4,639 Shares in Honeywell Aerospace $HONA Acquired by Oakmont Investment Advisors Inc.

Oakmont Investment Advisors Inc. purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,639 shares of the company’s stock, valued at approximately $1,188,000.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Honeywell Aerospace in the second quarter worth $5,253,341,000. Wellington Management Group LLP acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at $1,705,882,000. Bank of America Corp DE acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at $1,034,187,000. Bank of New York Mellon Corp bought a new position in shares of Honeywell Aerospace in the second quarter valued at about $644,412,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Honeywell Aerospace in the second quarter valued at about $370,544,000.

Honeywell Aerospace Price Performance

Shares of NASDAQ HONA opened at $161.01 on Friday. Honeywell Aerospace has a fifty-two week low of $150.03 and a fifty-two week high of $297.50. The firm has a market capitalization of $51.03 billion and a price-to-earnings ratio of 86.10. The firm has a 50 day simple moving average of $191.08.

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

Analyst Ratings Changes

HONA has been the topic of several research reports. Wolfe Research started coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating on the stock. TD Cowen began coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They issued a “hold” rating and a $250.00 price objective for the company. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a research note on Thursday, August 6th. JPMorgan Chase & Co. started coverage on shares of Honeywell Aerospace in a research report on Friday, July 10th. They set a “neutral” rating and a $255.00 target price on the stock. Finally, Zacks Research raised shares of 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 assigned a Buy rating and nine have issued 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 price target of $224.17.

Honeywell Aerospace 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.