First Nebraska Trust Co Buys Shares of 16,236 Honeywell Aerospace $HONA

First Nebraska Trust Co bought a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) during the second quarter, HoldingsChannel.com reports. The fund bought 16,236 shares of the company’s stock, valued at approximately $3,589,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bell Investment Advisors Inc bought a new stake in shares of Honeywell Aerospace during the 2nd quarter worth approximately $29,000. Strategic Wealth Advisors LLC bought a new position in Honeywell Aerospace in the 2nd quarter valued at $29,000. Meeder Asset Management Inc. bought a new position in Honeywell Aerospace in the 2nd quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in Honeywell Aerospace in the 2nd quarter valued at $40,000. Finally, Gables Capital Management Inc. purchased a new stake in Honeywell Aerospace in the second quarter worth $47,000.

Analysts Set New Price Targets

Several research firms have recently weighed in on HONA. Royal Bank Of Canada decreased their target price on Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, August 6th. BMO Capital Markets reduced their price target 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. TD Cowen initiated coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating and a $250.00 price objective for the company. Vertical Research assumed coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They set a “hold” rating and a $243.00 price objective for the company. Finally, Morgan Stanley raised shares of Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price objective for the company in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $224.17.

Honeywell Aerospace Stock Performance

Shares of HONA stock opened at $164.73 on Friday. The company has a market cap of $52.21 billion and a P/E ratio of 88.09. Honeywell Aerospace has a 52-week low of $150.03 and a 52-week high of $297.50.

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

Honeywell Aerospace Company 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.