14,251 Shares in Honeywell Aerospace $HONA Acquired by Sigma Planning Corp

Sigma Planning Corp bought a new position in shares of Honeywell Aerospace (NASDAQ:HONA) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 14,251 shares of the company’s stock, valued at approximately $3,151,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Two Sigma Securities LLC bought a new position in Honeywell Aerospace during the 2nd quarter valued at $2,194,000. Benjamin Edwards Inc. bought a new stake in shares of Honeywell Aerospace in the 2nd quarter worth $4,430,000. GTS Securities LLC bought a new stake in shares of Honeywell Aerospace in the 2nd quarter worth $598,000. IMC Chicago LLC bought a new stake in shares of Honeywell Aerospace in the 2nd quarter worth $10,508,000. Finally, Flputnam Investment Management Co. acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at $4,613,000.

Analysts Set New Price Targets

HONA has been the subject of several research reports. Vertical Research started coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They set a “hold” rating and a $243.00 target price for the company. BNP Paribas Exane cut their price target on shares of Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. JPMorgan Chase & Co. initiated coverage on shares of Honeywell Aerospace in a research report on Friday, July 10th. They set a “neutral” rating and a $255.00 price objective for the company. Melius Research raised shares of Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. Finally, Argus initiated coverage on shares of Honeywell Aerospace in a report on Thursday, July 9th. They issued a “buy” rating and a $275.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Honeywell Aerospace presently has a consensus rating of “Hold” and a consensus target price of $224.17.

Honeywell Aerospace Price Performance

Shares of NASDAQ HONA opened at $162.37 on Monday. The firm has a market cap of $51.46 billion and a PE ratio of 86.83. The stock has a fifty day moving average of $195.14. Honeywell Aerospace has a 52-week low of $150.03 and a 52-week high of $297.50.

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

Honeywell Aerospace 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.