Schwab Charles Investment Management Inc buys $245,994,305 stake in Honeywell International (HON)

Honeywell International (HON) : Schwab Charles Investment Management Inc scooped up 56,458 additional shares in Honeywell International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 2,118,814 shares of Honeywell International which is valued at $245,994,305.Honeywell International makes up approximately 0.30% of Schwab Charles Investment Management Inc’s portfolio.

Other Hedge Funds, Including , Two Sigma Securities added HON to its portfolio by purchasing 1,901 company shares during the most recent quarter which is valued at $220,706. Honeywell International makes up approx 0.11% of Two Sigma Securities’s portfolio.Baird Financial Group boosted its stake in HON in the latest quarter, The investment management firm added 12,828 additional shares and now holds a total of 88,254 shares of Honeywell International which is valued at $10,246,289. Honeywell International makes up approx 0.09% of Baird Financial Group’s portfolio. Tradelink Capital sold out all of its stake in HON during the most recent quarter. The investment firm sold 1,895 shares of HON which is valued $219,839.Msi Financial Services Inc boosted its stake in HON in the latest quarter, The investment management firm added 1,541 additional shares and now holds a total of 32,053 shares of Honeywell International which is valued at $3,684,813. Honeywell International makes up approx 0.13% of Msi Financial Services Inc’s portfolio.

Honeywell International closed down -0.58 points or -0.50% at $116.13 with 28,68,090 shares getting traded on Thursday. Post opening the session at $116.4, the shares hit an intraday low of $115.14 and an intraday high of $116.78 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.

Leave a Reply

Honeywell International - Is it time to Sell?

Top Brokerage Firms are advising their investors on Honeywell International. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.