Edmond DE Rothschild Holding S.A. Purchases Shares of 19,979 Honeywell Aerospace $HONA

Edmond DE Rothschild Holding S.A. acquired a new position in shares of Honeywell Aerospace (NASDAQ:HONA) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 19,979 shares of the company’s stock, valued at approximately $4,417,000.

Other large investors also recently made changes to their positions in the company. Bell Investment Advisors Inc purchased a new position in shares of Honeywell Aerospace in the 2nd quarter valued at $29,000. Strategic Wealth Advisors LLC acquired a new position in shares of Honeywell Aerospace during the 2nd quarter valued at $29,000. Meeder Asset Management Inc. acquired a new position in shares of Honeywell Aerospace during the 2nd quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Honeywell Aerospace during the 2nd quarter worth $40,000. Finally, Gables Capital Management Inc. purchased a new stake in Honeywell Aerospace during the 2nd quarter worth $47,000.

Honeywell Aerospace Price Performance

Shares of Honeywell Aerospace stock opened at $170.76 on Thursday. The stock has a market cap of $54.12 billion and a PE ratio of 91.31. Honeywell Aerospace has a 1-year low of $150.03 and a 1-year high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last announced its 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 for the quarter. On average, analysts predict that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HONA has been the topic of several research reports. UBS Group cut their price objective on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. BMO Capital Markets decreased 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. Vertical Research assumed coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They issued a “hold” rating and a $243.00 target price for the company. TD Cowen began coverage on Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating and a $250.00 target price on the stock. Finally, Evercore set a $210.00 price target on Honeywell Aerospace in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Honeywell Aerospace currently has a consensus rating of “Hold” and an average price target of $224.17.

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.