Honeywell International (HON) : Northwestern Mutual Investment Management Company reduced its stake in Honeywell International by 44.41% during the most recent quarter end. The investment management company now holds a total of 75,276 shares of Honeywell International which is valued at $8,509,199 after selling 60,131 shares in Honeywell International , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Honeywell International makes up approximately 0.18% of Northwestern Mutual Investment Management Company’s portfolio.
Other Hedge Funds, Including , Tcw Group Inc reduced its stake in HON by selling 5,510 shares or 7.13% in the most recent quarter. The Hedge Fund company now holds 71,787 shares of HON which is valued at $8,114,802. Honeywell International makes up approx 0.06% of Tcw Group Inc’s portfolio.Ls Investment Advisors reduced its stake in HON by selling 2,158 shares or 6.98% in the most recent quarter. The Hedge Fund company now holds 28,742 shares of HON which is valued at $3,197,548. Honeywell International makes up approx 0.24% of Ls Investment Advisors’s portfolio.Rothschild Asset Management Inc boosted its stake in HON in the latest quarter, The investment management firm added 13,171 additional shares and now holds a total of 20,839 shares of Honeywell International which is valued at $2,285,622. Honeywell International makes up approx 0.04% of Rothschild Asset Management Inc’s portfolio.Moody Lynn Lieberson boosted its stake in HON in the latest quarter, The investment management firm added 477 additional shares and now holds a total of 8,541 shares of Honeywell International which is valued at $931,567. Honeywell International makes up approx 0.16% of Moody Lynn Lieberson’s portfolio.
Honeywell International closed down -1.01 points or -0.89% at $112.09 with 28,79,131 shares getting traded on Monday. Post opening the session at $112.98, the shares hit an intraday low of $111.89 and an intraday high of $113 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Honeywell International reported $1.67 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Oct 21, 2016. Analyst had a consensus of $1.68. The company had revenue of $9800.00 million for the quarter, compared to analysts expectations of $9785.71 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.57 EPS.
Many Wall Street Analysts have commented on Honeywell International. Shares were Reiterated by RBC Capital Mkts on Oct 10, 2016 to “Outperform” and Lowered the Price Target to $ 133 from a previous price target of $138 .
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.