10,195 Shares in Honeywell Aerospace $HONA Purchased by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new position in Honeywell Aerospace (NASDAQ:HONA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 10,195 shares of the company’s stock, valued at approximately $2,283,000.

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

Honeywell Aerospace Stock Performance

NASDAQ HONA opened at $162.37 on Monday. The company’s 50 day simple moving average is $195.14. Honeywell Aerospace has a 52-week low of $150.03 and a 52-week high of $297.50. The company has a market capitalization of $51.46 billion and a P/E ratio of 86.83.

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 business had revenue of $4.35 billion during the quarter. As a group, equities research analysts expect that Honeywell Aerospace will post 7.75 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on HONA. 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 research report on Thursday, August 6th. BNP Paribas Exane cut 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. Wall Street Zen upgraded shares of Honeywell Aerospace to a “hold” rating in a research note on Sunday, July 12th. TD Cowen assumed coverage on Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating and a $250.00 price objective on the stock. Finally, Vertical Research began coverage on Honeywell Aerospace in a research report on Wednesday, July 1st. They set a “hold” rating and a $243.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $224.17.

About Honeywell Aerospace

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.