Nixon Capital LLC Invests $7.65 Million in Honeywell Aerospace $HONA

Nixon Capital LLC bought a new stake in shares of Honeywell Aerospace (NASDAQ:HONAFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 34,184 shares of the company’s stock, valued at approximately $7,654,000. Honeywell Aerospace makes up about 2.4% of Nixon Capital LLC’s investment portfolio, making the stock its 16th biggest position.

Other large investors have also recently made changes to their positions in the company. Meeder Asset Management Inc. purchased a new stake in Honeywell Aerospace during the second quarter worth $29,000. Bell Investment Advisors Inc acquired a new stake in Honeywell Aerospace during the second quarter valued at $29,000. Strategic Wealth Advisors LLC purchased a new position in Honeywell Aerospace in the second quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Honeywell Aerospace in the second quarter valued at $40,000. Finally, Gables Capital Management Inc. acquired a new position in shares of Honeywell Aerospace in the second quarter worth about $47,000.

Honeywell Aerospace Price Performance

Shares of NASDAQ HONA opened at $164.73 on Monday. The firm has a market capitalization of $52.21 billion and a P/E ratio of 88.09. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50.

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

Analysts Set New Price Targets

HONA has been the topic of several recent analyst reports. Wolfe Research began coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating on the stock. TD Cowen initiated coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating and a $250.00 price target for the company. Royal Bank Of Canada reduced their price target on Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. BNP Paribas Exane lowered their price target 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, Wells Fargo & Company set a $195.00 price target on Honeywell Aerospace in a research report on Monday, August 10th. One research 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $224.17.

View Our Latest Report on Honeywell Aerospace

About Honeywell Aerospace

(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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