Great Lakes Advisors LLC Takes Position in Honeywell Aerospace $HONA

Great Lakes Advisors LLC purchased a new stake in Honeywell Aerospace (NASDAQ:HONA) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,254 shares of the company’s stock, valued at approximately $940,000.

Several other institutional investors have also recently bought and sold shares of HONA. Bell Investment Advisors Inc acquired a new position in Honeywell Aerospace during the 2nd quarter worth $29,000. Strategic Wealth Advisors LLC acquired a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at $29,000. Meeder Asset Management Inc. acquired a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Honeywell Aerospace during the second quarter worth $40,000. Finally, Gables Capital Management Inc. bought a new stake in shares of Honeywell Aerospace during the second quarter worth $47,000.

Honeywell Aerospace Stock Performance

NASDAQ:HONA opened at $164.73 on Friday. Honeywell Aerospace has a 12-month low of $150.03 and a 12-month high of $297.50. The firm has a market capitalization of $52.21 billion and a PE ratio of 88.09.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The company had revenue of $4.35 billion during the quarter. Analysts forecast that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on HONA shares. BNP Paribas Exane decreased their price target on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. TD Cowen assumed coverage on Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating and a $250.00 price objective for the company. Wells Fargo & Company set a $195.00 target price on shares of Honeywell Aerospace in a research report on Monday, August 10th. Wolfe Research initiated coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating on the stock. Finally, Wall Street Zen upgraded shares of Honeywell Aerospace to a “hold” rating in a research report on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus 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.