22,455 Shares in Honeywell Aerospace $HONA Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp bought a new position in shares of Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 22,455 shares of the company’s stock, valued at approximately $4,964,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HONA. Bell Investment Advisors Inc bought a new position in shares of Honeywell Aerospace during the second quarter valued at $29,000. Strategic Wealth Advisors LLC bought a new stake in shares of Honeywell Aerospace in the second quarter worth $29,000. Meeder Asset Management Inc. bought a new stake in shares of Honeywell Aerospace in the second quarter worth $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Honeywell Aerospace in the second quarter valued at $40,000. Finally, Gables Capital Management Inc. acquired a new stake in Honeywell Aerospace in the second quarter valued at $47,000.

Wall Street Analyst Weigh In

Several research analysts have commented on HONA shares. Vertical Research began coverage on Honeywell Aerospace in a report on Wednesday, July 1st. They set a “hold” rating and a $243.00 target price on the stock. Wolfe Research assumed coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating on the stock. TD Cowen initiated coverage on Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating and a $250.00 target price on the stock. Zacks Research raised shares of Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. Finally, Melius Research upgraded shares of Honeywell Aerospace to a “strong-buy” rating in a report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Honeywell Aerospace currently has a consensus rating of “Hold” and an average price target of $224.17.

Honeywell Aerospace Trading Down 2.1%

Shares of HONA opened at $161.20 on Tuesday. The firm has a market cap of $51.09 billion and a price-to-earnings ratio of 86.20. Honeywell Aerospace has a 12 month low of $150.03 and a 12 month high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last posted its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share for the quarter. The business had revenue of $4.35 billion during the quarter. As a group, sell-side analysts predict that Honeywell Aerospace will post 7.75 EPS 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.