3,390 Shares in Honeywell Aerospace $HONA Bought by Grandfield & Dodd LLC

Grandfield & Dodd LLC acquired a new position in shares of Honeywell Aerospace (NASDAQ:HONA) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,390 shares of the company’s stock, valued at approximately $759,000.

Several other large investors also recently made changes to their positions in the stock. Bell Investment Advisors Inc acquired a new stake in Honeywell Aerospace in the second quarter valued at $29,000. Trifecta Capital Advisors LLC bought a new stake in shares of Honeywell Aerospace during the second quarter worth approximately $67,000. Kelleher Financial Advisors acquired a new position in Honeywell Aerospace in the 2nd quarter valued at $78,000. J.Safra Asset Management Corp acquired a new position in shares of Honeywell Aerospace in the second quarter valued at about $124,000. Finally, Dunhill Financial LLC acquired a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $144,000.

Honeywell Aerospace Price Performance

Shares of HONA opened at $161.56 on Tuesday. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50. The stock has a market capitalization of $51.21 billion and a PE ratio of 86.40.

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 firm had revenue of $4.35 billion for the quarter. On average, sell-side analysts forecast that Honeywell Aerospace will post 7.75 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on HONA shares. BMO Capital Markets cut their target price on Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating for the company in a research report on Monday, August 10th. Royal Bank Of Canada cut their target price 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. Wolfe Research assumed coverage on Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating on the stock. Zacks Research raised shares of Honeywell Aerospace to a “hold” rating in a research note on Wednesday, July 1st. Finally, Jefferies Financial Group set a $175.00 target price on Honeywell Aerospace in a report on Sunday, August 9th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, Honeywell Aerospace currently has a consensus rating of “Hold” and a consensus target price of $224.17.

Honeywell Aerospace 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.