Van Hulzen Asset Management LLC Purchases Shares of 9,513 Honeywell Aerospace $HONA

Van Hulzen Asset Management LLC purchased a new stake in Honeywell Aerospace (NASDAQ:HONA) during the 2nd quarter, Holdings Channel reports. The firm purchased 9,513 shares of the company’s stock, valued at approximately $2,103,000.

A number of other hedge funds have also modified their holdings of the business. Hardy Reed LLC acquired a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $1,151,000. Plan Group Financial LLC acquired a new stake in Honeywell Aerospace during the 2nd quarter valued at $270,000. Mill Capital Management LLC acquired a new stake in Honeywell Aerospace during the 2nd quarter valued at $419,000. Bryn Mawr Trust Advisors LLC purchased a new position in Honeywell Aerospace during the second quarter worth $1,301,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in Honeywell Aerospace during the second quarter worth $8,809,000.

Honeywell Aerospace Stock Performance

Shares of Honeywell Aerospace stock opened at $161.20 on Tuesday. Honeywell Aerospace has a fifty-two week low of $150.03 and a fifty-two week high of $297.50. The firm has a market cap of $51.09 billion and a price-to-earnings ratio of 86.20.

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

Wall Street Analyst Weigh In

Several analysts have recently issued reports on HONA shares. JPMorgan Chase & Co. initiated coverage on Honeywell Aerospace in a research report on Friday, July 10th. They issued a “neutral” rating and a $255.00 price objective on the stock. BNP Paribas Exane dropped their price objective on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Zacks Research raised shares of Honeywell Aerospace to a “hold” rating in a research note on Wednesday, July 1st. Morgan Stanley upgraded shares of Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 target price on the stock in a report on Wednesday, August 19th. Finally, UBS Group decreased their price target on shares of Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $224.17.

Honeywell Aerospace Company 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.