Investec Asset Management LTD Increased Its Honeywell International INC (HON) Stake as Shares Declined

May 16, 2018 - By Robert Reynolds

Honeywell International Inc. (NYSE:HON) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.11. That’s change of 0.03, from 2017Q3’s 1.14. 42 investors sold all, 490 reduced holdings as HON ratio dived. 439 increased stakes while 154 funds amassed stakes. Funds hold 531.30 million shares thus 5.59% less from 2017Q3’s 562.75 million shares. Lmr Prtn Limited Liability Partnership reported 0.1% in Honeywell International Inc. (NYSE:HON). Waldron Ltd Partnership owns 2,410 shs. Moreover, Nj State Employees Deferred Compensation Plan has 0.53% invested in Honeywell International Inc. (NYSE:HON) for 20,000 shs. Destination Wealth holds 3,814 shs. Argent invested in 49,017 shs or 2.01% of the stock. Mcf Advsrs Ltd Liability Corporation invested 0.02% of its capital in Honeywell International Inc. (NYSE:HON). Hanson & Doremus Investment Management accumulated 250 shs. Sheets Smith Wealth Mngmt owns 0.43% invested in Honeywell International Inc. (NYSE:HON) for 11,969 shs. Greenwood Cap Associates Ltd Co has invested 1.57% in Honeywell International Inc. (NYSE:HON). Umb Bancshares N A Mo holds 0.18% or 36,122 shs. Shelton Cap Mgmt, California-based fund reported 25,513 shs. Benedict holds 2.04% or 27,566 shs. 36,889 were accumulated by Baldwin Brothers Ma. Moreover, Ingalls And Snyder Limited Liability has 0.04% invested in Honeywell International Inc. (NYSE:HON) for 6,075 shs. Woodstock stated it has 0.08% in Honeywell International Inc. (NYSE:HON).

HON registered $874,731 net activity with 0 insider purchases and 2 sales since February 14, 2018. PARDO JAIME CHICO /FA sold $448,440 worth of stock.

Based on the latest 2017Q4 regulatory filing with the SEC, Investec Asset Management Ltd increased its holdings in Honeywell International Inc (HON) by 34.79%. The company’s stock sank 5.96% while Investec Asset Management Ltd bought 647,473 shares. At the end of 2017Q4, the 2.51 million shares of the o.e.m. company held by the institutional investor were priced at $384.69 million, up from 1.86M at the end of the previous reported quarter. $110.21 billion is the market cap of Honeywell International Inc. The stock increased 0.14% or $0.2 during the last trading session, reaching $147.55.Honeywell International Inc. has volume of 1.95M shares. Since May 16, 2017 HON has risen 15.94% and is uptrending. HON outperformed the S&P 500 by 4.39%.

Investec Asset Management Ltd manages about $24.34B US Long portfolio. Its stake in Ally Financial Inc (NYSE:ALLY) was reduced by 184,978 shares to 1.97 million shares valued at $57.37M in 2017Q4, according to the filing. For a total of 580,239 shares it reduced its holding in Cisco Systems Inc (NASDAQ:CSCO) by 108,147 shares in the quarter, and has cut its stake in Cimarex Energy Co (NYSE:XEC).

For more Honeywell International Inc. (NYSE:HON) news released recently go to: Fool.com, Seekingalpha.com, Forbes.com, Streetinsider.com or Prnewswire.com. The titles are as follows: “How General Electric Has Changed in the Last 2 Years” released on May 16, 2018, “Honeywell’s Free Cash Flow Is Amazing” on April 23, 2018, “How Did Honeywell Perform In Q1?” with a publish date: April 23, 2018, “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F” and the last “Honeywell Hosts Safety And Productivity Solutions Investor Showcase; Highlights Innovative Technologies That Are …” with publication date: May 16, 2018.

Honeywell International Inc. (NYSE:HON) Ratings Coverage

In total 10 analysts cover Honeywell International (NYSE:HON). “Buy” rating has 8, “Sell” are 0, while 2 are “Hold”. (NYSE:HON) has 80% bullish analysts. 21 are the (NYSE:HON)’s ratings reports on 16 May 2018 according to StockzIntelligence Inc. On Tuesday, February 20 Robert W. Baird maintained the shares of HON in report with “Buy” rating. On Wednesday, December 13 the firm has “Buy” rating given by RBC Capital Markets. On Sunday, December 10 Stifel Nicolaus maintained the shares of HON in report with “Buy” rating. The company rating was maintained by Stifel Nicolaus on Thursday, December 14. On Monday, January 29 the firm earned “Buy” rating by Stifel Nicolaus. On Monday, April 23 Barclays Capital maintained Honeywell International Inc. (NYSE:HON) with “Overweight” rating. On Friday, January 19 the rating was maintained by Stifel Nicolaus with “Buy”. On Friday, January 26 the firm has “Buy” rating given by Robert W. Baird. In Friday, January 19 report Credit Suisse maintained the stock with “Hold” rating. On Tuesday, April 3 the stock of Honeywell International Inc. (NYSE:HON) has “Buy” rating given by Stifel Nicolaus.

Honeywell International Inc. (NYSE:HON) Institutional Investors Chart

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