William Blair Invests Heavily in Honeywell Aerospace Stock

William Blair Investment Management LLC has recently acquired a new stake in Honeywell Aerospace (NASDAQ:HONA), according to its latest SEC filing. The firm purchased 7,287 shares of the company's stock during the second quarter, valued at approximately $1,632,000.

This is not an isolated incident, as several other institutional investors have also bought and sold shares of Honeywell Aerospace in recent quarters. BlackRock Inc., for example, acquired a new position in Honeywell Aerospace worth $5,253,341,000 during the second quarter. Bank of New York Mellon Corp purchased a new stake in shares of Honeywell Aerospace valued at about $644,412,000.

Analysts have had mixed views on Honeywell Aerospace's stock performance. Zacks Research recently upgraded the company to a 'hold' rating with a target price of $210.00, while Jefferies Financial Group set a target price of $175.00.