5,912 Shares in Honeywell Aerospace $HONA Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC acquired a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 5,912 shares of the company’s stock, valued at approximately $1,307,000.

Other hedge funds also recently bought and sold shares of the company. Fielder Capital Group LLC purchased a new position in Honeywell Aerospace in the 2nd quarter worth approximately $297,000. SCS Capital Management LLC purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $1,717,000. CORDA Investment Management LLC. purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $11,607,000. Silverlake Wealth Management LLC acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $252,000. Finally, Bank of New York Mellon Corp purchased a new position in Honeywell Aerospace during the second quarter worth approximately $644,412,000.

Honeywell Aerospace Trading Down 2.9%

NASDAQ:HONA opened at $161.56 on Tuesday. Honeywell Aerospace has a 52 week low of $150.03 and a 52 week high of $297.50. The firm has a market capitalization of $51.21 billion and a price-to-earnings ratio of 86.40.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share for the quarter. The business had revenue of $4.35 billion for the quarter. On average, research analysts predict that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.

Analysts Set New Price Targets

HONA has been the topic of a number of recent research reports. TD Cowen initiated coverage on Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating and a $250.00 price objective on the stock. Wells Fargo & Company set a $195.00 target price on Honeywell Aerospace in a research note on Monday, August 10th. Wolfe Research started coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating on the stock. Zacks Research raised shares of Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $224.17.

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.