Meeder Advisory Services Inc. acquired a new stake in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 7,860 shares of the company’s stock, valued at approximately $1,738,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in HONA. Bell Investment Advisors Inc bought a new stake in shares of Honeywell Aerospace during the second quarter worth about $29,000. Meeder Asset Management Inc. bought a new position in Honeywell Aerospace in the 2nd quarter valued at about $29,000. Trifecta Capital Advisors LLC acquired a new position in Honeywell Aerospace during the 2nd quarter valued at about $67,000. Kelleher Financial Advisors acquired a new position in Honeywell Aerospace during the 2nd quarter valued at about $78,000. Finally, J.Safra Asset Management Corp bought a new stake in Honeywell Aerospace during the 2nd quarter worth approximately $124,000.
Honeywell Aerospace Stock Down 0.5%
Shares of HONA stock opened at $160.76 on Wednesday. The stock has a market capitalization of $50.95 billion and a price-to-earnings ratio of 85.97. Honeywell Aerospace has a 52-week low of $150.03 and a 52-week high of $297.50.
Analyst Ratings Changes
Several analysts have recently commented on the company. Morgan Stanley set a $205.00 price objective on Honeywell Aerospace in a research note on Friday, August 7th. TD Cowen assumed coverage on Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating and a $250.00 target price on the stock. Melius Research upgraded Honeywell Aerospace to a “strong-buy” rating in a report on Monday, June 29th. BNP Paribas Exane lowered their price target on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Finally, Wall Street Zen upgraded Honeywell Aerospace to a “hold” rating in a research note on Sunday, July 12th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $224.17.
View Our Latest Stock Report on Honeywell Aerospace
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.
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