4,480 Shares in Honeywell Aerospace $HONA Acquired by Round Rock Advisors LLC

Round Rock Advisors LLC bought a new stake in Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,480 shares of the company’s stock, valued at approximately $990,000.

Other hedge funds have also bought and sold shares of the company. Meeder Asset Management Inc. purchased a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at $29,000. Bell Investment Advisors Inc purchased a new position in Honeywell Aerospace in the second quarter worth $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in Honeywell Aerospace in the second quarter valued at $40,000. Triumph Capital Management bought a new position in Honeywell Aerospace in the second quarter valued at $43,000. Finally, Gables Capital Management Inc. bought a new position in Honeywell Aerospace in the second quarter valued at $47,000.

Honeywell Aerospace Price Performance

Honeywell Aerospace stock opened at $152.55 on Thursday. The stock has a fifty day simple moving average of $192.52. Honeywell Aerospace has a twelve month low of $150.03 and a twelve month high of $297.50. The company has a market capitalization of $48.35 billion and a P/E ratio of 81.58.

Honeywell Aerospace (NASDAQ:HONA) last announced its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The company had revenue of $4.35 billion for the quarter. As a group, analysts predict that Honeywell Aerospace will post 7.75 earnings per share for the current year.

Analysts Set New Price Targets

HONA has been the subject of several research analyst reports. Wells Fargo & Company set a $195.00 price target on Honeywell Aerospace in a research note on Monday, August 10th. Zacks Research upgraded Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. BNP Paribas Exane decreased their price objective on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. TD Cowen initiated coverage on Honeywell Aerospace in a research report on Monday, June 29th. They issued a “hold” rating and a $250.00 target price for the company. Finally, JPMorgan Chase & Co. initiated coverage on Honeywell Aerospace in a research note on Friday, July 10th. They issued a “neutral” rating and a $255.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $224.17.

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.