Everett Harris & Co. CA purchased a new position in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,162 shares of the company’s stock, valued at approximately $699,000.
Several other institutional investors also recently bought and sold shares of the business. Plan Group Financial LLC purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $270,000. Mill Capital Management LLC purchased a new position in shares of Honeywell Aerospace during the 2nd quarter valued at approximately $419,000. Hardy Reed LLC purchased a new position in shares of Honeywell Aerospace during the 2nd quarter valued at approximately $1,151,000. Bryn Mawr Trust Advisors LLC purchased a new position in shares of Honeywell Aerospace during the 2nd quarter valued at approximately $1,301,000. Finally, Oppenheimer Asset Management Inc. purchased a new stake in Honeywell Aerospace in the 2nd quarter worth $8,809,000.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the stock. Royal Bank Of Canada reduced their price objective on shares of Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, August 6th. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a research report on Thursday, August 6th. TD Cowen started coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating and a $250.00 target price for the company. Zacks Research upgraded shares of Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. Finally, Melius Research upgraded shares of Honeywell Aerospace to a “strong-buy” rating in a research report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Honeywell Aerospace currently has a consensus rating of “Hold” and a consensus target price of $224.17.
Honeywell Aerospace Price Performance
Shares of HONA opened at $166.36 on Friday. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50. The company has a market cap of $52.73 billion and a P/E ratio of 88.96.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last posted its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The firm had revenue of $4.35 billion during the quarter. As a group, equities analysts predict that Honeywell Aerospace will post 7.75 EPS for the current year.
Honeywell Aerospace Company Profile
Honeywell Aerospace Inc manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. The company offers actuation products, air and thermal management products, auxiliary power units, cabin management and entertainment products, cockpit systems and displays, electric power products, engines, health and usage monitoring products, lighting products, microelectronics, navigation products and radios, recorders and transmitters, satellite communications, sensors, space products, terrain and traffic awareness, vehicle turbochargers, weather radars, and wheels and braking systems.
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