16,236 Shares in Honeywell Aerospace $HONA Bought by First Nebraska Trust Co

First Nebraska Trust Co purchased a new position in shares of Honeywell Aerospace (NASDAQ:HONA) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 16,236 shares of the company’s stock, valued at approximately $3,635,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of Nova Scotia acquired a new position in shares of Honeywell Aerospace in the 2nd quarter valued at $28,120,000. Kirtland Hills Capital Management LLC bought a new position in shares of Honeywell Aerospace during the 2nd quarter worth about $636,000. Hudson Portfolio Management LLC acquired a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at about $439,000. Compass Financial Management LLC acquired a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at about $216,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at about $2,951,000.

Analyst Ratings Changes

Several research analysts recently issued reports on HONA shares. Wells Fargo & Company set a $195.00 price target on shares of Honeywell Aerospace in a research report on Monday, August 10th. BMO Capital Markets decreased their price objective on Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating on the stock in a report on Monday, August 10th. Vertical Research assumed coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price objective on the stock. JPMorgan Chase & Co. started coverage on Honeywell Aerospace in a report on Friday, July 10th. They issued a “neutral” rating and a $255.00 target price for the company. Finally, Royal Bank Of Canada cut their target price on Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Honeywell Aerospace has an average rating of “Hold” and an average target price of $224.17.

Honeywell Aerospace Stock Performance

HONA opened at $164.73 on Friday. The stock has a market capitalization of $52.21 billion and a PE ratio of 88.09. Honeywell Aerospace has a twelve month low of $150.03 and a twelve month high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The firm had revenue of $4.35 billion during the quarter. Analysts expect that Honeywell Aerospace will post 7.75 earnings per share 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.