Tompkins Financial Corp Purchases 16,088 Shares of Honeywell Aerospace $HONA

Tompkins Financial Corp purchased a new position in Honeywell Aerospace (NASDAQ:HONA) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 16,088 shares of the company’s stock, valued at approximately $2,493,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Ironvine Capital Partners LLC acquired a new position in shares of Honeywell Aerospace in the 2nd quarter valued at approximately $10,452,000. Sequoia Financial Advisors LLC bought a new stake in shares of Honeywell Aerospace in the second quarter worth $24,175,000. Tidal Investments LLC bought a new stake in shares of Honeywell Aerospace in the second quarter worth $6,331,000. Werlinich Asset Management LLC acquired a new stake in Honeywell Aerospace in the second quarter valued at $1,478,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in Honeywell Aerospace during the 2nd quarter valued at $3,693,000.

Wall Street Analyst Weigh In

Several analysts recently weighed in on HONA shares. Vertical Research started coverage on Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price objective for the company. BNP Paribas Exane reduced their price objective on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. JPMorgan Chase & Co. initiated coverage on shares of Honeywell Aerospace in a report on Friday, July 10th. They issued a “neutral” rating and a $255.00 price objective for the company. Morgan Stanley upgraded shares of Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 target price for the company in a research note on Wednesday, August 19th. Finally, TD Cowen assumed coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They issued a “hold” rating and a $250.00 price target on the stock. Six research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Honeywell Aerospace presently has a consensus rating of “Hold” and a consensus target price of $219.29.

Honeywell Aerospace Trading Up 0.5%

Shares of NASDAQ:HONA traded up $0.83 during trading on Monday, reaching $155.46. 797,489 shares of the company traded hands, compared to its average volume of 3,665,237. Honeywell Aerospace has a 1-year low of $149.19 and a 1-year high of $297.50. The company has a fifty day simple moving average of $168.57. The firm has a market cap of $49.27 billion and a price-to-earnings ratio of 83.14.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings results 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 for the quarter. As a group, research analysts anticipate that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.

Honeywell Aerospace Company Profile

Honeywell Aerospace is an aerospace and defense technology company that develops systems and equipment for commercial aircraft, business and general aviation, military platforms, and spacecraft. Its portfolio includes aircraft engines and propulsion systems, auxiliary power units, avionics, flight controls, environmental control systems, electrical power systems, landing systems, communications technology, and aircraft safety products.

The company also provides software, connected-aircraft technologies, maintenance, repair and overhaul services, spare parts, upgrades, and other aftermarket support.