25,367 Shares in Honeywell Aerospace $HONA Purchased by MidFirst Bank

MidFirst Bank purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 25,367 shares of the company’s stock, valued at approximately $5,608,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bell Investment Advisors Inc purchased a new stake in Honeywell Aerospace in the 2nd quarter worth approximately $29,000. Trifecta Capital Advisors LLC purchased a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $67,000. Kelleher Financial Advisors purchased a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $78,000. J.Safra Asset Management Corp bought a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $124,000. Finally, Dunhill Financial LLC bought a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $144,000.

Wall Street Analyst Weigh In

A number of analysts recently commented on HONA shares. BMO Capital Markets dropped their price target on Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating for the company in a research note on Monday, August 10th. Evercore set a $210.00 price objective on shares of Honeywell Aerospace in a research report on Thursday, August 6th. BNP Paribas Exane decreased their price objective on shares of Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Wolfe Research began coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They issued a “hold” rating for the company. Finally, JPMorgan Chase & Co. began coverage on shares of Honeywell Aerospace in a research note on Friday, July 10th. They set a “neutral” rating and a $255.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Honeywell Aerospace has a consensus rating of “Hold” and an average price target of $224.17.

Honeywell Aerospace Price Performance

HONA opened at $161.56 on Tuesday. The company has a market capitalization of $51.21 billion and a PE ratio of 86.40. Honeywell Aerospace has a 52 week low of $150.03 and a 52 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 earnings per share for the quarter. The firm had revenue of $4.35 billion during the quarter. As a group, research analysts expect that Honeywell Aerospace will post 7.75 earnings per share for the current fiscal year.

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.