Beutel Goodman & Co Ltd. decreased its position in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) by 55.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,736 shares of the company’s stock after selling 5,837 shares during the quarter. Beutel Goodman & Co Ltd.’s holdings in Honeywell Aerospace were worth $733,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in Honeywell Aerospace in the 2nd quarter valued at about $5,253,341,000. State Street Corp acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at $2,945,044,000. Wellington Management Group LLP acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at $1,705,882,000. Bank of America Corp DE purchased a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at $1,034,187,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at $644,412,000.
Analyst Upgrades and Downgrades
HONA has been the subject of a number of research analyst reports. The Goldman Sachs Group started coverage on Honeywell Aerospace in a report on Wednesday, October 7th. They set a “neutral” rating and a $190.00 target price for the company. TD Cowen dropped their target price on Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, October 9th. Melius Research set a $190.00 target price on Honeywell Aerospace in a research report on Monday, September 14th. UBS Group decreased their target price on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Finally, Morgan Stanley raised Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price target for the company in a report on Wednesday, August 19th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $196.47.
View Our Latest Research Report on Honeywell Aerospace
Trending Headlines about Honeywell Aerospace
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
Honeywell Aerospace Trading Up 7.7%
Shares of HONA opened at $164.77 on Tuesday. Honeywell Aerospace has a 1-year low of $147.40 and a 1-year high of $297.50. The stock has a market capitalization of $52.24 billion and a PE ratio of 88.11. The company has a fifty day moving average of $159.31.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.31. The company had revenue of $4.64 billion during the quarter. On average, analysts anticipate that Honeywell Aerospace will post 7.93 earnings per share for the current fiscal year.
Honeywell Aerospace Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%.
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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