First National Bank of Omaha Invests $3.94 Million in Honeywell Aerospace $HONA

First National Bank of Omaha bought a new stake in Honeywell Aerospace (NASDAQ:HONA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 17,653 shares of the company’s stock, valued at approximately $3,935,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Meeder Asset Management Inc. purchased a new position in Honeywell Aerospace in the second quarter worth approximately $29,000. Bell Investment Advisors Inc purchased a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at $40,000. Trifecta Capital Advisors LLC acquired a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at $67,000. Finally, Kelleher Financial Advisors purchased a new stake in shares of Honeywell Aerospace during the 2nd quarter worth $78,000.

Analysts Set New Price Targets

Several research firms recently weighed in on HONA. BMO Capital Markets decreased their target price 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. Morgan Stanley set a $205.00 price target on Honeywell Aerospace in a report on Friday, August 7th. Royal Bank Of Canada lowered their price objective on shares of Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. TD Cowen started coverage on Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating and a $250.00 target price on the stock. Finally, UBS Group cut their price target on shares of Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $224.17.

Honeywell Aerospace Trading Down 0.5%

Shares of NASDAQ HONA opened at $160.76 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 cap of $50.95 billion and a P/E ratio of 85.97.

Honeywell Aerospace (NASDAQ:HONA) last issued its 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. Sell-side analysts anticipate that Honeywell Aerospace will post 7.75 earnings per share for the current 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.