First National Bank of Omaha Takes $3.94 Million Position in Honeywell Aerospace $HONA

First National Bank of Omaha purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 17,653 shares of the company’s stock, valued at approximately $3,935,000.

Other hedge funds have also recently modified their holdings of the company. Meeder Asset Management Inc. purchased a new stake in Honeywell Aerospace in the 2nd quarter worth $29,000. Bell Investment Advisors Inc purchased a new position in shares of Honeywell Aerospace in the 2nd quarter worth approximately $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Honeywell Aerospace during the second quarter worth $40,000. Trifecta Capital Advisors LLC bought a new position in Honeywell Aerospace during the 2nd quarter valued at about $67,000. Finally, Kelleher Financial Advisors bought a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $78,000.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. TD Cowen began coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating and a $250.00 price target on the stock. Royal Bank Of Canada dropped their target price on Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Wolfe Research started coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating on the stock. BMO Capital Markets dropped their target price on Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. Finally, Melius Research raised shares of Honeywell Aerospace to a “strong-buy” rating in a research report on Monday, June 29th. 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. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $224.17.

Honeywell Aerospace Stock Down 0.5%

NASDAQ:HONA opened at $160.76 on Wednesday. The firm has a market cap of $50.95 billion and a price-to-earnings ratio of 85.97. Honeywell Aerospace has a fifty-two week low of $150.03 and a fifty-two week high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last announced its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share for the quarter. The firm had revenue of $4.35 billion during the quarter. As a group, equities research 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.