OneDigital Investment Advisors LLC Acquires New Shares in Honeywell Aerospace $HONA

OneDigital Investment Advisors LLC bought a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 6,066 shares of the company’s stock, valued at approximately $1,341,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Plato Investment Management Ltd bought a new position in shares of Honeywell Aerospace during the second quarter valued at $219,000. Bell Investment Advisors Inc bought a new stake in Honeywell Aerospace in the 2nd quarter worth about $29,000. AMG National Trust Bank purchased a new position in Honeywell Aerospace in the 2nd quarter worth about $625,000. Compass Capital Management Inc. purchased a new position in Honeywell Aerospace in the 2nd quarter worth about $287,000. Finally, Roman Butler Fullerton & Co. purchased a new position in Honeywell Aerospace in the 2nd quarter worth about $254,000.

Honeywell Aerospace Stock Down 2.9%

NASDAQ:HONA opened at $161.56 on Tuesday. The firm has a market capitalization of $51.21 billion and a PE ratio of 86.40. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last released its earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share for the quarter. The company had revenue of $4.35 billion for the quarter. Sell-side analysts expect that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.

Analyst Ratings Changes

HONA has been the topic of a number of recent analyst reports. BNP Paribas Exane dropped their price target on shares of Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Vertical Research began coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They set a “hold” rating and a $243.00 price objective for the company. Morgan Stanley set a $205.00 price objective on shares of Honeywell Aerospace in a research report on Friday, August 7th. Wall Street Zen upgraded shares of Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Honeywell Aerospace in a research report on Friday, July 10th. They issued a “neutral” rating and a $255.00 target price for the company. One equities research 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 company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $224.17.

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.