Brooks Moore & Associates Inc. Invests Heavily in Honeywell Aerospace
Brooks Moore & Associates Inc., an institutional investor, purchased a new position in Honeywell Aerospace (NASDAQ:HONA) in the second quarter. The company bought 9,885 shares of Honeywell's stock, valued at approximately $2,185,000.
This is not the only notable investment in Honeywell Aerospace during this period. Several other hedge funds acquired new stakes in the company, including Grandfield & Dodd LLC, SCS Capital Management LLC, and IMC Chicago LLC.
Honeywell Aerospace has received a mixed bag of analyst ratings. Zacks Research upgraded the stock to 'hold', while Argus issued a 'buy' rating with a target price of $275.00.