58,328 Shares in Honeywell Aerospace $HONA Acquired by Waverly Advisors LLC

Waverly Advisors LLC acquired a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 58,328 shares of the company’s stock, valued at approximately $12,895,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. California State Teachers Retirement System purchased a new stake in shares of Honeywell Aerospace in the second quarter worth $24,053,526,000. BlackRock Inc. purchased a new stake in shares of Honeywell Aerospace in the second quarter worth about $5,253,341,000. Wellington Management Group LLP purchased a new stake in shares of Honeywell Aerospace during the 2nd quarter worth approximately $1,705,882,000. Bank of America Corp DE purchased a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at about $1,034,187,000. Finally, Bank of New York Mellon Corp purchased a new stake in Honeywell Aerospace during the 2nd quarter valued at $644,412,000.

Analyst Ratings Changes

Several analysts have issued reports on HONA shares. Evercore set a $210.00 price objective on shares of Honeywell Aerospace in a research note on Thursday, August 6th. Wall Street Zen raised shares of Honeywell Aerospace to a “hold” rating in a research note on Sunday, July 12th. Morgan Stanley raised Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 target price on the stock in a research report on Wednesday, August 19th. Vertical Research started coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price target on the stock. Finally, JPMorgan Chase & Co. assumed coverage on Honeywell Aerospace in a research note on Friday, July 10th. They set a “neutral” rating and a $255.00 target price on the stock. One 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 data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $224.17.

Honeywell Aerospace Stock Performance

Honeywell Aerospace stock opened at $151.58 on Thursday. The firm has a market capitalization of $48.04 billion and a price-to-earnings ratio of 81.06. The business’s 50-day moving average is $188.25. Honeywell Aerospace has a 52 week low of $150.03 and a 52 week high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last posted its earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The firm had revenue of $4.35 billion during the quarter. On average, sell-side analysts anticipate that Honeywell Aerospace will post 7.75 earnings per share for the current fiscal year.

About Honeywell Aerospace

Honeywell Aerospace is an aerospace technology company that develops and supplies systems, components and services for commercial aviation, business and general aviation, defense and space markets. Its portfolio includes aircraft engines, auxiliary power units, avionics, flight controls, navigation and communication systems, thermal management equipment, wheels and brakes, and other propulsion and safety technologies.

The company serves aircraft manufacturers, airlines, business aviation operators, military customers and aftermarket service providers around the world.