9,174 Shares in Honeywell Aerospace $HONA Bought by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC acquired a new position in shares of Honeywell Aerospace (NASDAQ:HONA) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 9,174 shares of the company’s stock, valued at approximately $2,028,000.

A number of other hedge funds have also bought and sold shares of HONA. Johnson Financial Group Inc. purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at $1,449,000. Tocqueville Asset Management L.P. purchased a new position in shares of Honeywell Aerospace during the 2nd quarter worth about $20,930,000. Addison Advisors LLC purchased a new position in shares of Honeywell Aerospace during the 2nd quarter worth about $89,000. Mmbg Investment Advisors CO. bought a new position in Honeywell Aerospace during the 2nd quarter valued at about $373,000. Finally, West Family Investments Inc. bought a new position in Honeywell Aerospace during the 2nd quarter valued at about $304,000.

Analyst Ratings Changes

HONA has been the subject of several analyst reports. 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 for the company. BMO Capital Markets cut their target price on Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. Wells Fargo & Company set a $195.00 price target on Honeywell Aerospace in a report on Monday, August 10th. Evercore set a $210.00 price target on Honeywell Aerospace in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. assumed coverage on Honeywell Aerospace in a report on Friday, July 10th. They set a “neutral” rating and a $255.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Honeywell Aerospace currently has a consensus rating of “Hold” and a consensus target price of $224.17.

Honeywell Aerospace Stock Up 6.2%

NASDAQ:HONA opened at $170.76 on Thursday. Honeywell Aerospace has a 1-year low of $150.03 and a 1-year high of $297.50. The stock has a market capitalization of $54.12 billion and a P/E ratio of 91.31.

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

Honeywell Aerospace Company 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.