Barbara Oil Co. Takes $1.77 Million Stake in Honeywell Aerospace

Barbara Oil Co., an investment firm, has taken a significant position in Honeywell Aerospace (NASDAQ:HONA). In its latest 13F filing with the Securities and Exchange Commission (SEC), the company revealed that it purchased approximately $1.77 million worth of HONA shares during the second quarter. The purchase consisted of 8,000 shares.

In addition to Barbara Oil Co., other institutional investors have also made changes to their positions in Honeywell Aerospace. Solstein Capital LLC acquired a new stake in the company during the second quarter, valued at around $467,000. E20 Capital Ltd purchased a new position in HONA shares worth approximately $31,963,000.

Honeywell Aerospace has received mixed analyst ratings. BMO Capital Markets decreased its price objective on the company from $276.00 to $209.00 and set an 'outperform' rating. However, UBS Group reduced its price target on HONA from $231.00 to $213.00 and set a 'neutral' rating.