Clear Harbor Invests Heavily in Honeywell Aerospace Amid Analyst Price Targets
Clear Harbor Asset Management LLC recently made a significant investment in Honeywell Aerospace. According to a disclosure filed with the Securities and Exchange Commission, the firm acquired approximately 8,647 shares of the company's stock, valued at $1,936,000. This is not an isolated incident, as several other large investors have also bought stakes in Honeywell Aerospace during the second quarter.
These investors include Bell Investment Advisors Inc, Strategic Wealth Advisors LLC, Meeder Asset Management Inc., Mowery & Schoenfeld Wealth Management LLC, and Gables Capital Management Inc. Each of these firms acquired a new stake in the company, with values ranging from $29,000 to $47,000.
The analysts' consensus view on Honeywell Aerospace is more mixed. While some have raised their price targets, including Jefferies Financial Group and Morgan Stanley, others remain cautious. The stock currently has an average rating of 'Hold' and a target price of $224.17.