20,864 Shares in Honeywell Aerospace $HONA Bought by Flputnam Investment Management Co.

Flputnam Investment Management Co. acquired a new position in Honeywell Aerospace (NASDAQ:HONA) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 20,864 shares of the company’s stock, valued at approximately $4,613,000.

Several other institutional investors have also recently made changes to their positions in HONA. SFE Investment Counsel bought a new stake in shares of Honeywell Aerospace during the second quarter valued at approximately $2,981,000. Oppenheimer Asset Management Inc. bought a new position in shares of Honeywell Aerospace during the 2nd quarter valued at about $8,809,000. BIP Wealth LLC bought a new position in shares of Honeywell Aerospace during the 2nd quarter valued at about $713,000. CORDA Investment Management LLC. purchased a new position in shares of Honeywell Aerospace during the second quarter valued at about $11,607,000. Finally, Focus Partners Advisor Solutions LLC purchased a new position in shares of Honeywell Aerospace during the second quarter valued at about $1,572,000.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. BNP Paribas Exane reduced their price objective on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. BMO Capital Markets cut their target price on shares of Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating for the company in a report on Monday, August 10th. Evercore set a $210.00 price target on shares of Honeywell Aerospace in a research report on Thursday, August 6th. Melius Research raised shares of Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. Finally, Zacks Research upgraded shares of Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. One equities 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $224.17.

Honeywell Aerospace Stock Performance

HONA stock opened at $166.36 on Monday. The stock has a market capitalization of $52.73 billion and a P/E ratio of 88.96. Honeywell Aerospace has a 12 month low of $150.03 and a 12 month high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last issued 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. On average, equities research analysts expect that Honeywell Aerospace will post 7.75 EPS for the current fiscal 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.