GTS Securities LLC bought a new stake in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 7,183 shares of the company’s stock, valued at approximately $1,608,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Grandfield & Dodd LLC purchased a new position in shares of Honeywell Aerospace in the 2nd quarter worth about $759,000. SCS Capital Management LLC purchased a new position in shares of Honeywell Aerospace during the 2nd quarter valued at about $1,821,000. SFE Investment Counsel purchased a new position in shares of Honeywell Aerospace during the 2nd quarter valued at about $2,981,000. MidFirst Bank bought a new stake in Honeywell Aerospace in the 2nd quarter worth approximately $5,608,000. Finally, IMC Chicago LLC bought a new stake in Honeywell Aerospace in the 2nd quarter worth approximately $10,508,000.
Honeywell Aerospace Stock Performance
NASDAQ HONA opened at $162.37 on Friday. Honeywell Aerospace has a 1-year low of $150.03 and a 1-year high of $297.50. The firm has a 50-day moving average of $195.14. The company has a market cap of $51.46 billion and a price-to-earnings ratio of 86.83.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on HONA. Wolfe Research assumed coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating for the company. BNP Paribas Exane decreased their price target on shares of Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Vertical Research started coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price objective for the company. Wells Fargo & Company set a $195.00 price objective on shares of Honeywell Aerospace in a research note on Monday, August 10th. Finally, Argus began coverage on shares of Honeywell Aerospace in a report on Thursday, July 9th. They set a “buy” rating and a $275.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Honeywell Aerospace has an average rating of “Hold” and a consensus price target 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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