William Blair Investment Management Boosts Stake in Honeywell Aerospace

Honeywell Aerospace (NASDAQ:HONA) has attracted significant investment from various institutional investors in the second quarter, according to recent Form 13F filings. William Blair Investment Management LLC acquired a new position in Honeywell Aerospace, purchasing 7,291 shares worth approximately $1,612,000.

Several other hedge funds and institutional investors also increased their stakes in the company during the same period. BlackRock Inc., for example, bought a new stake valued at around $5,253,341,000. Bank of New York Mellon Corp, Mitsubishi UFJ Asset Management Co. Ltd., Deutsche Bank AG, and Madison Asset Management LLC also acquired new positions in Honeywell Aerospace.

The company's stock has been subject to various analyst ratings and price targets. Melius Research upgraded Honeywell Aerospace to a 'strong-buy' rating, while TD Cowen issued a 'hold' rating with a target price of $250.00. Royal Bank Of Canada reduced its target price from $300.00 to $250.00 and maintained an 'outperform' rating.