B. Metzler seel. Sohn & Co. AG Makes New $8.14 Million Investment in Honeywell Aerospace $HONA

Key Points

• B. Metzler seel. Sohn & Co. AG opened an $8.14 million position in Honeywell Aerospace during the second quarter, buying 36,338 shares. Several other major institutions, including BlackRock and Bank of New York Mellon, also initiated sizable stakes.
• Honeywell Aerospace shares were trading at $165.89, down 2.6%, 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: the consensus rating is “Hold” with an average price target of $224.17, despite Morgan Stanley upgrading the stock to Overweight and assigning a $205 target. Recent target cuts, broader market pressures, and a shareholder investigation add uncertainty.

B. Metzler seel. Sohn & Co. AG bought a new position in Honeywell Aerospace (NASDAQ:HONA - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 36,338 shares of the company's stock, valued at approximately $8,136,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in Honeywell Aerospace during the 2nd quarter worth $5,253,341,000. Bank of New York Mellon Corp acquired a new position in shares of Honeywell Aerospace during the second quarter valued at $644,412,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Honeywell Aerospace in the second quarter valued at about $205,658,000. Deutsche Bank AG acquired a new stake in Honeywell Aerospace in the second quarter worth about $152,933,000. Finally, Madison Asset Management LLC bought a new stake in Honeywell Aerospace during the 2nd quarter worth about $49,743,000.

Honeywell Aerospace Trading Down 2.6%

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 PE ratio of 88.71.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last issued its quarterly earnings data 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 during the quarter. Research analysts anticipate that Honeywell Aerospace will post 7.75 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on the stock. Royal Bank Of Canada dropped their target price on shares of Honeywell Aerospace from $300.00 to $250.00 and set an "outperform" rating for the company in a research report on Thursday, August 6th. Wells Fargo & Company set a $195.00 price objective on Honeywell Aerospace in a report on Monday, August 10th. Evercore set a $210.00 target price on Honeywell Aerospace in a report on Thursday, August 6th. BNP Paribas Exane cut 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 report on Thursday, August 6th. Finally, UBS Group decreased their price objective on shares of Honeywell Aerospace from $231.00 to $213.00 and set a "neutral" rating for the company in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat, Honeywell Aerospace presently has a consensus rating of "Hold" and an average price target of $224.17.

Key Honeywell Aerospace News

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

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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