20,942 Shares in Honeywell Aerospace $HONA Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI bought a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 20,942 shares of the company’s stock, valued at approximately $4,630,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bell Investment Advisors Inc bought a new position in shares of Honeywell Aerospace during the 2nd quarter worth about $29,000. Trifecta Capital Advisors LLC bought a new stake in shares of Honeywell Aerospace in the second quarter valued at about $67,000. Kelleher Financial Advisors bought a new stake in shares of Honeywell Aerospace in the second quarter valued at about $78,000. J.Safra Asset Management Corp acquired a new stake in Honeywell Aerospace during the second quarter worth about $124,000. Finally, One Wealth Advisors LLC acquired a new stake in Honeywell Aerospace during the second quarter worth about $210,000.

Honeywell Aerospace Stock Performance

NASDAQ HONA opened at $161.56 on Tuesday. 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 $51.21 billion and a P/E ratio of 86.40.

Honeywell Aerospace (NASDAQ:HONA) last issued its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The business had revenue of $4.35 billion during the quarter. Analysts forecast that Honeywell Aerospace will post 7.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on HONA shares. Zacks Research raised Honeywell Aerospace to a “hold” rating in a report on Wednesday, July 1st. BNP Paribas Exane decreased their price objective on 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 Honeywell Aerospace to a “hold” rating in a research report on Sunday, July 12th. JPMorgan Chase & Co. assumed coverage on Honeywell Aerospace in a research note on Friday, July 10th. They issued a “neutral” rating and a $255.00 target price for the company. Finally, Vertical Research started coverage on Honeywell Aerospace in a research report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Honeywell Aerospace presently has an average rating of “Hold” and an average 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.