64,973 Shares in Honeywell Aerospace $HONA Purchased by Kimelman & Baird LLC

Kimelman & Baird LLC bought a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 64,973 shares of the company’s stock, valued at approximately $14,547,000.

Other institutional investors have also recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. bought a new stake in shares of Honeywell Aerospace in the second quarter worth approximately $1,656,000. Twin Lakes Capital Management LLC bought a new position in Honeywell Aerospace during the second quarter valued at approximately $339,000. Rakuten Investment Management Inc. purchased a new stake in Honeywell Aerospace in the second quarter worth approximately $16,821,000. RB Capital Management LLC bought a new stake in Honeywell Aerospace in the 2nd quarter worth approximately $306,000. Finally, Orion Capital Management LLC bought a new stake in Honeywell Aerospace in the 2nd quarter worth approximately $118,000.

Honeywell Aerospace Stock Up 1.0%

NASDAQ HONA opened at $162.37 on Friday. The stock has a market capitalization of $51.46 billion and a P/E ratio of 86.83. The firm’s fifty day moving average is $195.14. Honeywell Aerospace has a fifty-two week low of $150.03 and a fifty-two week high of $297.50.

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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on HONA shares. Evercore set a $210.00 price target on Honeywell Aerospace in a report on Thursday, August 6th. BNP Paribas Exane reduced their price target on shares of Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. TD Cowen initiated coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating and a $250.00 price objective on the stock. Argus assumed coverage on shares of Honeywell Aerospace in a report on Thursday, July 9th. They issued a “buy” rating and a $275.00 price objective on the stock. Finally, JPMorgan Chase & Co. assumed coverage on shares of Honeywell Aerospace in a research report on Friday, July 10th. They set a “neutral” rating and a $255.00 target price for the company. 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. According to MarketBeat.com, Honeywell Aerospace presently has a consensus rating of “Hold” and an average target price of $224.17.

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.