British Airways Pensions Investment Management Ltd Lowers stake in Honeywell International (HON)

Honeywell International (HON) : British Airways Pensions Investment Management Ltd reduced its stake in Honeywell International by 14.75% during the most recent quarter end. The investment management company now holds a total of 401,640 shares of Honeywell International which is valued at $46,172,534 after selling 69,510 shares in Honeywell International , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Honeywell International makes up approximately 1.36% of British Airways Pensions Investment Management Ltd’s portfolio.

Other Hedge Funds, Including , American Century Companies Inc reduced its stake in HON by selling 596,762 shares or 62.25% in the most recent quarter. The Hedge Fund company now holds 361,832 shares of HON which is valued at $41,596,207. Honeywell International makes up approx 0.05% of American Century Companies Inc’s portfolio.Goelzer Investment Management boosted its stake in HON in the latest quarter, The investment management firm added 27,250 additional shares and now holds a total of 50,633 shares of Honeywell International which is valued at $5,853,681. Honeywell International makes up approx 0.78% of Goelzer Investment Management’s portfolio.Manchester Capital Management reduced its stake in HON by selling 250 shares or 4.72% in the most recent quarter. The Hedge Fund company now holds 5,048 shares of HON which is valued at $583,599. Honeywell International makes up approx 0.08% of Manchester Capital Management’s portfolio.Mechanics Bank Trust Department reduced its stake in HON by selling 1,185 shares or 3.11% in the most recent quarter. The Hedge Fund company now holds 36,913 shares of HON which is valued at $4,425,130. Honeywell International makes up approx 1.59% of Mechanics Bank Trust Department’s portfolio.Mutual Of Omaha Bank Wealth Management boosted its stake in HON in the latest quarter, The investment management firm added 425 additional shares and now holds a total of 2,650 shares of Honeywell International which is valued at $315,483. Honeywell International makes up approx 0.10% of Mutual Of Omaha Bank Wealth Management’s portfolio.

Honeywell International opened for trading at $115.6 and hit $116.5 on the upside on Friday, eventually ending the session at $116.33, with a gain of 0.49% or 0.57 points. The heightened volatility saw the trading volume jump to 29,39,858 shares. Company has a market cap of $88,513 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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