Callan Family Office LLC acquired 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 Securities & Exchange Commission. The firm acquired 10,089 shares of the company's stock, valued at approximately $2,259,000.
A number of other large investors have also bought and sold shares of HONA. Bell Investment Advisors Inc bought a new position in Honeywell Aerospace in the second quarter valued at about $29,000. Strategic Wealth Advisors LLC bought a new stake in Honeywell Aerospace in the 2nd quarter valued at approximately $29,000. Meeder Asset Management Inc. acquired a new position in shares of Honeywell Aerospace during the 2nd quarter worth about $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in Honeywell Aerospace during the second quarter worth $40,000. Finally, Gables Capital Management Inc. acquired a new position in Honeywell Aerospace during the second quarter worth approximately $47,000.
Analysts Set New Price Targets
Several analysts have weighed in on HONA shares. Evercore set a $210.00 price objective on shares of Honeywell Aerospace in a research note on Thursday, August 6th. Morgan Stanley raised Honeywell Aerospace from an "equal weight" rating to an "overweight" rating and set a $205.00 target price on the stock in a report on Wednesday. BNP Paribas Exane lowered their target price on Honeywell Aerospace from $245.00 to $210.00 and set a "neutral" rating for the company in a report on Thursday, August 6th. Royal Bank Of Canada cut their target price on Honeywell Aerospace from $300.00 to $250.00 and set an "outperform" rating on the stock in a report on Thursday, August 6th. Finally, Jefferies Financial Group set a $175.00 price objective on shares of Honeywell Aerospace in a report on Sunday, August 9th. 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 company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $224.17.
Get Our Latest Stock Analysis on Honeywell Aerospace
Honeywell Aerospace Trading Down 0.7%
Shares of NASDAQ:HONA opened at $164.73 on Friday. Honeywell Aerospace has a 1 year low of $150.03 and a 1 year high of $297.50. The stock has a market cap of $52.21 billion and a P/E ratio of 88.09.
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 for the quarter. The business had revenue of $4.35 billion for the quarter. On average, analysts expect that Honeywell Aerospace will post 7.75 earnings per share for the current fiscal year.
Honeywell Aerospace 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.
Further Reading
Want to see what other hedge funds are holding HONA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell Aerospace (NASDAQ:HONA - Free Report).
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