Will Honeywell International’s Top Institutional Shareholders Flee After Lowered Revenue Guidance?

Honeywell Inc. (NYSE:HON): Honeywell has reported its first quarter results, and has stuck to the trend of strong earnings but lean revenue. Earnings came in at $1.21 per share, about $0.07 over analyst estimates. Revenue of $9.31 billion just missed by $140 million, as many product lines either lay flat for the company or decreased slightly. Aerospace fell 1 percent year-over-year, automation and control systems lay flat, performance materials and technologies actually grew by 6 percent, and transportation fell by 4 percent. The company raised its FY2013 guidance earnings from $4.80 to $4.95, and lowered its revenue to $38.8 billion -$39.3 billion from $39 billion-$39.5 billion.

These institutional firms indicated owning shares of Honeywell International Inc. in Q1 2013. They reported owning a total of 105.071 million shares on 03/31/2013. The shares closed at $75.35 on 03/31/2013.

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Here are the ten largest positions in Honeywell International Inc. at the end of March 31st, 2013.

Vanguard Group Inc. held 34,318,137 shares on 03/31/2013 worth $2,585,871,571. This brought the portfolio total to 0.28%.

Blackrock Institutional Trust Company N.A. held 20,509,259 shares on 03/31/2013 worth $1,545,372,634. This brought the portfolio total to 0.32%.

Bank of New York Mellon Corp. held 11,804,107 shares on 03/31/2013 worth $889,439,444. This brought the portfolio total to 0.28%.

Blackrock Fund Advisors held 8,588,949 shares on 03/31/2013 worth $647,177,294. This brought the portfolio total to 0.25%.

Blackrock Advisors LLC held 5,221,163 shares on 03/31/2013 worth $393,414,624. This brought the portfolio total to 0.39%.

Blackrock Group Ltd held 4,940,042 shares on 03/31/2013 worth $372,232,157. This brought the portfolio total to 0.28%.

Blackrock Investment Management LLC held 3,306,913 shares on 03/31/2013 worth $249,175,890. This brought the portfolio total to 0.43%.

Rockefeller Financial Services Inc. held 1,398,892 shares on 03/31/2013 worth $105,406,510. This brought the portfolio total to 2.04%.

Parametric Portfolio Associates LLC held 1,241,097 shares on 03/31/2013 worth $93,516,657. This brought the portfolio total to 0.31%.

Blackrock Inc. held 1,212,053 shares on 03/31/2013 worth $91,328,192. This brought the portfolio total to 0.18%.

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