3,706 Shares in Honeywell Aerospace $HONA Acquired by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc bought a new position in Honeywell Aerospace (NASDAQ:HONA) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 3,706 shares of the company’s stock, valued at approximately $830,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Bell Investment Advisors Inc bought a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $29,000. Trifecta Capital Advisors LLC acquired a new stake in shares of Honeywell Aerospace during the 2nd quarter worth approximately $67,000. Kelleher Financial Advisors bought a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at $78,000. J.Safra Asset Management Corp bought a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at $124,000. Finally, Dunhill Financial LLC acquired a new position in shares of Honeywell Aerospace during the 2nd quarter valued at $144,000.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Morgan Stanley set a $205.00 target price on shares of Honeywell Aerospace in a research note on Friday, August 7th. Melius Research raised shares of Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. Wells Fargo & Company set a $195.00 price objective on shares of Honeywell Aerospace in a report on Monday, August 10th. Royal Bank Of Canada cut 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, Wall Street Zen upgraded Honeywell Aerospace to a “hold” rating in a research note on Sunday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $224.17.

Honeywell Aerospace Trading Down 0.5%

Shares of NASDAQ:HONA opened at $160.76 on Wednesday. Honeywell Aerospace has a twelve month low of $150.03 and a twelve month high of $297.50. The company has a market cap of $50.95 billion and a PE ratio of 85.97.

Honeywell Aerospace (NASDAQ:HONA) last posted its quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The business had revenue of $4.35 billion during the quarter. Equities analysts predict that Honeywell Aerospace will post 7.75 EPS for the current fiscal 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.