Capital Advisors Inc. OK Purchases New Shares in Honeywell Aerospace $HONA

Capital Advisors Inc. OK purchased a new position in Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 203,149 shares of the company’s stock, valued at approximately $44,912,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of HONA. Meeder Asset Management Inc. purchased a new stake in Honeywell Aerospace during the second quarter valued at about $29,000. Bell Investment Advisors Inc acquired a new position in shares of Honeywell Aerospace in the second quarter worth about $29,000. Strategic Wealth Advisors LLC purchased a new position in shares of Honeywell Aerospace in the second quarter worth approximately $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Honeywell Aerospace in the second quarter worth approximately $40,000. Finally, Gables Capital Management Inc. acquired a new stake in shares of Honeywell Aerospace during the second quarter valued at approximately $47,000.

Analyst Ratings Changes

Several equities research analysts recently commented on HONA shares. Wall Street Zen upgraded shares of Honeywell Aerospace to a “hold” rating in a research report on Sunday, July 12th. Melius Research raised shares of Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. Royal Bank Of Canada lowered their price objective on shares of Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. BMO Capital Markets cut their target price on shares of Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. Finally, Vertical Research started coverage on Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Honeywell Aerospace currently has a consensus rating of “Hold” and an average price target of $224.17.

Honeywell Aerospace Trading Up 1.0%

NASDAQ:HONA opened at $162.37 on Friday. Honeywell Aerospace has a fifty-two week low of $150.03 and a fifty-two week high of $297.50. The firm’s 50-day simple moving average is $195.14. The stock has a market cap of $51.46 billion and a PE ratio of 86.83.

Honeywell Aerospace (NASDAQ:HONA) last issued its 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 during the quarter. Sell-side analysts forecast that Honeywell Aerospace will post 7.75 EPS for the current year.

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.