16,045 Shares in Honeywell Aerospace $HONA Bought by Brasada Capital Management LP

Brasada Capital Management LP 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 and Exchange Commission (SEC). The fund acquired 16,045 shares of the company’s stock, valued at approximately $3,547,000.

Several other institutional investors have also recently added to or reduced their stakes in HONA. Bell Investment Advisors Inc bought a new position in shares of Honeywell Aerospace in the 2nd quarter worth about $29,000. Meeder Asset Management Inc. acquired a new position in shares of Honeywell Aerospace in the 2nd quarter valued at about $29,000. Strategic Wealth Advisors LLC bought a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at about $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at about $40,000. Finally, Gables Capital Management Inc. acquired a new stake in Honeywell Aerospace during the second quarter worth about $47,000.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Wolfe Research began coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating on the stock. Jefferies Financial Group set a $175.00 target price on Honeywell Aerospace in a report on Sunday, August 9th. Wall Street Zen raised Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. BMO Capital Markets dropped their price target on Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating on the stock in a research report on Monday, August 10th. Finally, Argus started coverage on Honeywell Aerospace in a report on Thursday, July 9th. They issued a “buy” rating and a $275.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $224.17.

Honeywell Aerospace Stock Down 2.0%

Honeywell Aerospace stock opened at $160.75 on Friday. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50. The business’s 50-day moving average price is $195.92. The company has a market capitalization of $50.95 billion and a price-to-earnings ratio of 85.96.

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 firm had revenue of $4.35 billion during the quarter. As a group, research analysts expect that Honeywell Aerospace will post 7.75 earnings per share 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.