Kingsview Wealth Invests Heavily in Honeywell Aerospace

Kingsview Wealth Management LLC has invested in Honeywell Aerospace (NASDAQ:HONA), purchasing approximately $3.33 million worth of shares in the second quarter. The fund acquired 14,860 shares, according to its most recent filing with the SEC.

This is not an isolated instance, as other hedge funds and institutional investors have also made changes to their positions in Honeywell Aerospace. Meeder Asset Management Inc., Bell Investment Advisors Inc., Strategic Wealth Advisors LLC, Mowery & Schoenfeld Wealth Management LLC, and Gables Capital Management Inc. all acquired new stakes in the company during the second quarter.

Honeywell Aerospace has a market cap of $51.46 billion and a P/E ratio of 86.83. Analysts expect the company to post $7.75 EPS for the current year. Several equities analysts have commented on Honeywell Aerospace, with Wells Fargo & Company setting a price target of $195.00 and UBS Group lowering its price target from $231.00 to $213.00.