Hormel Foods (HRL) Senior Vice President Mark Coffey, Sold $279,761 in Stock; Brookside Capital Management Trimmed By $20.26 Million Its Honeywell Intl (HON) Position

Honeywell International Inc. (NYSE:HON) Logo

Brookside Capital Management Llc decreased Honeywell Intl Inc (HON) stake by 35.84% reported in 2017Q4 SEC filing. Brookside Capital Management Llc sold 132,432 shares as Honeywell Intl Inc (HON)’s stock declined 5.96%. The Brookside Capital Management Llc holds 237,085 shares with $36.36 million value, down from 369,517 last quarter. Honeywell Intl Inc now has $110.27 billion valuation. The stock increased 0.84% or $1.23 during the last trading session, reaching $147.35. About 403,813 shares traded. Honeywell International Inc. (NYSE:HON) has risen 15.94% since April 16, 2017 and is uptrending. It has outperformed by 4.39% the S&P500.

Analysts await Honeywell International Inc. (NYSE:HON) to report earnings on April, 20. They expect $1.88 earnings per share, up 13.25% or $0.22 from last year’s $1.66 per share. HON’s profit will be $1.41 billion for 19.59 P/E if the $1.88 EPS becomes a reality. After $1.85 actual earnings per share reported by Honeywell International Inc. for the previous quarter, Wall Street now forecasts 1.62% EPS growth.

Brookside Capital Management Llc increased O Reilly Automotive Inc New (NASDAQ:ORLY) stake by 26,211 shares to 165,989 valued at $39.93M in 2017Q4. It also upped Hilton Worldwide Hldgs Inc stake by 87,817 shares and now owns 188,725 shares. Mulesoft Inc was raised too.

Since February 14, 2018, it had 0 buys, and 2 sales for $874,731 activity. 2,886 shares valued at $426,291 were sold by Deily Linnet F on Wednesday, February 14. $448,440 worth of Honeywell International Inc. (NYSE:HON) was sold by PARDO JAIME CHICO /FA on Monday, February 26.

Among 21 analysts covering Honeywell International Inc. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Honeywell International Inc. had 94 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Tuesday, April 19 by Citigroup. The company was maintained on Tuesday, September 26 by Jefferies. The company was maintained on Wednesday, December 13 by RBC Capital Markets. The rating was maintained by Stifel Nicolaus on Tuesday, April 3 with “Buy”. Robert W. Baird maintained the shares of HON in report on Friday, January 26 with “Buy” rating. As per Monday, May 29, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Monday, January 22 by Cowen & Co. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, April 12 report. RBC Capital Markets downgraded the stock to “Hold” rating in Wednesday, January 3 report. As per Friday, June 30, the company rating was maintained by RBC Capital Markets.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.03, from 1.14 in 2017Q3. It is negative, 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. Brick & Kyle Assocs reported 0.77% stake. Regentatlantic Cap Lc owns 0.42% invested in Honeywell International Inc. (NYSE:HON) for 33,332 shares. Walleye Trading Limited Com reported 19,774 shares stake. Amer Research Mgmt owns 629 shares. Coho Prtnrs Limited holds 6,839 shares or 0.03% of its portfolio. The Pennsylvania-based Hbk Sorce Advisory Ltd Co has invested 0.1% in Honeywell International Inc. (NYSE:HON). Sfmg Limited Liability Com has 1,727 shares for 0.04% of their portfolio. Boys Arnold & Inc reported 5,017 shares. Stephens Inc Ar reported 0.34% in Honeywell International Inc. (NYSE:HON). Sva Plumb Wealth Limited Liability Corporation has 0.61% invested in Honeywell International Inc. (NYSE:HON). Greystone Managed Invs holds 79,188 shares or 0.5% of its portfolio. Saturna Cap Corp invested in 301,856 shares. First Fiduciary Inv Counsel holds 3.66% or 131,257 shares. Dekabank Deutsche Girozentrale invested in 0.25% or 228,491 shares. Ativo Cap Management Ltd Liability Com reported 10,200 shares.

Among 15 analysts covering Hormel Foods Corporation (NYSE:HRL), 6 have Buy rating, 3 Sell and 6 Hold. Therefore 40% are positive. Hormel Foods Corporation has $80 highest and $26 lowest target. $39.50’s average target is 11.41% above currents $35.455 stock price. Hormel Foods Corporation had 53 analyst reports since July 27, 2015 according to SRatingsIntel. BMO Capital Markets maintained Hormel Foods Corporation (NYSE:HRL) rating on Wednesday, November 23. BMO Capital Markets has “Outperform” rating and $45 target. BMO Capital Markets maintained it with “Outperform” rating and $38 target in Friday, August 25 report. The firm has “Buy” rating by Jefferies given on Wednesday, December 16. The company was upgraded on Friday, September 16 by Edward Jones. On Tuesday, August 25 the stock rating was upgraded by Zacks to “Hold”. Deutsche Bank downgraded the stock to “Hold” rating in Monday, December 14 report. BB&T Capital initiated the shares of HRL in report on Wednesday, September 9 with “Hold” rating. BB&T Capital downgraded the stock to “Underweight” rating in Tuesday, April 5 report. The firm has “Hold” rating by Jefferies given on Monday, September 25. On Tuesday, February 27 the stock rating was maintained by Credit Suisse with “Neutral”.

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company has market cap of $18.78 billion. The firm operates in five divisions: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It has a 20.97 P/E ratio. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products.

Investors sentiment increased to 1.09 in Q4 2017. Its up 0.17, from 0.92 in 2017Q3. It is positive, as 38 investors sold Hormel Foods Corporation shares while 157 reduced holdings. 65 funds opened positions while 147 raised stakes. 195.04 million shares or 2.11% more from 191.01 million shares in 2017Q3 were reported. Citadel Advisors Ltd Liability has invested 0.01% in Hormel Foods Corporation (NYSE:HRL). Cadinha Communications Lc stated it has 0.08% in Hormel Foods Corporation (NYSE:HRL). Hendershot stated it has 12,524 shares or 0.18% of all its holdings. Hightower Advsrs Ltd Liability Corp invested 0.03% in Hormel Foods Corporation (NYSE:HRL). Caisse De Depot Et Placement Du Quebec invested in 0% or 48,000 shares. Orrstown Finance Serv reported 0.01% of its portfolio in Hormel Foods Corporation (NYSE:HRL). Victory Capital owns 2.42 million shares. Willingdon Wealth reported 0.01% stake. Princeton Portfolio Strategies Grp Inc Limited Com reported 33,264 shares. Kanawha Cap Mngmt Ltd Llc holds 0.03% in Hormel Foods Corporation (NYSE:HRL) or 6,214 shares. Royal Fincl Bank Of Canada holds 0.01% or 381,797 shares. The California-based Cornerstone Inc has invested 0.05% in Hormel Foods Corporation (NYSE:HRL). The Minnesota-based Us Fincl Bank De has invested 0.23% in Hormel Foods Corporation (NYSE:HRL). Hendley &, a Ohio-based fund reported 67,886 shares. Fairpointe Ltd Co reported 4.68M shares.

Hormel Foods Corp’s Senior Vice President, Mark Coffey, made a sale of 8,000 shares of stock in the corporation. The shares average cost was $35.0, for total trade amount of $279,761 U.S. Dollars. Currently, Mr. Mark, has ownership of 39,145 shares, which accounts for 0.01% of the company’s market cap.

Since January 4, 2018, it had 0 insider buys, and 9 insider sales for $9.84 million activity. Murano Elsa A had sold 5,992 shares worth $212,716. On Friday, March 9 Forbes Glenn S sold $151,403 worth of Hormel Foods Corporation (NYSE:HRL) or 4,492 shares. VORPAHL LARRY L had sold 180,000 shares worth $6.16M on Tuesday, April 3. 20,000 shares were sold by BINDER STEVEN G, worth $668,000. The insider NAKASONE ROBERT sold $515,716. On Tuesday, April 10 SPLINTER JAMES M sold $1.70M worth of Hormel Foods Corporation (NYSE:HRL) or 48,000 shares. On Tuesday, March 13 the insider Marconi Luis G sold $33,884.

Analysts await Hormel Foods Corporation (NYSE:HRL) to report earnings on May, 24. They expect $0.44 EPS, up 12.82% or $0.05 from last year’s $0.39 per share. HRL’s profit will be $233.00 million for 20.14 P/E if the $0.44 EPS becomes a reality. After $0.44 actual EPS reported by Hormel Foods Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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