Wedmont Private Capital Buys Shares of 3,675 Honeywell Aerospace $HONA

Wedmont Private Capital purchased a new position in Honeywell Aerospace (NASDAQ:HONA) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,675 shares of the company’s stock, valued at approximately $941,000.

Several other institutional investors and hedge funds have also modified their holdings of HONA. BlackRock Inc. purchased a new stake in Honeywell Aerospace in the second quarter valued at approximately $5,253,341,000. Wellington Management Group LLP bought a new position in Honeywell Aerospace in the 2nd quarter worth approximately $1,705,882,000. Bank of America Corp DE acquired a new position in shares of Honeywell Aerospace during the second quarter valued at $1,034,187,000. Bank of New York Mellon Corp acquired a new position in Honeywell Aerospace during the 2nd quarter valued at about $644,412,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Honeywell Aerospace during the second quarter worth approximately $370,544,000.

Analyst Ratings Changes

Several equities analysts recently weighed in on HONA shares. Evercore set a $210.00 price objective on Honeywell Aerospace in a research report on Thursday, August 6th. Wells Fargo & Company set a $195.00 target price on shares of Honeywell Aerospace in a research note on Monday, August 10th. Melius Research upgraded Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. Zacks Research raised shares of Honeywell Aerospace to a “hold” rating in a report on Wednesday, July 1st. Finally, Wall Street Zen upgraded shares of Honeywell Aerospace to a “hold” rating in a research note on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $224.17.

Honeywell Aerospace Trading Down 3.5%

HONA stock opened at $155.42 on Wednesday. Honeywell Aerospace has a fifty-two week low of $150.03 and a fifty-two week high of $297.50. The business’s 50 day moving average price is $189.76. The firm has a market cap of $49.26 billion and a P/E ratio of 83.11.

Honeywell Aerospace (NASDAQ:HONA) last issued its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The company had revenue of $4.35 billion for the quarter. Equities analysts predict that Honeywell Aerospace will post 7.75 EPS for the current year.

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.