Jefferies Financial Group Inc. purchased a new position in Honeywell Aerospace (NASDAQ:HONA – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 32,826 shares of the company’s stock, valued at approximately $7,257,000.
Several other large investors also recently bought and sold shares of HONA. Hardy Reed LLC purchased a new stake in shares of Honeywell Aerospace during the second quarter valued at approximately $1,151,000. Plan Group Financial LLC purchased a new position in shares of Honeywell Aerospace in the second quarter valued at $270,000. Mill Capital Management LLC purchased a new position in shares of Honeywell Aerospace in the second quarter valued at $419,000. Bryn Mawr Trust Advisors LLC purchased a new position in shares of Honeywell Aerospace in the second quarter valued at $1,301,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in Honeywell Aerospace during the 2nd quarter valued at $8,809,000.
Honeywell Aerospace Trading Down 2.0%
Shares of NASDAQ:HONA opened at $160.75 on Friday. The stock has a fifty day moving average of $195.92. The company has a market capitalization of $50.95 billion and a price-to-earnings ratio of 85.96. Honeywell Aerospace has a 12-month low of $150.03 and a 12-month high of $297.50.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on the stock. Evercore set a $210.00 price target on shares of Honeywell Aerospace in a research note on Thursday, August 6th. Wall Street Zen upgraded Honeywell Aerospace to a “hold” rating in a research note on Sunday, July 12th. Zacks Research raised Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. TD Cowen assumed coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating and a $250.00 price target on the stock. Finally, UBS Group reduced their price target on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $224.17.
Read Our Latest Research Report on HONA
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.
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