Edge Wealth Management Buys New Stake in Honeywell Aerospace

Edge Wealth Management LLC has acquired a new position in Honeywell Aerospace (NASDAQ:HONA), according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 27,700 shares of the company's stock, valued at approximately $6,124,000.

Honeywell Aerospace makes up about 1.0% of Edge Wealth Management LLC's holdings, making it the firm's 26th biggest position. Several other institutional investors and hedge funds have also purchased new positions in Honeywell Aerospace during the second quarter.

Market analysts have weighed in on Honeywell Aerospace with various ratings and price targets. JPMorgan Chase & Co. initiated coverage on shares of Honeywell Aerospace in a report on July 10th, issuing a 'neutral' rating and a $255.00 price target.