35,700 Shares in Honeywell Aerospace $HONA Purchased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG purchased 35,700 Honeywell Aerospace shares in the second quarter, valued at approximately $7.9 million. Several other institutional investors also initiated positions during the quarter.
• Honeywell Aerospace shares opened at $165.89, with a market capitalization of $52.58 billion and a price-to-earnings ratio of 88.71. The company reported $4.35 billion in quarterly revenue, while analysts expect full-year EPS of $7.75.
• Analyst sentiment remains mixed: Morgan Stanley upgraded the stock to Overweight with a $205 target, but the broader analyst consensus is Hold, with an average price target of $224.17. Investors also face macroeconomic pressures and a newly announced shareholder investigation.

B. Metzler seel. Sohn & Co. AG purchased a new stake in Honeywell Aerospace (NASDAQ:HONA - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 35,700 shares of the company's stock, valued at approximately $7,892,000.

Other large investors also recently made changes to their positions in the company. TrinityBridge Ltd acquired a new position in shares of Honeywell Aerospace in the 2nd quarter worth approximately $5,949,000. Silvant Capital Management LLC bought a new stake in shares of Honeywell Aerospace in the 2nd quarter worth approximately $12,607,000. Mystic Asset Management Inc. acquired a new stake in Honeywell Aerospace during the second quarter valued at approximately $1,181,000. Advisors Preferred LLC acquired a new stake in Honeywell Aerospace during the second quarter valued at approximately $1,112,000. Finally, Oxford Financial Group LTD. LLC bought a new stake in Honeywell Aerospace during the second quarter worth approximately $255,000.

Honeywell Aerospace Price Performance

Shares of NASDAQ HONA opened at $165.89 on Friday. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50. The stock has a market cap of $52.58 billion and a price-to-earnings ratio of 88.71.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last posted its quarterly 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. Equities analysts expect that Honeywell Aerospace will post 7.75 EPS for the current year.

Trending Headlines about Honeywell Aerospace

Here are the key news stories impacting Honeywell Aerospace this week:

• Positive Sentiment: Morgan Stanley upgraded Honeywell Aerospace to Overweight from Equal-weight and maintained a $205 price target. Analyst Kristine Liwag argued that the recent selloff created an attractive entry point, implying substantial upside from current levels. Honeywell Aerospace Stock Upgraded to Overweight Following Sell-Off
• Positive Sentiment: Multiple reports highlighted Morgan Stanley’s view that Honeywell Aerospace had become “too cheap to ignore.” The upgrade helped drive a sharp rebound in the stock during the prior session and may support investor confidence in the company’s long-term earnings outlook. Honeywell Aerospace is now too cheap to ignore, says Morgan Stanley
• Neutral Sentiment: Analyst coverage remains mixed, suggesting that Morgan Stanley’s bullish stance is not universally shared. Investors are likely balancing the $205 price target against valuation concerns, recent volatility, and uncertainty in the broader market. Honeywell Aerospace Sees Mixed Analyst Views
• Neutral Sentiment: Broader market conditions were also unfavorable, with rising yields and geopolitical concerns weighing on equities. Those macroeconomic pressures could limit the immediate benefit of the Morgan Stanley upgrade. Top Wall Street Analyst Research Calls
• Negative Sentiment: Law firm Bragar Eagel & Squire announced an investigation into Honeywell Aerospace on behalf of shareholders who suffered losses. Although the announcement does not establish wrongdoing, litigation-related headlines can increase uncertainty and weigh on the stock. Honeywell Aerospace Stockholder Alert

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Honeywell Aerospace to a "hold" rating in a research report on Sunday, July 12th. Argus initiated coverage on Honeywell Aerospace in a research report on Thursday, July 9th. They set a "buy" rating and a $275.00 price objective for the company. Jefferies Financial Group set a $175.00 price objective on Honeywell Aerospace in a research note on Sunday, August 9th. Wells Fargo & Company set a $195.00 target price on Honeywell Aerospace in a report on Monday, August 10th. Finally, Evercore set a $210.00 target price on Honeywell Aerospace in a research report on Thursday, August 6th. One equities research 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 MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $224.17.

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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