Kintayl Capital LP Invests $1.23 Million in Honeywell Aerospace $HONA

Kintayl Capital LP acquired a new stake in Honeywell Aerospace (NASDAQ:HONA) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 5,580 shares of the company’s stock, valued at approximately $1,234,000.

Other institutional investors have also modified their holdings of the company. ABS Investment Management LLC acquired a new stake in Honeywell Aerospace during the 2nd quarter worth approximately $431,106,000. Hsbc Holdings PLC purchased a new position in Honeywell Aerospace in the second quarter valued at approximately $157,189,000. EFG International AG acquired a new position in Honeywell Aerospace during the second quarter valued at approximately $342,000. Ancora Advisors LLC purchased a new stake in Honeywell Aerospace during the second quarter worth approximately $23,350,000. Finally, Primecap Management Co. CA purchased a new stake in Honeywell Aerospace during the second quarter worth approximately $53,966,000.

Honeywell Aerospace Stock Performance

NASDAQ:HONA opened at $160.36 on Wednesday. The stock has a market capitalization of $50.83 billion and a P/E ratio of 85.75. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last issued its quarterly earnings data 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 for the quarter. As a group, equities research analysts predict that Honeywell Aerospace will post 7.75 earnings per share for the current year.

Wall Street Analysts Forecast Growth

HONA has been the topic of a number of research reports. Argus started coverage on shares of Honeywell Aerospace in a research note on Thursday, July 9th. They issued a “buy” rating and a $275.00 target price on the stock. Zacks Research raised shares of Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. Wall Street Zen upgraded Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. UBS Group cut their price objective on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Finally, Vertical Research started coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They set a “hold” rating and a $243.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Honeywell Aerospace has a consensus 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.