.95 with 12,90,269 shares getting traded on Thursday. Post opening the session at $116.04, the shares hit an intraday low of $115.9 and an intraday high of $116.59 and the price fluctuated in this range throughout the day.Shares ended Thursday 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.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *