Narrative:

En route from sat to hou we were climbing to our final assigned altitude of FL270. The first officer was flying the aircraft at the time. Prior to reaching FL270, we were given pilot's discretion to FL240. When the autoplt went to altitude acquire, the first officer put in FL240 and we exceeded FL270 by 300 ft. We both discovered the error about the same time. The first officer stopped the climb and started a descent to FL240. At the time this event happened, we were deviating for WX, assigned to intercept 285 radial off hub and I was getting the ATIS. When within 1000 ft of an assigned altitude both pilots should make sure that the autoplt captures the assigned altitude or push altitude hold to prevent recurrence.

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Original NASA ASRS Text

Title: A B737 FLT CREW OVERSHOOTS ASSIGNED ALT.

Narrative: ENRTE FROM SAT TO HOU WE WERE CLBING TO OUR FINAL ASSIGNED ALT OF FL270. THE FO WAS FLYING THE ACFT AT THE TIME. PRIOR TO REACHING FL270, WE WERE GIVEN PLT'S DISCRETION TO FL240. WHEN THE AUTOPLT WENT TO ALT ACQUIRE, THE FO PUT IN FL240 AND WE EXCEEDED FL270 BY 300 FT. WE BOTH DISCOVERED THE ERROR ABOUT THE SAME TIME. THE FO STOPPED THE CLB AND STARTED A DSCNT TO FL240. AT THE TIME THIS EVENT HAPPENED, WE WERE DEVIATING FOR WX, ASSIGNED TO INTERCEPT 285 RADIAL OFF HUB AND I WAS GETTING THE ATIS. WHEN WITHIN 1000 FT OF AN ASSIGNED ALT BOTH PLTS SHOULD MAKE SURE THAT THE AUTOPLT CAPTURES THE ASSIGNED ALT OR PUSH ALT HOLD TO PREVENT RECURRENCE.

Data retrieved from NASA's ASRS site as of July 2007 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.