Equitable Holdings Buys Stake in Honeywell Aerospace Amid Strong Price Targets
Equitable Holdings Inc. has acquired a new stake in Honeywell Aerospace (NASDAQ:HONA) during the second quarter, according to its most recent filing with the Securities and Exchange Commission.
The institutional investor purchased 32,278 shares of the company's stock, valued at approximately $7,227,000.
Other hedge funds and institutional investors have also added to or reduced their stakes in Honeywell Aerospace during the second quarter. Bell Investment Advisors Inc, Meeder Asset Management Inc., Strategic Wealth Advisors LLC, Mowery & Schoenfeld Wealth Management LLC, and Gables Capital Management Inc. are among those who have purchased new positions in shares of the company.
Wall Street analysts have weighed in on Honeywell Aerospace, setting price targets ranging from $175 to $210 per share. The stock currently has an average rating of 'Hold' with a target price of $224.17.