Segall Bryant Hamill Lowers stake in Honeywell International (HON)

Honeywell International (HON) : Segall Bryant Hamill reduced its stake in Honeywell International by 2.62% during the most recent quarter end. The investment management company now holds a total of 359,027 shares of Honeywell International which is valued at $41,683,035 after selling 9,651 shares in Honeywell International , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Honeywell International makes up approximately 1.06% of Segall Bryant Hamill’s portfolio.

Other Hedge Funds, Including , Fayez Sarofim Co boosted its stake in HON in the latest quarter, The investment management firm added 426 additional shares and now holds a total of 16,813 shares of Honeywell International which is valued at $1,951,989. Honeywell International makes up approx 0.01% of Fayez Sarofim Co’s portfolio.Morningstar Investment Services reduced its stake in HON by selling 25,096 shares or 74.83% in the most recent quarter. The Hedge Fund company now holds 8,443 shares of HON which is valued at $982,512. Honeywell International makes up approx 0.03% of Morningstar Investment Services’s portfolio.Gabelli Funds reduced its stake in HON by selling 77,000 shares or 4.76% in the most recent quarter. The Hedge Fund company now holds 1,542,000 shares of HON which is valued at $179,442,540. Honeywell International makes up approx 1.06% of Gabelli Funds’s portfolio. Herndon Capital Management added HON to its portfolio by purchasing 70 company shares during the most recent quarter which is valued at $8,143.

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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