Capital Analysts LLC Makes New Investment in Honeywell Aerospace $HONA

Capital Analysts LLC acquired a new stake in Honeywell Aerospace (NASDAQ:HONA) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 7,626 shares of the company’s stock, valued at approximately $1,686,000.

Several other large investors have also modified their holdings of HONA. Hardy Reed LLC purchased a new position in shares of Honeywell Aerospace during the second quarter worth approximately $1,151,000. Plan Group Financial LLC acquired a new stake in Honeywell Aerospace during the 2nd quarter worth $270,000. Mill Capital Management LLC acquired a new stake in Honeywell Aerospace during the 2nd quarter worth $419,000. Bryn Mawr Trust Advisors LLC purchased a new position in Honeywell Aerospace during the 2nd quarter worth $1,301,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in Honeywell Aerospace during the 2nd quarter worth $8,809,000.

Honeywell Aerospace Trading Up 1.4%

Shares of NASDAQ:HONA opened at $153.75 on Friday. The stock has a market capitalization of $48.73 billion and a P/E ratio of 82.22. The company has a 50-day moving average price of $186.38. Honeywell Aerospace has a fifty-two week low of $149.19 and a fifty-two week high of $297.50.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Vertical Research started coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 target price for the company. Argus started coverage on Honeywell Aerospace in a report on Thursday, July 9th. They set a “buy” rating and a $275.00 price target on the stock. Wall Street Zen upgraded Honeywell Aerospace to a “hold” rating in a research report on Sunday, July 12th. Wolfe Research began coverage on Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating for the company. Finally, Wells Fargo & Company set a $195.00 price objective on Honeywell Aerospace in a research report on Monday, August 10th. One investment 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $224.17.

Honeywell Aerospace Company Profile

Honeywell Aerospace is an aerospace technology company that develops and supplies systems, components and services for commercial aviation, business and general aviation, defense and space markets. Its portfolio includes aircraft engines, auxiliary power units, avionics, flight controls, navigation and communication systems, thermal management equipment, wheels and brakes, and other propulsion and safety technologies.

The company serves aircraft manufacturers, airlines, business aviation operators, military customers and aftermarket service providers around the world.