Honeywell Intl INC (HON) Shareholder Jpmorgan Chase & Company Has Cut Its Holding by $419.46 Million as Share Value Declined

April 22, 2018 - By Clifton Ray

Honeywell International Inc. (NYSE:HON) LogoInvestors sentiment decreased to 1.11 in Q4 2017. Its down 0.03, from 1.14 in 2017Q3. It fall, as 42 investors sold HON shares while 490 reduced holdings. 154 funds opened positions while 439 raised stakes. 531.30 million shares or 5.59% less from 562.75 million shares in 2017Q3 were reported. Heritage Wealth reported 3,299 shares or 0.22% of all its holdings. Tower Bridge holds 0.11% of its portfolio in Honeywell International Inc. (NYSE:HON) for 6,557 shares. Cullen Frost Bankers holds 0.38% of its portfolio in Honeywell International Inc. (NYSE:HON) for 78,297 shares. Independence Trust Communication stated it has 1,802 shares. 30,430 were reported by Smithbridge Asset Mgmt Incorporated De. Howard Capital Mgmt invested in 0.17% or 7,705 shares. Cambridge Trust accumulated 2.03% or 209,292 shares. Umb Bancorp N A Mo accumulated 0.18% or 36,122 shares. Moreover, Oppenheimer Asset Mngmt has 0.29% invested in Honeywell International Inc. (NYSE:HON). Moneta Grp Inc Invest Advsr Ltd Company holds 323 shares or 0.01% of its portfolio. Virtus Investment Advisers invested in 35,414 shares or 0.22% of the stock. Mutual Of Omaha Commercial Bank Wealth Mngmt has 0.08% invested in Honeywell International Inc. (NYSE:HON). Dekabank Deutsche Girozentrale holds 228,491 shares. Moreover, Zacks Inv Mgmt has 0.42% invested in Honeywell International Inc. (NYSE:HON). Fulton Breakefield Broenniman Lc holds 1.53% or 59,600 shares in its portfolio.

Since February 14, 2018, it had 0 buys, and 2 insider sales for $874,731 activity. 2,868 Honeywell International Inc. (NYSE:HON) shares with value of $448,440 were sold by PARDO JAIME CHICO /FA.

Jpmorgan Chase & Company decreased its stake in Honeywell Intl Inc (HON) by 16.34% based on its latest 2017Q4 regulatory filing with the SEC. Jpmorgan Chase & Company sold 2.74M shares as the company’s stock declined 5.96% with the market. The institutional investor held 14.04M shares of the o.e.m. company at the end of 2017Q4, valued at $2.15B, down from 16.78M at the end of the previous reported quarter. Jpmorgan Chase & Company who had been investing in Honeywell Intl Inc for a number of months, seems to be less bullish one the $112.68 billion market cap company. The stock increased 1.65% or $2.44 during the last trading session, reaching $150.57. About 5.27M shares traded or 64.17% up from the average. Honeywell International Inc. (NYSE:HON) has risen 15.94% since April 22, 2017 and is uptrending. It has outperformed by 4.39% the S&P500.

Jpmorgan Chase & Company, which manages about $474.64B US Long portfolio, upped its stake in One Gas Inc (NYSE:OGS) by 107,200 shares to 209,837 shares, valued at $15.37M in 2017Q4, according to the filing. It also increased its holding in Fedex Corp (Put) by 30,200 shares in the quarter, for a total of 30,900 shares, and has risen its stake in Colgate Palmolive Co (NYSE:CL).

Honeywell International Inc. (NYSE:HON) Ratings Coverage

Among 9 analysts covering Honeywell International (NYSE:HON), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Honeywell International had 19 analyst reports since October 23, 2017 according to SRatingsIntel. Robert W. Baird maintained Honeywell International Inc. (NYSE:HON) rating on Friday, January 26. Robert W. Baird has “Buy” rating and $187.0 target. The stock of Honeywell International Inc. (NYSE:HON) has “Buy” rating given on Wednesday, December 13 by RBC Capital Markets. The rating was downgraded by RBC Capital Markets to “Hold” on Wednesday, January 3. Credit Suisse maintained the stock with “Hold” rating in Friday, January 19 report. The firm has “Buy” rating by Cowen & Co given on Monday, January 22. Stifel Nicolaus maintained Honeywell International Inc. (NYSE:HON) on Sunday, December 10 with “Buy” rating. The firm has “Buy” rating given on Thursday, December 14 by Jefferies. As per Thursday, December 14, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus on Friday, January 19 with “Buy”. The firm earned “Buy” rating on Thursday, February 15 by Stifel Nicolaus.

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

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