Honeywell International Inc Institutional Investor Sentiment Improved in Q3 2017

Lloyd Doyle
January 13, 2018

This buyback authorization authorizes the conglomerate to buy shares of its stock through open market purchases. The institutional investor held 597,430 shares of the o.e.m. company at the end of 2017Q3, valued at $84.68M, up from 590,616 at the end of the previous reported quarter. The stock decreased 4.55% or $0.06 during the last trading session, reaching $1.26. The stock was trading at a distance of -0.44% from its 52-week highs and stands 33.73% away from its 52-week lows. Carnival plc (CUK) has risen 20.73% since January 12, 2017 and is uptrending. It has outperformed by 71.26% the S&P500.

Hudson Valley Investment Advisors Inc increased its stake in Honeywell International (HON) by 24.27% based on its latest 2017Q3 regulatory filing with the SEC. Honeywell International Inc. (NYSE:HON), at its latest closing price of $156.01, it has a price-to-book ratio of 5.59, compared to an industry average at 2.29. (NYSE:HON) to report $1.84 EPS on January, 26.They anticipate $0.10 EPS change or 5.75 % from last quarter's $1.74 EPS. Opus Capital Group Llc who had been investing in Honeywell Internatio for a number of months, seems to be bullish on the $120.45 billion market cap company. About 3.39M shares traded or 20.92% up from the average.

Honeywell International (NYSE:HON) last announced its quarterly earnings results on Friday, October 20th. It has outperformed by 0.96% the S&P500.

Among 21 analysts covering Honeywell International Inc. Ent Fincl holds 0.07% or 1,046 shares in its portfolio. Therefore 76% are positive. Eldorado Gold Corporation had 58 analyst reports since July 31, 2015 according to SRatingsIntel. Citigroup maintained Honeywell International Inc. (NYSE:HON) on Friday, July 21 with "Buy" rating. Morgan Stanley maintained it with "Equal-Weight" rating and $64 target in Wednesday, October 18 report. The firm has "Buy" rating given on Monday, April 25 by Citigroup. RBC Capital Markets maintained the shares of EGO in report on Tuesday, November 3 with "Outperform" rating. The rating was maintained by Oppenheimer on Friday, July 21 with "Buy". The company has a market capitalization of $119,520.00, a P/E ratio of 23.93, a PEG ratio of 2.37 and a beta of 0.99. The firm has "Buy" rating given on Thursday, October 19 by Cowen & Co. The firm has "Buy" rating by Argus Research given on Tuesday, October 20.

Hudson Valley Investment Advisors Inc, which manages about $579.98M and $386.03 million US Long portfolio, decreased its stake in General Electric Company (NYSE:GE) by 35,670 shares to 188,929 shares, valued at $4.57M in 2017Q3, according to the filing. On Friday, June 30 the stock rating was maintained by Jefferies with "Buy". (NYSE:HON) to report earnings on January, 26. (NYSE:HON) was sold by Deily Linnet F. Mahoney Timothy O. also sold $47.18M worth of Honeywell International Inc. On Wednesday, November 18 the stock rating was maintained by Cantor Fitzgerald with "Hold".

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.18, from 0.96 in 2017Q2.


Several hedge funds and other institutional investors have recently modified their holdings of HON. Glenview Trust Co raised its position in Honeywell International by 3.6% in the first quarter. 562.75 million shares or 0.04% less from 562.97 million shares in 2017Q2 were reported. Us Savings Bank De, Minnesota-based fund reported 742,577 shares. Markston Intl Lc invested 0.94% in Honeywell International Inc. (NYSE:HON), 16 have Buy rating, 0 Sell and 5 Hold. Moreover, Segall Bryant & Hamill Ltd Liability Company has 1.23% invested in Honeywell International Inc. Security National Trust Com has 0.1% invested in Honeywell International Inc. The stock's average target of $136.12 is -14.26% below today's ($158.76) share price. The company has a quick ratio of 1.09, a current ratio of 1.35 and a debt-to-equity ratio of 0.54.

Raymond James Financial Services Advisors Inc increased Honeywell Intl Inc (HON) stake by 9.23% reported in 2017Q3 SEC filing. (NYSE:HON). Eagle Ridge Invest Management holds 2,678 shares. Clean Yield Gp invested 0.23% of its portfolio in Honeywell International Inc. Pictet Asset Management Ltd has 635,697 shares. State Of Tennessee Treasury Department stated it has 0.46% of its portfolio in Honeywell International Inc.

Analysts await Gogo Inc.

Among 16 analysts covering Eldorado Gold Corporation (NYSE:EGO), 6 have Buy rating, 0 Sell and 10 Hold. Therefore 73% are positive. The stock of Eldorado Gold Corporation (NYSE:EGO) earned "Sell" rating by Zacks on Monday, September 7. As per Tuesday, October 10, the company rating was maintained by BMO Capital Markets. (NASDAQ:FANG) on Tuesday, August 8 with "Equal-Weight" rating. Wells Fargo upgraded Visa Inc. The firm has "Buy" rating given on Tuesday, August 25 by Deutsche Bank. The company was maintained on Monday, December 7 by Telsey Advisory Group. The firm has "Market Perform" rating given on Monday, August 24 by Raymond James. The stock now has a consensus rating of "Buy" and a consensus target price of $160.14.

Investors sentiment decreased to 1 in Q3 2017. 142 funds opened positions while 524 raised stakes. Westfield Mngmt Communication LP invested in 0.15% or 221,975 shares. Regent Mgmt Limited Liability Co owns 0.7% invested in Honeywell International Inc. Foundry Prns Ltd Liability Corporation stated it has 4,526 shares. Following the completion of the sale, the vice president now owns 104,998 shares in the company, valued at approximately $15,237,309.76. Guild Inv Management holds 0.53% or 3,570 shares. (NYSE:V) for 12,685 shares. The conglomerate reported $1.75 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.75. Marsico Mngmt Llc, a Colorado-based fund reported 84,260 shares.

Since August 7, 2017, it had 0 buys, and 8 selling transactions for $3.93 million activity. $5.65 million worth of Visa Inc. MATSCHULLAT ROBERT W also sold $707,561 worth of Visa Inc.

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