5,157 Shares in Honeywell Aerospace $HONA Purchased by Syon Capital LLC

Syon Capital LLC purchased a new position in Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,157 shares of the company’s stock, valued at approximately $1,140,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Leo H. Evart Inc. acquired a new position in shares of Honeywell Aerospace in the 2nd quarter valued at $26,000. Meeder Asset Management Inc. acquired a new stake in shares of Honeywell Aerospace during the 2nd quarter worth $29,000. Bell Investment Advisors Inc purchased a new position in shares of Honeywell Aerospace in the 2nd quarter worth $29,000. Syntax Research Inc. purchased a new position in shares of Honeywell Aerospace in the 2nd quarter worth $45,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in Honeywell Aerospace in the second quarter valued at $40,000.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HONA. Evercore set a $210.00 price target on Honeywell Aerospace in a research report on Thursday, August 6th. Melius Research raised Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. Royal Bank Of Canada decreased their target price on Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. UBS Group cut their price target on shares of Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Finally, Wolfe Research initiated coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating for the company. One investment 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 stock. According to data from MarketBeat, Honeywell Aerospace presently has a consensus rating of “Hold” and an average target price of $224.17.

Honeywell Aerospace Price Performance

Honeywell Aerospace stock opened at $161.01 on Friday. Honeywell Aerospace has a 12-month low of $150.03 and a 12-month high of $297.50. The stock has a market cap of $51.03 billion and a P/E ratio of 86.10. The business’s fifty day moving average price is $191.08.

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 firm had revenue of $4.35 billion during the quarter. As a group, sell-side analysts predict that Honeywell Aerospace will post 7.75 earnings per share for the current year.

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.