6,249 Shares in Honeywell Aerospace $HONA Bought by Moore Capital Management LP

Moore Capital Management LP acquired a new position in shares of Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,249 shares of the company’s stock, valued at approximately $1,382,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Sigma Planning Corp bought a new position in Honeywell Aerospace in the second quarter valued at approximately $2,879,000. Two Sigma Securities LLC bought a new position in shares of Honeywell Aerospace in the 2nd quarter valued at $2,194,000. Benjamin Edwards Inc. acquired a new position in shares of Honeywell Aerospace during the 2nd quarter worth $4,430,000. GTS Securities LLC bought a new stake in shares of Honeywell Aerospace during the 2nd quarter worth $598,000. Finally, IMC Chicago LLC acquired a new stake in Honeywell Aerospace in the second quarter valued at about $10,508,000.

Analyst Ratings Changes

Several brokerages have commented on HONA. Vertical Research initiated coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They set a “hold” rating and a $243.00 target price for the company. Wall Street Zen raised shares of Honeywell Aerospace to a “hold” rating in a research note on Sunday, July 12th. TD Cowen began coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They issued a “hold” rating and a $250.00 target price on the stock. Morgan Stanley upgraded shares of Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price target for the company in a report on Wednesday, August 19th. Finally, Zacks Research raised Honeywell Aerospace to a “hold” rating in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $224.17.

Honeywell Aerospace Price Performance

Shares of HONA stock opened at $158.11 on Tuesday. The firm has a 50 day moving average of $194.29. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50. The company has a market capitalization of $50.11 billion and a PE ratio of 84.55.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The firm had revenue of $4.35 billion for the quarter. Sell-side analysts predict that Honeywell Aerospace will post 7.75 earnings per share for the current year.

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.