Callan Family Office LLC purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,170 shares of the company's stock, valued at approximately $2,248,000.
Several other institutional investors and hedge funds also recently made changes to their positions in HONA. Heartland Advisors Inc. purchased a new stake in Honeywell Aerospace during the 2nd quarter valued at $116,000. Keebeck Wealth Management purchased a new position in shares of Honeywell Aerospace in the second quarter worth $254,000. Keating Financial Advisory Services Inc. bought a new position in shares of Honeywell Aerospace during the second quarter valued at $110,000. Encore Global Management LP bought a new position in shares of Honeywell Aerospace during the second quarter valued at $265,000. Finally, Patron Partners LLC purchased a new stake in shares of Honeywell Aerospace during the second quarter valued at $386,000.
Wall Street Analysts Forecast Growth
HONA has been the subject of several research analyst reports. Evercore set a $210.00 price objective on Honeywell Aerospace in a report on Thursday, August 6th. BMO Capital Markets lowered their target price on shares of Honeywell Aerospace from $276.00 to $209.00 and set an "outperform" rating on the stock in a research note on Monday, August 10th. Melius Research raised shares of Honeywell Aerospace to a "strong-buy" rating in a report on Monday, June 29th. Argus initiated coverage on shares of Honeywell Aerospace in a research note on Thursday, July 9th. They issued a "buy" rating and a $275.00 price target for the company. Finally, TD Cowen started coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They issued a "hold" rating and a $250.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $224.17.
Check Out Our Latest Stock Report on HONA
Honeywell Aerospace Trading Down 0.7%
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 twelve month low of $150.03 and a twelve month high of $297.50.
Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last announced its earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The business had revenue of $4.35 billion for the quarter. As a group, analysts expect that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.
Honeywell Aerospace Company 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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