Everett Harris & Co. CA Acquires New Position in Honeywell Aerospace $HONA

Everett Harris & Co. CA acquired a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 3,162 shares of the company’s stock, valued at approximately $699,000.

A number of other hedge funds also recently bought and sold shares of the business. Hardy Reed LLC purchased a new position in Honeywell Aerospace in the 2nd quarter worth approximately $1,151,000. Plan Group Financial LLC acquired a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $270,000. Mill Capital Management LLC purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $419,000. Bryn Mawr Trust Advisors LLC purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $1,301,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $8,809,000.

Honeywell Aerospace Price Performance

Honeywell Aerospace stock opened at $166.36 on Friday. The company has a market capitalization of $52.73 billion and a PE ratio of 88.96. Honeywell Aerospace has a 1-year low of $150.03 and a 1-year high of $297.50.

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on HONA. Argus began coverage on Honeywell Aerospace in a research report on Thursday, July 9th. They set a “buy” rating and a $275.00 price objective on the stock. Evercore set a $210.00 target price on Honeywell Aerospace in a report on Thursday, August 6th. JPMorgan Chase & Co. initiated coverage on Honeywell Aerospace in a research note on Friday, July 10th. They issued a “neutral” rating and a $255.00 target price for the company. Wells Fargo & Company set a $195.00 price target on Honeywell Aerospace in a report on Monday. Finally, Wall Street Zen raised shares of Honeywell Aerospace to a “hold” rating in a research report on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average 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.