Toth Financial Advisory Corp Buys Shares of 14,256 Honeywell Aerospace $HONA

Toth Financial Advisory Corp purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,256 shares of the company’s stock, valued at approximately $3,192,000.

Several other hedge funds and other institutional investors also recently modified their holdings of HONA. Grandfield & Dodd LLC bought a new stake in Honeywell Aerospace in the 2nd quarter valued at about $759,000. SCS Capital Management LLC acquired a new position in Honeywell Aerospace during the 2nd quarter valued at about $1,821,000. SFE Investment Counsel bought a new position in Honeywell Aerospace in the 2nd quarter worth about $2,981,000. MidFirst Bank bought a new position in Honeywell Aerospace in the 2nd quarter worth about $5,608,000. Finally, IMC Chicago LLC bought a new position in Honeywell Aerospace in the 2nd quarter worth about $10,508,000.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Argus initiated coverage on Honeywell Aerospace in a report on Thursday, July 9th. They set a “buy” rating and a $275.00 price target on the stock. BNP Paribas Exane decreased their price objective on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Wolfe Research initiated coverage on Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating for the company. JPMorgan Chase & Co. assumed coverage on Honeywell Aerospace in a research report on Friday, July 10th. They issued a “neutral” rating and a $255.00 target price on the stock. Finally, Zacks Research raised Honeywell Aerospace to a “hold” rating in a research note on Wednesday, July 1st. One investment 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 company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $224.17.

Honeywell Aerospace Stock Up 1.0%

NASDAQ HONA opened at $162.37 on Friday. Honeywell Aerospace has a 12 month low of $150.03 and a 12 month high of $297.50. The firm has a market capitalization of $51.46 billion and a price-to-earnings ratio of 86.83. The company’s 50 day moving average is $195.14.

Honeywell Aerospace (NASDAQ:HONA) last released its earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share for the quarter. The firm had revenue of $4.35 billion during the quarter. Analysts forecast that Honeywell Aerospace will post 7.75 EPS for the current 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.