Silvant Capital Invests Heavily in Honeywell Aerospace Amid Analyst Price Targets

Silvant Capital Management LLC, an institutional investor, has purchased a new position in Honeywell Aerospace (NASDAQ:HONA) for approximately $12.6 million, according to a recent filing with the Securities & Exchange Commission. The company acquired 57,025 shares of Honeywell Aerospace's stock during the second quarter.

This is not the only investment made by large investors in Honeywell Aerospace recently. Meeder Asset Management Inc., Bell Investment Advisors Inc., Strategic Wealth Advisors LLC, Mowery & Schoenfeld Wealth Management LLC, and Gables Capital Management Inc. have all purchased new stakes in the company during the second quarter.

Honeywell Aerospace has received various analyst ratings and price targets from firms such as Wells Fargo & Company, Morgan Stanley, BMO Capital Markets, Wall Street Zen, and BNP Paribas Exane. The consensus rating for Honeywell Aerospace is a 'Hold' with a price target of $224.17.

Shares of HONA have fluctuated in value, opening at $165.89 on Friday. The company's market capitalization stands at $52.58 billion, and its P/E ratio is 88.71.