20,042 Shares in Honeywell Aerospace $HONA Acquired by Benjamin Edwards Inc.

Benjamin Edwards Inc. purchased a new position in Honeywell Aerospace (NASDAQ:HONA) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 20,042 shares of the company’s stock, valued at approximately $4,430,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Honeywell Aerospace during the second quarter valued at approximately $5,253,341,000. Wellington Management Group LLP bought a new position in shares of Honeywell Aerospace during the second quarter worth $1,705,882,000. Bank of America Corp DE bought a new position in shares of Honeywell Aerospace during the second quarter worth $1,034,187,000. Bank of New York Mellon Corp purchased a new position in Honeywell Aerospace during the second quarter valued at $644,412,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Honeywell Aerospace during the second quarter valued at $377,905,000.

Honeywell Aerospace Stock Performance

Honeywell Aerospace stock opened at $162.37 on Monday. The stock has a market capitalization of $51.46 billion and a P/E ratio of 86.83. The company’s fifty day simple moving average is $195.14. Honeywell Aerospace has a 52-week low of $150.03 and a 52-week high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last issued 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. As a group, sell-side analysts anticipate that Honeywell Aerospace will post 7.75 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on HONA. Vertical Research initiated 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. Wells Fargo & Company set a $195.00 price objective on shares of Honeywell Aerospace in a report on Monday, August 10th. JPMorgan Chase & Co. started coverage on Honeywell Aerospace in a research report on Friday, July 10th. They set a “neutral” rating and a $255.00 price objective for the company. Wall Street Zen raised Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. Finally, Argus started coverage on Honeywell Aerospace in a research report on Thursday, July 9th. They issued a “buy” rating and a $275.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus 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.