Kornitzer Capital Management Inc. KS lessened its holdings in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) by 41.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,107 shares of the company’s stock after selling 5,135 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in Honeywell Aerospace were worth $1,101,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. purchased a new position in Honeywell Aerospace during the 2nd quarter worth $5,253,341,000. State Street Corp acquired a new position in Honeywell Aerospace during the 2nd quarter valued at about $2,945,044,000. Wellington Management Group LLP purchased a new stake in Honeywell Aerospace in the second quarter valued at about $1,705,882,000. Bank of America Corp DE purchased 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 Honeywell Aerospace in the second quarter valued at about $644,412,000.
Honeywell Aerospace Price Performance
Shares of HONA stock opened at $164.77 on Tuesday. The stock has a market cap of $52.24 billion and a price-to-earnings ratio of 88.11. The stock has a fifty day moving average price of $159.31. Honeywell Aerospace has a 1 year low of $147.40 and a 1 year high of $297.50.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.31. The firm had revenue of $4.64 billion for the quarter. Equities analysts predict that Honeywell Aerospace will post 7.93 earnings per share for the current year.
Honeywell Aerospace Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, November 13th.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. Jefferies Financial Group reissued a “hold” rating and issued a $170.00 price target on shares of Honeywell Aerospace in a report on Monday, November 2nd. Zacks Research upgraded shares of Honeywell Aerospace from a “strong sell” rating to a “hold” rating in a report on Monday, November 2nd. Wells Fargo & Company set a $195.00 price objective on shares of Honeywell Aerospace in a research report on Monday, August 10th. BNP Paribas Exane lowered their target price on shares of Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. Finally, Argus set a $210.00 target price on shares of Honeywell Aerospace in a research report on Friday, October 9th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $196.47.
Check Out Our Latest Research Report on Honeywell Aerospace
Honeywell Aerospace News Roundup
Here are the key news stories impacting Honeywell Aerospace this week:
- Neutral Sentiment: An article also reported unusually high options volume but provided no details that clarify whether trading reflects bullish or bearish positioning. Honeywell Aerospace Sees Unusually High Options Volume
- Negative Sentiment: Multiple law firms reminded investors that November 23 is the deadline to seek lead-plaintiff status in a class action covering purchases from June 29 through September 1, 2026. The lawsuit alleges Honeywell Aerospace made misleading statements; one notice alleges supplier constraints affecting roughly 2% of suppliers hindered hundreds of millions of dollars in revenue output. The claims are allegations, not established findings, but the litigation and related uncertainty are potential negatives for HONA. Honeywell Aerospace shareholder alert Class-action announcement and deadline
About Honeywell Aerospace
Honeywell Aerospace develops and supplies systems and services for commercial aviation, business and general aviation, defense, and space customers. Its offerings include aircraft engines and auxiliary power units, avionics, flight-control and navigation systems, connectivity and safety technologies, and aircraft wheels and brakes.
The company also provides maintenance, repair, overhaul, and other aftermarket support for aircraft equipment. Its customers include aircraft manufacturers, airlines, business-jet operators, and government and defense organizations around the world.
Honeywell Aerospace grew out of Honeywell International’s aerospace business, which built on the company’s long-standing work in aviation technologies.
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