683,041 Shares in Honeywell Aerospace $HONA Acquired by Deutsche Bank AG

Deutsche Bank AG acquired a new position in shares of Honeywell Aerospace (NASDAQ:HONA) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 683,041 shares of the company’s stock, valued at approximately $152,933,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp purchased a new stake in shares of Honeywell Aerospace in the 2nd quarter worth $644,412,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Honeywell Aerospace during the second quarter valued at $205,658,000. Trust Co. of Vermont purchased a new position in shares of Honeywell Aerospace during the second quarter valued at $20,428,000. CORDA Investment Management LLC. purchased a new position in shares of Honeywell Aerospace during the second quarter valued at $11,607,000. Finally, IMC Chicago LLC bought a new stake in shares of Honeywell Aerospace in the second quarter valued at about $10,508,000.

Honeywell Aerospace Trading Up 6.2%

Shares of NASDAQ:HONA opened at $170.76 on Thursday. The firm has a market capitalization of $54.12 billion and a PE ratio of 91.31. 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 quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share for the quarter. The company had revenue of $4.35 billion for the quarter. On average, equities research analysts forecast that Honeywell Aerospace will post 7.75 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on HONA. BNP Paribas Exane lowered their price objective on shares of Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a research report on Thursday, August 6th. UBS Group reduced 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. TD Cowen began coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They issued a “hold” rating and a $250.00 price target for the company. Finally, Wells Fargo & Company set a $195.00 price objective on shares of Honeywell Aerospace in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus 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.