7,768 Shares in Honeywell Aerospace $HONA Bought by SCS Capital Management LLC

SCS Capital Management LLC purchased a new stake in Honeywell Aerospace (NASDAQ:HONA) in the second quarter, Holdings Channel.com reports. The fund purchased 7,768 shares of the company’s stock, valued at approximately $1,717,000.

Several other large investors have also bought and sold shares of the stock. Trifecta Capital Advisors LLC bought a new position in Honeywell Aerospace during the 2nd quarter valued at $67,000. Kelleher Financial Advisors bought a new stake in shares of Honeywell Aerospace in the 2nd quarter worth $78,000. One Wealth Advisors LLC bought a new stake in shares of Honeywell Aerospace in the 2nd quarter worth $210,000. Bridgewater Advisors Inc. purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at about $236,000. Finally, Silverlake Wealth Management LLC purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at about $252,000.

Analysts Set New Price Targets

HONA has been the topic of a number of recent analyst reports. BNP Paribas Exane dropped their price target on shares of Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Argus began coverage on shares of Honeywell Aerospace in a research report on Thursday, July 9th. They issued a “buy” rating and a $275.00 price objective for the company. Evercore set a $210.00 price objective on shares of Honeywell Aerospace in a research note on Thursday, August 6th. BMO Capital Markets dropped 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 report on Monday, August 10th. Finally, TD Cowen assumed coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating and a $250.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $224.17.

Honeywell Aerospace Price Performance

Shares of Honeywell Aerospace stock opened at $166.36 on Monday. Honeywell Aerospace has a 1 year low of $150.03 and a 1 year high of $297.50. The firm has a market cap of $52.73 billion and a PE ratio of 88.96.

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

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.