Vision Capital Management Lowers stake in Honeywell International (HON)

Honeywell International (HON) : Vision Capital Management reduced its stake in Honeywell International by 52.95% during the most recent quarter end. The investment management company now holds a total of 47,410 shares of Honeywell International which is valued at $5,504,301 after selling 53,346 shares in Honeywell International , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Honeywell International makes up approximately 2.05% of Vision Capital Management’s portfolio.

Other Hedge Funds, Including , Renaissance Technologies reduced its stake in HON by selling 717,100 shares or 88.27% in the most recent quarter. The Hedge Fund company now holds 95,300 shares of HON which is valued at $11,064,330. Honeywell International makes up approx 0.02% of Renaissance Technologies’s portfolio.Atlanta Capital Group boosted its stake in HON in the latest quarter, The investment management firm added 170 additional shares and now holds a total of 31,742 shares of Honeywell International which is valued at $3,683,342. Honeywell International makes up approx 0.79% of Atlanta Capital Group’s portfolio.Accredited Investors boosted its stake in HON in the latest quarter, The investment management firm added 514 additional shares and now holds a total of 3,544 shares of Honeywell International which is valued at $412,415. Honeywell International makes up approx 0.11% of Accredited Investors’s portfolio.Barrett Asset Management boosted its stake in HON in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 1,800 shares of Honeywell International which is valued at $215,784. Honeywell International makes up approx 0.02% of Barrett Asset Management’s portfolio.First United Bank Trust boosted its stake in HON in the latest quarter, The investment management firm added 205 additional shares and now holds a total of 18,401 shares of Honeywell International which is valued at $2,190,639. Honeywell International makes up approx 1.85% of First United Bank Trust’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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