5,580 Shares in Honeywell Aerospace $HONA Acquired by Kintayl Capital LP

Kintayl Capital LP bought a new stake in Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,580 shares of the company’s stock, valued at approximately $1,234,000.

A number of other large investors have also recently bought and sold shares of HONA. Grandfield & Dodd LLC purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at $759,000. SCS Capital Management LLC purchased a new stake in Honeywell Aerospace during the 2nd quarter worth about $1,821,000. SFE Investment Counsel purchased a new stake in Honeywell Aerospace during the 2nd quarter worth about $2,981,000. MidFirst Bank acquired a new position in Honeywell Aerospace in the 2nd quarter valued at about $5,608,000. Finally, IMC Chicago LLC acquired a new position in Honeywell Aerospace in the 2nd quarter valued at about $10,508,000.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. TD Cowen initiated coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating and a $250.00 target price on the stock. BMO Capital Markets reduced their price objective on shares of Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. Morgan Stanley upgraded shares of Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 target price on the stock in a research report on Wednesday, August 19th. BNP Paribas Exane lowered their target price on shares of Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Finally, Argus initiated coverage on shares of Honeywell Aerospace in a research note on Thursday, July 9th. They issued a “buy” rating and a $275.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $224.17.

Honeywell Aerospace Stock Down 0.5%

Honeywell Aerospace stock opened at $160.36 on Wednesday. Honeywell Aerospace has a 1 year low of $150.03 and a 1 year high of $297.50. The company has a market capitalization of $50.83 billion and a P/E ratio of 85.75.

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