MidFirst Bank Makes New $5.61 Million Investment in Honeywell Aerospace $HONA

MidFirst Bank bought a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 25,367 shares of the company’s stock, valued at approximately $5,608,000.

Several other large investors have also recently made changes to their positions in HONA. SCS Capital Management LLC bought a new stake in shares of Honeywell Aerospace in the 2nd quarter worth approximately $1,821,000. SFE Investment Counsel bought a new position in Honeywell Aerospace during the 2nd quarter valued at approximately $2,981,000. Oppenheimer Asset Management Inc. purchased a new position in Honeywell Aerospace during the second quarter valued at $8,809,000. IMC Chicago LLC purchased a new position in Honeywell Aerospace during the second quarter valued at $10,508,000. Finally, Baxter Bros Inc. bought a new stake in Honeywell Aerospace in the second quarter worth $4,946,000.

Honeywell Aerospace Stock Performance

Honeywell Aerospace stock opened at $161.56 on Tuesday. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50. The firm has a market cap of $51.21 billion and a P/E ratio of 86.40.

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

Analyst Ratings Changes

HONA has been the topic of a number of recent research reports. UBS Group cut their target price on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Vertical Research began coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 target price for the company. JPMorgan Chase & Co. assumed coverage on shares of Honeywell Aerospace in a report on Friday, July 10th. They set a “neutral” rating and a $255.00 price target on the stock. Royal Bank Of Canada reduced their price target on shares of Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating for the company in a research report on Thursday, August 6th. Finally, Wells Fargo & Company set a $195.00 price objective on shares of Honeywell Aerospace in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from 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.