Great Lakes Advisors LLC purchased a new position in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 4,017 shares of the company’s stock, valued at approximately $899,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of HONA. Grandfield & Dodd LLC purchased a new position in Honeywell Aerospace during the 2nd quarter worth $759,000. SCS Capital Management LLC purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at about $1,821,000. SFE Investment Counsel purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at about $2,981,000. MidFirst Bank acquired a new position in shares of Honeywell Aerospace during the second quarter worth about $5,608,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Honeywell Aerospace during the second quarter worth about $8,809,000.
Honeywell Aerospace Price Performance
HONA stock opened at $164.73 on Friday. The company has a market cap of $52.21 billion and a PE ratio of 88.09. Honeywell Aerospace has a 12-month low of $150.03 and a 12-month high of $297.50.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the company. Evercore set a $210.00 price objective on Honeywell Aerospace in a report on Thursday, August 6th. TD Cowen began coverage on Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating and a $250.00 target price for the company. Wells Fargo & Company set a $195.00 price target on Honeywell Aerospace in a report on Monday, August 10th. Zacks Research upgraded Honeywell Aerospace to a “hold” rating in a research note on Wednesday, July 1st. Finally, Vertical Research assumed coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $224.17.
View Our Latest Research 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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