GTS Securities LLC Purchases Shares of 7,183 Honeywell Aerospace $HONA

GTS Securities LLC purchased a new position in Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,183 shares of the company’s stock, valued at approximately $1,608,000.

Other hedge funds have also recently modified their holdings of the company. Meeder Asset Management Inc. bought a new position in shares of Honeywell Aerospace during the second quarter valued at about $29,000. Bell Investment Advisors Inc purchased a new stake in shares of Honeywell Aerospace during the second quarter worth about $29,000. Strategic Wealth Advisors LLC bought a new stake in shares of Honeywell Aerospace in the second quarter worth about $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Honeywell Aerospace in the second quarter worth about $40,000. Finally, Gables Capital Management Inc. purchased a new position in Honeywell Aerospace during the 2nd quarter valued at about $47,000.

Honeywell Aerospace Price Performance

Shares of NASDAQ HONA opened at $162.37 on Friday. Honeywell Aerospace has a 1 year low of $150.03 and a 1 year high of $297.50. The stock has a market capitalization of $51.46 billion and a PE ratio of 86.83. The company’s 50-day moving average is $195.14.

Honeywell Aerospace (NASDAQ:HONA) last issued its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The company had revenue of $4.35 billion during the quarter. On average, equities analysts anticipate that Honeywell Aerospace will post 7.75 EPS for the current year.

Wall Street Analysts Forecast Growth

HONA has been the subject of a number of recent analyst reports. Jefferies Financial Group set a $175.00 price target on Honeywell Aerospace in a research report on Sunday, August 9th. BNP Paribas Exane cut their price objective on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Vertical Research started coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They set a “hold” rating and a $243.00 target price on the stock. UBS Group decreased their target price on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Finally, Wolfe Research initiated coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Honeywell Aerospace presently has an average rating of “Hold” and a consensus price target of $224.17.

Honeywell Aerospace 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.