Honeywell International (HON) : Keating Investment Counselors Inc scooped up 24,868 additional shares in Honeywell International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 80,425 shares of Honeywell International which is valued at $9,150,757.Honeywell International makes up approximately 4.44% of Keating Investment Counselors Inc’s portfolio.
Honeywell International opened for trading at $113.58 and hit $114 on the upside on Friday, eventually ending the session at $113.78, with a gain of 0.14% or 0.16 points. The heightened volatility saw the trading volume jump to 33,52,023 shares. Company has a market cap of $86,713 M.
Other Hedge Funds, Including , Klingenstein Fields Co reduced its stake in HON by selling 4,053 shares or 1.16% in the most recent quarter. The Hedge Fund company now holds 345,451 shares of HON which is valued at $39,305,415. Honeywell International makes up approx 1.92% of Klingenstein Fields Co’s portfolio.Rothschild Investment Corp Il reduced its stake in HON by selling 350 shares or 2.78% in the most recent quarter. The Hedge Fund company now holds 12,242 shares of HON which is valued at $1,398,893. Honeywell International makes up approx 0.18% of Rothschild Investment Corp Il’s portfolio.Cohen Lawrence B reduced its stake in HON by selling 30 shares or 0.87% in the most recent quarter. The Hedge Fund company now holds 3,425 shares of HON which is valued at $391,032. Honeywell International makes up approx 0.25% of Cohen Lawrence B’s portfolio. Oliver Luxxe Assets sold out all of its stake in HON during the most recent quarter. The investment firm sold 4,348 shares of HON which is valued $496,411.
On the company’s financial health, Honeywell International reported $1.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 22, 2016. Analyst had a consensus of $1.50. The company had revenue of $9522.00 million for the quarter, compared to analysts expectations of $9365.12 million. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.41 EPS.
Many Wall Street Analysts have commented on Honeywell International. Company shares were Reiterated by RBC Capital Mkts on Apr 25, 2016 to “Outperform”, Firm has raised the Price Target to $ 122 from a previous price target of $121 .Company shares were Reiterated by Stifel on Apr 25, 2016 to “Buy”, Firm has raised the Price Target to $ 129 from a previous price target of $127 .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 .
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.