Callan Family Office Invests Heavily in Honeywell Aerospace
Callan Family Office LLC has invested in Honeywell Aerospace (NASDAQ:HONA), purchasing 10,170 shares valued at approximately $2.25 million in the second quarter.
This is not an isolated investment; several other institutional investors and hedge funds have also increased their stakes in HONA during the same period.
Heartland Advisors Inc., for instance, bought a new stake worth $116,000, while Keebeck Wealth Management purchased 254,000 shares. Other notable investments include Keating Financial Advisory Services Inc.'s purchase of 110,000 shares and Patron Partners LLC's acquisition of 386,000 shares.
Honeywell Aerospace has received various analyst ratings, with Evercore setting a price objective of $210.00 on the stock. BMO Capital Markets lowered its target price from $276.00 to $209.00 while maintaining an 'outperform' rating. Melius Research upgraded the company's rating to 'strong-buy', and Argus initiated coverage with a 'buy' rating.