Jupiter Asset Management Ltd Lowers stake in Honeywell International (HON)

Honeywell International (HON) : Jupiter Asset Management Ltd reduced its stake in Honeywell International by 3.64% during the most recent quarter end. The investment management company now holds a total of 244,308 shares of Honeywell International which is valued at $28,364,159 after selling 9,233 shares in Honeywell International , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Honeywell International makes up approximately 1.14% of Jupiter Asset Management Ltd’s portfolio.

Other Hedge Funds, Including , Bahl Gaynor Inc boosted its stake in HON in the latest quarter, The investment management firm added 90,209 additional shares and now holds a total of 345,694 shares of Honeywell International which is valued at $40,135,073. Honeywell International makes up approx 0.51% of Bahl Gaynor Inc’s portfolio.San Francisco Sentry Investment Group (ca) boosted its stake in HON in the latest quarter, The investment management firm added 2,908 additional shares and now holds a total of 22,791 shares of Honeywell International which is valued at $2,644,668. Honeywell International makes up approx 1.56% of San Francisco Sentry Investment Group (ca)’s portfolio.Alexandria Capital reduced its stake in HON by selling 100 shares or 1.31% in the most recent quarter. The Hedge Fund company now holds 7,547 shares of HON which is valued at $878,244. Honeywell International makes up approx 0.15% of Alexandria Capital’s portfolio.Bank Of Hawaii reduced its stake in HON by selling 7,440 shares or 9.65% in the most recent quarter. The Hedge Fund company now holds 69,669 shares of HON which is valued at $8,082,301. Honeywell International makes up approx 0.85% of Bank Of Hawaii’s portfolio.Kanaly Trust Co boosted its stake in HON in the latest quarter, The investment management firm added 14 additional shares and now holds a total of 1,823 shares of Honeywell International which is valued at $210,757. Honeywell International makes up approx 0.04% of Kanaly Trust Co’s portfolio.

Honeywell International opened for trading at $115.47 and hit $116.245 on the upside on Friday, eventually ending the session at $116.11, with a gain of 0.22% or 0.25 points. The heightened volatility saw the trading volume jump to 15,93,511 shares. Company has a market cap of $88,345 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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