Hardy Reed LLC Acquires Shares of 5,208 Honeywell Aerospace $HONA

Hardy Reed LLC bought a new position in shares of Honeywell Aerospace (NASDAQ:HONA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,208 shares of the company’s stock, valued at approximately $1,151,000.

Honeywell Aerospace Stock Performance

Shares of NASDAQ HONA opened at $166.36 on Friday. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50. The firm has a market cap of $52.73 billion and a PE ratio of 88.96.

Honeywell Aerospace (NASDAQ:HONA) last posted its quarterly 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 for the quarter. As a group, research analysts expect that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Morgan Stanley set a $205.00 price target on Honeywell Aerospace in a research report on Friday, August 7th. Zacks Research raised Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. Wolfe Research initiated coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating for the company. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a research report on Thursday, August 6th. Finally, Wells Fargo & Company set a $195.00 price target on shares of Honeywell Aerospace in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Honeywell Aerospace has a consensus rating of “Hold” and a consensus price target of $224.17.

About Honeywell Aerospace

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.