18,849 Shares in Honeywell Aerospace $HONA Acquired by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC bought a new position in Honeywell Aerospace (NASDAQ:HONA) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 18,849 shares of the company’s stock, valued at approximately $4,167,000.

Several other large investors have also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. purchased a new position in shares of Honeywell Aerospace during the 2nd quarter valued at $25,000. Leo H. Evart Inc. purchased a new stake in shares of Honeywell Aerospace in the second quarter worth $26,000. Outlook Capital Management LLC bought a new stake in Honeywell Aerospace during the second quarter valued at $26,000. Meeder Asset Management Inc. bought a new stake in Honeywell Aerospace during the second quarter valued at $29,000. Finally, Bell Investment Advisors Inc bought a new stake in Honeywell Aerospace during the second quarter valued at $29,000.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Jefferies Financial Group set a $175.00 target price on Honeywell Aerospace in a research note on Sunday, August 9th. UBS Group dropped their price target on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Evercore set a $210.00 price objective on Honeywell Aerospace in a report on Thursday, August 6th. Royal Bank Of Canada decreased their price objective on shares of Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Finally, BMO Capital Markets lowered their target price on shares of Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $224.17.

Honeywell Aerospace Stock Up 2.9%

NASDAQ HONA opened at $158.26 on Friday. The company’s 50-day moving average price is $184.60. Honeywell Aerospace has a twelve month low of $149.19 and a twelve month high of $297.50. The stock has a market capitalization of $50.16 billion and a P/E ratio of 84.63.

Honeywell Aerospace (NASDAQ:HONA) last issued its quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The firm had revenue of $4.35 billion for the quarter. Analysts expect that Honeywell Aerospace will post 7.75 earnings per share for the current year.

About Honeywell Aerospace

Honeywell Aerospace is an aerospace technology company that develops and supplies systems, components and services for commercial aviation, business and general aviation, defense and space markets. Its portfolio includes aircraft engines, auxiliary power units, avionics, flight controls, navigation and communication systems, thermal management equipment, wheels and brakes, and other propulsion and safety technologies.

The company serves aircraft manufacturers, airlines, business aviation operators, military customers and aftermarket service providers around the world.