3,490 Shares in Honeywell Aerospace $HONA Bought by Meiji Yasuda Life Insurance Co

Meiji Yasuda Life Insurance Co bought a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 3,490 shares of the company’s stock, valued at approximately $781,000.

Other institutional investors have also added to or reduced their stakes in the company. Meeder Asset Management Inc. purchased a new stake in shares of Honeywell Aerospace during the second quarter worth about $29,000. Bell Investment Advisors Inc purchased a new position in shares of Honeywell Aerospace in the 2nd quarter valued at approximately $29,000. Strategic Wealth Advisors LLC purchased a new position in shares of Honeywell Aerospace in the 2nd quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Honeywell Aerospace in the 2nd quarter worth approximately $40,000. Finally, Gables Capital Management Inc. acquired a new stake in Honeywell Aerospace in the 2nd quarter worth approximately $47,000.

Honeywell Aerospace Stock Up 1.0%

HONA opened at $162.37 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 fifty day moving average price of $195.14. The stock has a market capitalization of $51.46 billion and a PE ratio of 86.83.

Honeywell Aerospace (NASDAQ:HONA) 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 company had revenue of $4.35 billion for the quarter. On average, analysts predict that Honeywell Aerospace will post 7.75 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. BNP Paribas Exane decreased their price target on shares of 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 assumed coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating on the stock. Melius Research raised Honeywell Aerospace to a “strong-buy” rating in a research report on Monday, June 29th. Wells Fargo & Company set a $195.00 target price on Honeywell Aerospace in a research note on Monday, August 10th. Finally, Zacks Research raised Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. One research 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. According to MarketBeat, the company 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.