Camarda Financial Advisors LLC Buys Shares of 9,117 Honeywell Aerospace $HONA

Camarda Financial Advisors LLC purchased a new position in Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,117 shares of the company’s stock, valued at approximately $2,016,000.

Other hedge funds also recently bought and sold shares of the company. Bell Investment Advisors Inc purchased a new stake in shares of Honeywell Aerospace in the second quarter worth $29,000. Meeder Asset Management Inc. bought a new position in Honeywell Aerospace in the 2nd quarter worth about $29,000. Strategic Wealth Advisors LLC bought a new position in Honeywell Aerospace in the 2nd quarter worth about $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at about $40,000. Finally, Gables Capital Management Inc. purchased a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at about $47,000.

Wall Street Analyst Weigh In

HONA has been the subject of several recent analyst reports. BMO Capital Markets cut their price objective on Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating for the company in a report on Monday, August 10th. Wells Fargo & Company set a $195.00 target price on shares of Honeywell Aerospace in a research note on Monday, August 10th. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a research report on Thursday, August 6th. Morgan Stanley raised shares of Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price target for the company in a research note on Wednesday, August 19th. Finally, Zacks Research raised shares of Honeywell Aerospace to a “hold” rating in a report on Wednesday, July 1st. One equities research 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 MarketBeat.com, Honeywell Aerospace has a consensus rating of “Hold” and an average target price of $224.17.

Honeywell Aerospace Price Performance

Shares of Honeywell Aerospace stock opened at $160.75 on Friday. The company has a market cap of $50.95 billion and a price-to-earnings ratio of 85.96. Honeywell Aerospace has a 12 month low of $150.03 and a 12 month high of $297.50. The firm’s 50-day moving average price is $195.92.

Honeywell Aerospace (NASDAQ:HONA) last released its earnings results 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. On average, analysts expect that Honeywell Aerospace will post 7.75 EPS 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.