Alerus Financial Na adds Honeywell International (HON) to its portfolio

Honeywell International (HON) : Alerus Financial Na added new position in Honeywell International during the most recent quarter end. The investment management firm now holds 64,782 shares of Honeywell International which is valued at $7,521,190 , the company said in a statement filed on Aug 11, 2016 with the SEC.Honeywell International makes up approximately 1.22% of Alerus Financial Na’s portfolio.

Other Hedge Funds, Including , K2 Principal Fund sold out all of its stake in HON during the most recent quarter. The investment firm sold 3,110 shares of HON which is valued $361,071.Twin Capital Management Inc reduced its stake in HON by selling 100 shares or 0.26% in the most recent quarter. The Hedge Fund company now holds 37,700 shares of HON which is valued at $4,387,149. Honeywell International makes up approx 0.32% of Twin Capital Management Inc’s portfolio. Timber Hill added HON to its portfolio by purchasing 5,508 company shares during the most recent quarter which is valued at $640,966. Honeywell International makes up approx 0.05% of Timber Hill’s portfolio.Argent Trust Co reduced its stake in HON by selling 520 shares or 8.68% in the most recent quarter. The Hedge Fund company now holds 5,474 shares of HON which is valued at $637,009. Honeywell International makes up approx 0.27% of Argent Trust Co’s portfolio.Bremer Trust National Association boosted its stake in HON in the latest quarter, The investment management firm added 29,962 additional shares and now holds a total of 63,475 shares of Honeywell International which is valued at $7,338,345. Honeywell International makes up approx 1.97% of Bremer Trust National Association’s portfolio.

Honeywell International opened for trading at $116.92 and hit $117.35 on the upside on Tuesday, eventually ending the session at $117.01, with a gain of 0.37% or 0.43 points. The heightened volatility saw the trading volume jump to 18,11,484 shares. Company has a market cap of $89,030 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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