Clear Harbor Asset Management LLC purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 8,781 shares of the company’s stock, valued at approximately $1,941,000.
Several other hedge funds have also bought and sold shares of HONA. Hardy Reed LLC purchased a new stake in Honeywell Aerospace in the second quarter worth about $1,151,000. Plan Group Financial LLC bought a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $270,000. Mill Capital Management LLC purchased a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $419,000. Bryn Mawr Trust Advisors LLC purchased a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $1,301,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $8,809,000.
Honeywell Aerospace Stock Performance
Shares of NASDAQ HONA opened at $164.73 on Friday. The company has a market capitalization of $52.21 billion and a PE ratio of 88.09. Honeywell Aerospace has a 52-week low of $150.03 and a 52-week high of $297.50.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on HONA. Wells Fargo & Company set a $195.00 price target on Honeywell Aerospace in a research note on Monday, August 10th. Argus began coverage on Honeywell Aerospace in a research note on Thursday, July 9th. They set a “buy” rating and a $275.00 price objective for the company. Evercore set a $210.00 target price on Honeywell Aerospace in a report on Thursday, August 6th. Wolfe Research initiated coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating on the stock. Finally, 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. One 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $224.17.
Get Our Latest Research Report on HONA
About Honeywell Aerospace
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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