3,706 Shares in Honeywell Aerospace $HONA Acquired by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc acquired 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 SEC. The firm acquired 3,706 shares of the company’s stock, valued at approximately $819,000.

Other large investors have also added to or reduced their stakes in the company. Bell Investment Advisors Inc bought a new stake in Honeywell Aerospace in the second quarter worth $29,000. Trifecta Capital Advisors LLC purchased a new stake in shares of Honeywell Aerospace in the second quarter worth $67,000. Kelleher Financial Advisors bought a new position in shares of Honeywell Aerospace during the second quarter valued at $78,000. J.Safra Asset Management Corp bought a new position in shares of Honeywell Aerospace during the second quarter valued at $124,000. Finally, Dunhill Financial LLC purchased a new position in shares of Honeywell Aerospace in the 2nd quarter worth about $144,000.

Honeywell Aerospace Price Performance

HONA stock opened at $160.76 on Wednesday. Honeywell Aerospace has a 1-year low of $150.03 and a 1-year high of $297.50. The firm has a market capitalization of $50.95 billion and a PE ratio of 85.97.

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on HONA shares. JPMorgan Chase & Co. started coverage on shares of Honeywell Aerospace in a research note on Friday, July 10th. They issued a “neutral” rating and a $255.00 price target on the stock. Melius Research upgraded shares of Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. Wall Street Zen raised shares of Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. TD Cowen assumed coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating and a $250.00 target price on the stock. Finally, Wolfe Research began coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $224.17.

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.