Camarda Takes $2.02 Million Position in Honeywell Aerospace Stock
Camarda Financial Advisors LLC has taken a significant position in Honeywell Aerospace (NASDAQ:HONA) by acquiring approximately $2.02 million worth of shares during the second quarter, according to its Form 13F filing with the SEC.
The fund purchased 9,117 shares of HONA's stock, which is valued at around $2,016,000. This is not an isolated instance; several other hedge funds have also bought and sold shares of HONA in recent times.
Analysts from various firms have offered their views on the company's performance and prospects. Wolfe Research has assigned a 'hold' rating to HONA, while JPMorgan Chase & Co. and Vertical Research have also taken a neutral stance on the stock.
Honeywell Aerospace has reported $6,340,000 in earnings per share for its recent quarter, with revenue reaching $4.35 billion. The company's market cap stands at approximately $50.95 billion, and its PE ratio is 85.96.