Two Sigma Securities LLC Buys Shares of 9,798 Honeywell Aerospace $HONA

Two Sigma Securities LLC bought a new position in Honeywell Aerospace (NASDAQ:HONA) in the second quarter, Holdings Channel.com reports. The institutional investor bought 9,798 shares of the company’s stock, valued at approximately $2,194,000.

Other hedge funds have also modified their holdings of the company. Grandfield & Dodd LLC purchased a new position in shares of Honeywell Aerospace in the 2nd quarter worth approximately $759,000. SCS Capital Management LLC purchased a new stake in Honeywell Aerospace during the second quarter valued at approximately $1,821,000. SFE Investment Counsel acquired a new stake in Honeywell Aerospace in the second quarter valued at approximately $2,981,000. MidFirst Bank acquired a new stake in Honeywell Aerospace in the second quarter valued at approximately $5,608,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in Honeywell Aerospace in the second quarter worth $8,809,000.

Analysts Set New Price Targets

HONA has been the topic of a number of recent analyst reports. Evercore set a $210.00 price target on Honeywell Aerospace in a research report on Thursday, August 6th. BMO Capital Markets lowered their price objective on Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating for the company in a research report on Monday, August 10th. Wall Street Zen raised Honeywell Aerospace to a “hold” rating in a research report on Sunday, July 12th. Zacks Research upgraded Honeywell Aerospace to a “hold” rating in a research note on Wednesday, July 1st. Finally, Royal Bank Of Canada dropped their price target on Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Honeywell Aerospace presently has an average rating of “Hold” and an average price target of $224.17.

Honeywell Aerospace Stock Performance

NASDAQ:HONA opened at $162.37 on Monday. The firm has a fifty day simple moving average of $195.14. The stock has a market capitalization of $51.46 billion and a price-to-earnings ratio of 86.83. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last posted its earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share for the quarter. The firm had revenue of $4.35 billion for the quarter. On average, research 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.