NovaPoint Capital LLC Makes New Investment in Honeywell Aerospace $HONA

NovaPoint Capital LLC purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 12,799 shares of the company’s stock, valued at approximately $1,983,000.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Honeywell Aerospace during the second quarter worth $5,253,341,000. State Street Corp purchased a new position in Honeywell Aerospace in the second quarter valued at about $2,945,044,000. Wellington Management Group LLP purchased a new position in Honeywell Aerospace in the second quarter valued at about $1,705,882,000. Bank of America Corp DE purchased a new position in Honeywell Aerospace in the second quarter valued at about $1,034,187,000. Finally, Bank of New York Mellon Corp acquired a new position in Honeywell Aerospace in the 2nd quarter worth about $644,412,000.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on HONA shares. Wolfe Research began coverage on Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating for the company. Weiss Ratings began coverage on Honeywell Aerospace in a research note on Friday, September 11th. They issued a “sell (d)” rating for the company. BNP Paribas Exane dropped their price objective on Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating on the stock in a report on Tuesday, October 6th. Melius Research set a $190.00 price objective on shares of Honeywell Aerospace in a research report on Monday, September 14th. Finally, Wells Fargo & Company set a $195.00 target price on shares of Honeywell Aerospace in a research note on Monday, August 10th. Five equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $201.93.

Honeywell Aerospace Stock Performance

Honeywell Aerospace stock traded up $0.29 during mid-day trading on Friday, hitting $163.31. 3,360,242 shares of the company’s stock were exchanged, compared to its average volume of 2,553,468. Honeywell Aerospace has a 1-year low of $149.19 and a 1-year high of $297.50. The business has a 50 day moving average price of $159.84. The firm has a market capitalization of $51.76 billion and a PE ratio of 87.33.

Honeywell Aerospace (NASDAQ:HONA) last issued its quarterly earnings data 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. Analysts expect that Honeywell Aerospace will post 7.77 EPS for the current fiscal year.

More Honeywell Aerospace News

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

• Positive Sentiment: Some analysts and investment commentary view Honeywell Aerospace as undervalued based on cash-flow generation and believe its high-margin aerospace platform could support a post-spin-off re-rating relative to peers such as GE Aerospace and RTX. Honeywell Aerospace Stock Looks Below Fair Value on Cash Flow Honeywell Aerospace versus GE and RTX
• Positive Sentiment: A Broyhill Asset Management investor letter highlighted Honeywell Aerospace as a durable competitive investment, supporting the longer-term thesis around the company’s aerospace capabilities, although the firm’s broader portfolio underperformed its benchmark during the quarter. What Makes Honeywell Aerospace a Durable Competitive Bet
• Neutral Sentiment: Honeywell Aerospace is expected to report third-quarter results next week. Analysts reportedly anticipate a double-digit earnings decline, making the outlook and management commentary on demand, margins, and guidance important near-term catalysts. Honeywell Aerospace Earnings Preview
• Negative Sentiment: Several law firms publicized a pending securities-fraud class action involving investors who purchased HONA shares during portions of June 9 or June 29 through September 1, 2026. The notices cite a November 23 lead-plaintiff deadline and could weigh on sentiment by increasing perceived legal, financial, and reputational risks, although the allegations have not been proven. HONA Securities Fraud Lawsuit Notice HONA Investor Deadline

Honeywell Aerospace 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.