Clear Harbor Asset Management LLC Takes Position in Honeywell Aerospace $HONA

by · The Markets Daily

Clear Harbor Asset Management LLC acquired a new stake in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,781 shares of the company’s stock, valued at approximately $1,941,000.

Other large investors also recently bought and sold shares of the company. Grandfield & Dodd LLC purchased a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at about $759,000. SCS Capital Management LLC bought a new stake in shares of Honeywell Aerospace in the second quarter worth approximately $1,821,000. SFE Investment Counsel purchased a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $2,981,000. MidFirst Bank purchased a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $5,608,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $8,809,000.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HONA. Wolfe Research began coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating on the stock. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a research report on Thursday, August 6th. Royal Bank Of Canada lowered their price target on Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating on the stock in a report on Thursday, August 6th. Zacks Research upgraded Honeywell Aerospace to a “hold” rating in a research note on Wednesday, July 1st. Finally, JPMorgan Chase & Co. began coverage on Honeywell Aerospace in a research note on Friday, July 10th. They issued a “neutral” rating and a $255.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Honeywell Aerospace has a consensus rating of “Hold” and a consensus price target of $224.17.

Check Out Our Latest Stock Report on HONA

Honeywell Aerospace Trading Down 0.7%

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

Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last posted its quarterly earnings data 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. As a group, analysts expect that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.

Honeywell Aerospace Company Profile

(Free Report)

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.

See Also

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