Norway Savings Bank Buys New Holdings in Honeywell Aerospace $HONA

Norway Savings Bank bought a new position in shares of Honeywell Aerospace (NASDAQ:HONA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,898 shares of the company’s stock, valued at approximately $914,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in Honeywell Aerospace in the second quarter valued at $5,253,341,000. State Street Corp purchased a new stake in shares of Honeywell Aerospace during the second quarter worth approximately $2,945,044,000. Wellington Management Group LLP acquired a new stake in shares of Honeywell Aerospace in the 2nd quarter worth $1,705,882,000. Bank of America Corp DE acquired a new stake in Honeywell Aerospace in the second quarter valued at about $1,034,187,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $644,412,000.

Key Stories Impacting Honeywell Aerospace

Here are the key news stories impacting Honeywell Aerospace this week:

• Positive Sentiment: Honeywell Aerospace’s 35th annual Global Business Aviation Outlook projects 9,950 new business jet deliveries worldwide over the next decade, a 4.4% increase from last year’s forecast. The global business-aviation fleet is expected to expand approximately 29%, while aircraft utilization continues to rise. These trends could support long-term demand for Honeywell’s engines, avionics, components and aftermarket services. Honeywell Aerospace forecast shows business aviation growth, expanding fleets and strong utilization continuing through 2035
• Neutral Sentiment: Analyst commentary ahead of Honeywell Aerospace’s third-quarter results highlights supply constraints as a continuing issue. While strong demand remains supportive, production limitations could restrict deliveries, revenue growth and margins in the near term. Honeywell Aerospace: Supply Constraints Are Keeping Me At Bay
• Negative Sentiment: Multiple law firms are promoting a securities class action concerning investors who purchased HONA shares during a period in 2026. The notices cite Honeywell Aerospace’s reported 70% year-over-year decline in second-quarter net income and its reduction of full-year guidance, announced August 5. The lead-plaintiff deadline is November 23, 2026. Although the announcements largely repeat existing information, the litigation adds reputational, legal and potential financial risk and may weigh on investor sentiment. HONA investor deadline and class action lawsuit

Analysts Set New Price Targets

HONA has been the topic of several recent analyst reports. Weiss Ratings began coverage on shares of Honeywell Aerospace in a research report on Friday, September 11th. They set a “sell (d)” rating on the stock. JPMorgan Chase & Co. assumed coverage on shares of Honeywell Aerospace in a research report on Friday, July 10th. They issued a “neutral” rating and a $255.00 price objective on the stock. The Goldman Sachs Group initiated coverage on Honeywell Aerospace in a research report on Wednesday, October 7th. They set a “neutral” rating and a $190.00 price target for the company. Evercore set a $210.00 price objective on shares of Honeywell Aerospace in a research report on Thursday, August 6th. Finally, Argus set a $210.00 target price on Honeywell Aerospace in a research note on Friday, October 9th. Five analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $201.93.

Honeywell Aerospace Price Performance

NASDAQ HONA traded down $2.96 during trading hours on Tuesday, hitting $159.53. The company had a trading volume of 1,058,232 shares, compared to its average volume of 3,526,225. The stock has a market cap of $50.56 billion and a P/E ratio of 85.29. Honeywell Aerospace has a fifty-two week low of $149.19 and a fifty-two week high of $297.50. The business’s 50 day moving average is $160.26.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The company had revenue of $4.35 billion for the quarter. As a group, equities analysts predict that Honeywell Aerospace will post 7.77 EPS for the current fiscal year.

Honeywell Aerospace Company Profile

Honeywell Aerospace develops and supplies aerospace technologies for commercial aviation, business and general aviation, defense, and space customers. Its portfolio includes aircraft engines and auxiliary power units, avionics, flight controls, navigation and communication systems, environmental and thermal-management equipment, wheels and brakes, and other propulsion and mechanical systems.

The company also provides aftermarket support, including maintenance, repair and overhaul services, replacement parts, upgrades, technical assistance, and digital solutions designed to improve aircraft performance and operational efficiency.