Jupiter Topco LLC Purchases Shares of 93,344 Honeywell Aerospace $HONA

Jupiter Topco LLC bought a new stake in Honeywell Aerospace (NASDAQ:HONA) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 93,344 shares of the company’s stock, valued at approximately $20,898,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Grandfield & Dodd LLC purchased a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at $759,000. SCS Capital Management LLC purchased a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at approximately $1,821,000. SFE Investment Counsel bought a new position in shares of Honeywell Aerospace in the second quarter worth $2,981,000. MidFirst Bank bought a new position in Honeywell Aerospace in the 2nd quarter worth about $5,608,000. Finally, Oppenheimer Asset Management Inc. bought a new position in shares of Honeywell Aerospace in the second quarter valued at approximately $8,809,000.

Analyst Ratings Changes

Several equities analysts recently commented on the company. BNP Paribas Exane reduced their target price on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Argus started coverage on shares of Honeywell Aerospace in a research report on Thursday, July 9th. They issued a “buy” rating and a $275.00 target price on the stock. TD Cowen began coverage on Honeywell Aerospace in a research report on Monday, June 29th. They issued a “hold” rating and a $250.00 price objective for the company. Wolfe Research began coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating on the stock. Finally, Zacks Research raised shares of Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $224.17.

Honeywell Aerospace Stock Up 1.0%

HONA opened at $162.37 on Friday. Honeywell Aerospace has a 52-week low of $150.03 and a 52-week high of $297.50. The company’s 50-day moving average is $195.14. The company has a market cap of $51.46 billion and a PE ratio of 86.83.

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