Providence Wealth Advisors LLC purchased a new position in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,328 shares of the company’s stock, valued at approximately $1,597,000.
A number of other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at $5,253,341,000. State Street Corp purchased a new position in shares of Honeywell Aerospace during the second quarter worth about $2,945,044,000. Wellington Management Group LLP purchased a new stake in Honeywell Aerospace in the second quarter valued at approximately $1,705,882,000. Bank of America Corp DE purchased a new stake in Honeywell Aerospace in the 2nd quarter valued at $1,034,187,000. Finally, Bank of New York Mellon Corp purchased a new stake in Honeywell Aerospace during the 2nd quarter valued at approximately $644,412,000.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on HONA. Argus set a $210.00 price target on Honeywell Aerospace in a research note on Friday, October 9th. BMO Capital Markets cut Honeywell Aerospace from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $213.00 to $181.00 in a research report on Friday. Wells Fargo & Company set a $195.00 price objective on Honeywell Aerospace in a research report on Monday, August 10th. TD Cowen decreased their price objective on shares of Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, October 9th. Finally, The Goldman Sachs Group began coverage on shares of Honeywell Aerospace in a research report on Wednesday, October 7th. They set a “neutral” rating and a $190.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Honeywell Aerospace presently has an average rating of “Hold” and a consensus price target of $196.47.
Get Our Latest Research Report on Honeywell Aerospace
Honeywell Aerospace Stock Up 2.5%
Shares of Honeywell Aerospace stock opened at $157.95 on Tuesday. The firm has a fifty day moving average price of $159.86. The firm has a market capitalization of $50.06 billion and a PE ratio of 84.47. Honeywell Aerospace has a twelve month low of $149.19 and a twelve month high of $297.50.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.31. The business had revenue of $4.64 billion for the quarter. As a group, analysts predict that Honeywell Aerospace will post 7.90 EPS for the current fiscal year.
Honeywell Aerospace Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, November 13th. This represents a $1.60 annualized dividend and a yield of 1.0%.
Honeywell Aerospace News Roundup
Here are the key news stories impacting Honeywell Aerospace this week:
- Positive Sentiment: Management is scheduled to participate in the Baird Global Industrial Conference on November 10, giving CEO Jim Currier an opportunity to address demand, supply constraints, earnings and the company’s outlook directly with investors. Honeywell Aerospace announces participation at upcoming investor conferences
- Neutral Sentiment: An earnings-call recap characterized demand as strong while noting tight supply, factors that could support future revenue but may also constrain near-term production and deliveries. Honeywell Aerospace Earnings Call: Demand Strong, Supply Tight
- Negative Sentiment: BMO Capital Markets downgraded Honeywell Aerospace to “Market Perform,” signaling reduced conviction in the stock’s near-term upside potential. Honeywell Aerospace Cut to Market Perform at BMO Capital Markets
- Negative Sentiment: Multiple law firms are soliciting investors for a securities class action covering purchases made from June 29 through September 1, 2026. The firms allege that Honeywell Aerospace’s disclosures failed to reflect business conditions accurately; these are allegations, not proven findings. Investors have until November 23 to seek lead-plaintiff status. HONA Securities Fraud Lawsuit Deadline
- Negative Sentiment: The central concern cited in the legal notices is that quarterly net income fell 70% and Honeywell Aerospace reduced its outlook only weeks after guiding to 7%–9% organic growth. That apparent gap between prior guidance and subsequent performance is likely weighing on investor confidence. Honeywell Aerospace Class Action Reminder
About Honeywell Aerospace
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.
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