Haverford Financial Services Inc. Purchases New Position in Honeywell Aerospace $HONA

Haverford Financial Services Inc. purchased a new stake in Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 30,981 shares of the company’s stock, valued at approximately $6,849,000. Honeywell Aerospace accounts for 2.0% of Haverford Financial Services Inc.’s portfolio, making the stock its 20th largest holding.

Several other hedge funds have also recently bought and sold shares of HONA. Meeder Asset Management Inc. bought a new position in shares of Honeywell Aerospace during the second quarter valued at $29,000. Bell Investment Advisors Inc bought a new stake in shares of Honeywell Aerospace in the 2nd quarter worth about $29,000. Strategic Wealth Advisors LLC bought a new stake in shares of Honeywell Aerospace in the 2nd quarter worth about $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Honeywell Aerospace during the 2nd quarter worth about $41,000. Finally, Gables Capital Management Inc. acquired a new stake in shares of Honeywell Aerospace during the 2nd quarter worth about $47,000.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on HONA shares. TD Cowen started coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating and a $250.00 price target for the company. Wall Street Zen raised shares of Honeywell Aerospace to a “hold” rating in a research note on Sunday, July 12th. BNP Paribas Exane dropped their price objective 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. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a research note on Thursday, August 6th. Finally, Wells Fargo & Company set a $195.00 target price on Honeywell Aerospace in a report on Monday, August 10th. 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 company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $224.17.

Honeywell Aerospace Price Performance

HONA stock opened at $164.73 on Monday. Honeywell Aerospace has a fifty-two week low of $150.03 and a fifty-two week high of $297.50. The company has a market capitalization of $52.21 billion and a P/E ratio of 88.09.

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

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.