Clearstead Trust LLC bought a new position in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) during the second quarter, Holdings Channel reports. The fund bought 3,261 shares of the company’s stock, valued at approximately $721,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of HONA. Hardy Reed LLC bought a new position in Honeywell Aerospace in the 2nd quarter valued at $1,151,000. Plan Group Financial LLC purchased a new position in shares of Honeywell Aerospace during the 2nd quarter valued at $270,000. Mill Capital Management LLC bought a new position in shares of Honeywell Aerospace in the second quarter worth $419,000. Bryn Mawr Trust Advisors LLC bought a new position in shares of Honeywell Aerospace in the second quarter worth $1,301,000. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Honeywell Aerospace in the second quarter worth $8,809,000.
Honeywell Aerospace Stock Performance
Honeywell Aerospace stock opened at $166.36 on Friday. The firm has a market cap of $52.73 billion and a PE ratio of 88.96. Honeywell Aerospace has a fifty-two week low of $150.03 and a fifty-two week high of $297.50.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on HONA shares. Morgan Stanley set a $205.00 price objective on Honeywell Aerospace in a research note on Friday, August 7th. Zacks Research upgraded Honeywell Aerospace to a “hold” rating in a research note on Wednesday, July 1st. Royal Bank Of Canada lowered their price target on Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating on the stock in a report on Thursday, August 6th. Melius Research upgraded Honeywell Aerospace to a “strong-buy” rating in a research report on Monday, June 29th. Finally, Jefferies Financial Group set a $175.00 price target on Honeywell Aerospace in a research report on Sunday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $224.17.
Check Out Our Latest Stock Report on HONA
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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