Honeywell International Inc. Has $8.95 Million Holdings in Anadarko Petroleum Co. (APC)

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Honeywell International Inc. raised its holdings in Anadarko Petroleum Co. (NYSE:APC) by 0.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 204,100 shares of the oil and gas development company’s stock after acquiring an additional 900 shares during the quarter. Honeywell International Inc.’s holdings in Anadarko Petroleum were worth $8,948,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BlackRock Inc. lifted its stake in Anadarko Petroleum by 11.8% in the third quarter. BlackRock Inc. now owns 47,443,900 shares of the oil and gas development company’s stock valued at $3,198,193,000 after acquiring an additional 5,004,406 shares during the last quarter. FMR LLC lifted its stake in Anadarko Petroleum by 9.2% in the second quarter. FMR LLC now owns 23,949,562 shares of the oil and gas development company’s stock valued at $1,754,305,000 after acquiring an additional 2,011,856 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Anadarko Petroleum by 1.7% in the third quarter. Bank of New York Mellon Corp now owns 8,079,505 shares of the oil and gas development company’s stock valued at $544,639,000 after acquiring an additional 138,019 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Anadarko Petroleum by 22.8% in the third quarter. Janus Henderson Group PLC now owns 7,350,604 shares of the oil and gas development company’s stock valued at $495,505,000 after acquiring an additional 1,363,271 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in Anadarko Petroleum by 350.0% in the third quarter. AQR Capital Management LLC now owns 5,737,992 shares of the oil and gas development company’s stock valued at $386,798,000 after acquiring an additional 4,462,780 shares during the last quarter. Hedge funds and other institutional investors own 85.57% of the company’s stock.

APC has been the subject of a number of analyst reports. Piper Jaffray Companies set a $98.00 price objective on shares of Anadarko Petroleum and gave the stock a “buy” rating in a research note on Tuesday, October 23rd. Zacks Investment Research upgraded shares of Anadarko Petroleum from a “sell” rating to a “hold” rating in a research note on Wednesday, January 9th. Morgan Stanley reduced their price objective on shares of Anadarko Petroleum from $83.00 to $76.00 and set a “hold” rating for the company in a research note on Tuesday, November 20th. JPMorgan Chase & Co. restated a “buy” rating on shares of Anadarko Petroleum in a research note on Friday, November 16th. Finally, Jefferies Financial Group reduced their price objective on shares of Anadarko Petroleum from $86.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday, November 1st. Seven investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. Anadarko Petroleum has a consensus rating of “Buy” and an average price target of $77.20.

NYSE:APC opened at $43.73 on Tuesday. The firm has a market cap of $21.10 billion, a P/E ratio of 19.35, a P/E/G ratio of 1.79 and a beta of 1.58. Anadarko Petroleum Co. has a one year low of $40.40 and a one year high of $76.70. The company has a quick ratio of 0.87, a current ratio of 0.81 and a debt-to-equity ratio of 1.41.

Anadarko Petroleum (NYSE:APC) last released its earnings results on Tuesday, February 5th. The oil and gas development company reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.19). The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.47 billion. Anadarko Petroleum had a net margin of 4.60% and a return on equity of 10.14%. Anadarko Petroleum’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.18 earnings per share. As a group, analysts forecast that Anadarko Petroleum Co. will post 1.54 earnings per share for the current fiscal year.

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About Anadarko Petroleum

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs).

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Institutional Ownership by Quarter for Anadarko Petroleum (NYSE:APC)

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