EP Wealth Advisors LLC Acquires New Position in Honeywell Aerospace $HONA

EP Wealth Advisors LLC bought a new position in Honeywell Aerospace (NASDAQ:HONA) in the second quarter, Holdings Channel reports. The firm bought 174,245 shares of the company’s stock, valued at approximately $39,013,000.

Several other large investors also recently bought and sold shares of HONA. Ieq Capital LLC acquired a new position in Honeywell Aerospace during the 2nd quarter valued at approximately $7,555,000. Callan Family Office LLC purchased a new stake in shares of Honeywell Aerospace during the second quarter valued at $2,248,000. Heartland Advisors Inc. purchased a new stake in shares of Honeywell Aerospace during the second quarter valued at $116,000. Keebeck Wealth Management purchased a new stake in shares of Honeywell Aerospace during the second quarter valued at $254,000. Finally, Keating Financial Advisory Services Inc. acquired a new position in shares of Honeywell Aerospace in the 2nd quarter valued at $110,000.

Honeywell Aerospace Price Performance

Shares of Honeywell Aerospace stock opened at $164.73 on Friday. Honeywell Aerospace has a 1 year low of $150.03 and a 1 year high of $297.50. The firm has a market cap of $52.21 billion and a P/E ratio of 88.09.

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

Analyst Ratings Changes

A number of brokerages recently issued reports on HONA. Argus began coverage on Honeywell Aerospace in a research note on Thursday, July 9th. They issued a “buy” rating and a $275.00 target price for the company. Vertical Research started coverage on Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price objective on the stock. Jefferies Financial Group set a $175.00 price objective on Honeywell Aerospace in a research note on Sunday, August 9th. Melius Research raised Honeywell Aerospace to a “strong-buy” rating in a report on Monday, June 29th. Finally, 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 on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have assigned 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 target price 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.