Simplicity Wealth LLC Takes $1.01 Million Position in Honeywell Aerospace $HONA

Simplicity Wealth LLC acquired a new position in shares of Honeywell Aerospace (NASDAQ:HONAFree Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 4,509 shares of the company’s stock, valued at approximately $1,010,000.

Other hedge funds also recently made changes to their positions in the company. Trifecta Capital Advisors LLC acquired a new stake in Honeywell Aerospace in the second quarter valued at about $67,000. Kelleher Financial Advisors acquired a new position in Honeywell Aerospace during the 2nd quarter worth approximately $78,000. J.Safra Asset Management Corp acquired a new position in Honeywell Aerospace during the 2nd quarter worth approximately $124,000. One Wealth Advisors LLC purchased a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $210,000. Finally, Bridgewater Advisors Inc. purchased a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $236,000.

Honeywell Aerospace Price Performance

Shares of HONA opened at $166.36 on Monday. Honeywell Aerospace has a fifty-two week low of $150.03 and a fifty-two week high of $297.50. The firm has a market capitalization of $52.73 billion and a price-to-earnings ratio of 88.96.

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. On average, analysts forecast that Honeywell Aerospace will post 7.75 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on HONA shares. BNP Paribas Exane reduced their price objective 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. UBS Group lowered their target price on shares of Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Wall Street Zen raised shares of Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. Wells Fargo & Company set a $195.00 price target on shares of Honeywell Aerospace in a research report on Monday, August 10th. Finally, Royal Bank Of Canada decreased their price target on Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $224.17.

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Honeywell Aerospace 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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