Clifford Swan Investment Counsel LLC Invests $5.70 Million in Honeywell Aerospace $HONA

Clifford Swan Investment Counsel LLC bought a new stake in Honeywell Aerospace (NASDAQ:HONAFree Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 25,758 shares of the company’s stock, valued at approximately $5,695,000.

Other large investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc purchased a new position in Honeywell Aerospace during the 2nd quarter worth approximately $29,000. Strategic Wealth Advisors LLC purchased a new stake in Honeywell Aerospace in the second quarter valued at approximately $29,000. Meeder Asset Management Inc. acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $40,000. Finally, Gables Capital Management Inc. acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $47,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on HONA shares. Argus assumed coverage on shares of Honeywell Aerospace in a report on Thursday, July 9th. They issued a “buy” rating and a $275.00 target price on the stock. BNP Paribas Exane decreased their price target on shares of Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. TD Cowen began coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating and a $250.00 price objective on the stock. Evercore set a $210.00 price objective on shares of Honeywell Aerospace in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. started coverage on shares of Honeywell Aerospace in a report on Friday, July 10th. They issued a “neutral” rating and a $255.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $224.17.

Read Our Latest Stock Analysis on Honeywell Aerospace

Honeywell Aerospace Stock Down 2.6%

Honeywell Aerospace stock opened at $158.11 on Tuesday. The stock’s 50 day moving average is $194.29. Honeywell Aerospace has a twelve month low of $150.03 and a twelve month high of $297.50. The firm has a market cap of $50.11 billion and a PE ratio of 84.55.

Honeywell Aerospace (NASDAQ:HONAGet Free Report) last released its earnings results 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 during the quarter. As a group, equities analysts predict that Honeywell Aerospace will post 7.75 EPS for the current year.

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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