5,340 Shares in Honeywell Aerospace $HONA Bought by Mystic Asset Management Inc.

Mystic Asset Management Inc. purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONAFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,340 shares of the company’s stock, valued at approximately $1,181,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grandfield & Dodd LLC purchased a new stake in shares of Honeywell Aerospace during the 2nd quarter worth about $759,000. SCS Capital Management LLC purchased a new position in shares of Honeywell Aerospace in the 2nd quarter valued at about $1,821,000. SFE Investment Counsel purchased a new position in shares of Honeywell Aerospace in the 2nd quarter valued at about $2,981,000. MidFirst Bank acquired a new position in Honeywell Aerospace in the 2nd quarter worth about $5,608,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in Honeywell Aerospace in the 2nd quarter worth about $8,809,000.

Honeywell Aerospace News Roundup

Here are the key news stories impacting Honeywell Aerospace this week:

  • Positive Sentiment: Morgan Stanley upgraded Honeywell Aerospace to Overweight from Equal-weight and maintained a $205 price target. Analyst Kristine Liwag argued that the recent selloff created an attractive entry point, implying substantial upside from current levels. Honeywell Aerospace Stock Upgraded to Overweight Following Sell-Off
  • Positive Sentiment: Multiple reports highlighted Morgan Stanley’s view that Honeywell Aerospace had become “too cheap to ignore.” The upgrade helped drive a sharp rebound in the stock during the prior session and may support investor confidence in the company’s long-term earnings outlook. Honeywell Aerospace is now too cheap to ignore, says Morgan Stanley
  • Neutral Sentiment: Analyst coverage remains mixed, suggesting that Morgan Stanley’s bullish stance is not universally shared. Investors are likely balancing the $205 price target against valuation concerns, recent volatility, and uncertainty in the broader market. Honeywell Aerospace Sees Mixed Analyst Views
  • Neutral Sentiment: Broader market conditions were also unfavorable, with rising yields and geopolitical concerns weighing on equities. Those macroeconomic pressures could limit the immediate benefit of the Morgan Stanley upgrade. Top Wall Street Analyst Research Calls
  • Negative Sentiment: Law firm Bragar Eagel & Squire announced an investigation into Honeywell Aerospace on behalf of shareholders who suffered losses. Although the announcement does not establish wrongdoing, litigation-related headlines can increase uncertainty and weigh on the stock. Honeywell Aerospace Stockholder Alert

Honeywell Aerospace Stock Performance

HONA stock opened at $165.89 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 capitalization of $52.58 billion and a P/E ratio of 88.71.

Honeywell Aerospace (NASDAQ:HONAGet Free Report) last announced its earnings results on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The firm had revenue of $4.35 billion for the quarter. As a group, analysts expect that Honeywell Aerospace will post 7.75 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Melius Research upgraded Honeywell Aerospace to a “strong-buy” rating in a research report on Monday, June 29th. Zacks Research upgraded Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. JPMorgan Chase & Co. initiated coverage on Honeywell Aerospace in a research note on Friday, July 10th. They set a “neutral” rating and a $255.00 target price for the company. BNP Paribas Exane decreased their target price on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Finally, Evercore set a $210.00 price target on shares of Honeywell Aerospace in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $224.17.

View Our Latest Stock Report on Honeywell Aerospace

Honeywell Aerospace Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Honeywell Aerospace (NASDAQ:HONA)

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