Honeywell International (HON) : Swarthmore Group Inc reduced its stake in Honeywell International by 27.82% during the most recent quarter end. The investment management company now holds a total of 272,225 shares of Honeywell International which is valued at $31,205,152 after selling 104,900 shares in Honeywell International , the firm said in a disclosure report filed with the SEC on Apr 13, 2016.Honeywell International makes up approximately 4.71% of Swarthmore Group Inc’s portfolio.
Honeywell International opened for trading at $114.6 and hit $115.52 on the upside on Monday, eventually ending the session at $115.46, with a gain of 0.72% or 0.83 points. The heightened volatility saw the trading volume jump to 25,86,658 shares. Company has a market cap of $88,826 M.
Other Hedge Funds, Including , Heritage Investors Management Corp reduced its stake in HON by selling 1,911 shares or 2.68% in the most recent quarter. The Hedge Fund company now holds 69,512 shares of HON which is valued at $7,968,161. Honeywell International makes up approx 0.61% of Heritage Investors Management Corp’s portfolio. Integrated Investment Consultants added HON to its portfolio by purchasing 1,000 company shares during the most recent quarter which is valued at $114,630. Honeywell International makes up approx 0.06% of Integrated Investment Consultants’s portfolio.Gofen Glossberg Il reduced its stake in HON by selling 912 shares or 0.46% in the most recent quarter. The Hedge Fund company now holds 195,684 shares of HON which is valued at $22,431,257. Honeywell International makes up approx 0.94% of Gofen Glossberg Il’s portfolio.Searle boosted its stake in HON in the latest quarter, The investment management firm added 410 additional shares and now holds a total of 19,161 shares of Honeywell International which is valued at $2,196,425. Honeywell International makes up approx 2.01% of Searle’s portfolio.First American Bank boosted its stake in HON in the latest quarter, The investment management firm added 3,382 additional shares and now holds a total of 5,349 shares of Honeywell International which is valued at $598,767. Honeywell International makes up approx 0.06% of First American Bank’s portfolio.
On the company’s financial health, Honeywell International reported $1.58 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jan 29, 2016. Analyst had a consensus of $1.59. The company had revenue of $9982.00 million for the quarter, compared to analysts expectations of $9983.96 million. The company’s revenue was down -2.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.43 EPS.
Many Wall Street Analysts have commented on Honeywell International. Company shares were Reiterated by Barclays on Apr 18, 2016 to “Overweight”, Firm has raised the Price Target to $ 122 from a previous price target of $107 .Company shares were Reiterated by Stifel on Feb 1, 2016 to “Buy”, Firm has raised the Price Target to $ 113 from a previous price target of $106 .
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.