Two Sigma Securities Invests in Honeywell Aerospace Amid Strong Quarter

Two Sigma Securities LLC has invested $2.19 million in Honeywell Aerospace (NASDAQ:HONA) by purchasing 9,798 shares of the company's stock. This new position was disclosed in a recent Form 13F filing with the Securities and Exchange Commission.

The purchase is just one of several large investments made in Honeywell Aerospace during the second quarter. Other notable investors include Benjamin Edwards Inc., GTS Securities LLC, IMC Chicago LLC, Flputnam Investment Management Co., and Northwestern Mutual Wealth Management Co.

Analysts have been following the stock closely, with Jefferies Financial Group setting a price target of $175 per share and JPMorgan Chase & Co. issuing a 'neutral' rating. The consensus among analysts is that Honeywell Aerospace has an average rating of 'Hold' with an average price target of $224.17.

Honeywell Aerospace reported quarterly earnings of $6,340,000 in June, with revenue reaching $4.35 billion for the quarter.