Honeywell Aerospace (NASDAQ:HONA) Trading 7.7% Higher – Should You Buy?

Honeywell Aerospace (NASDAQ:HONA) shares shot up 7.7% on Friday . The company traded as high as $168.88 and last traded at $168.51. Approximately 8,023,824 shares changed hands during mid-day trading, an increase of 130% from the average daily volume of 3,491,198 shares. The stock had previously closed at $156.47.

Honeywell Aerospace News Roundup

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

• Positive Sentiment: Second-quarter sales increased 5% year over year to approximately $4.52 billion, while strong aftermarket demand and backlog growth suggest that underlying aerospace demand remains healthy. The company also maintained its second-half free-cash-flow guidance. Honeywell Aerospace reports second quarter results; updates 2026 outlook
• Positive Sentiment: The longer-term bull case remains intact if Honeywell Aerospace can resolve production bottlenecks and capitalize on commercial and defense demand. BNP Paribas Exane’s revised $210 price target still implies substantial potential upside from recent levels, despite its Neutral rating. Honeywell Aerospace analyst price target update
• Neutral Sentiment: Honeywell Aerospace recently completed its spin-off from Honeywell Technologies, making the company’s initial standalone results and pro forma financial measures more difficult for investors to assess.
• Neutral Sentiment: Several law firms announced securities-fraud investigations and encouraged shareholders who lost money to contact them. These announcements are largely investor solicitations and do not establish wrongdoing, but they may add headline and reputational risk. Ademi LLP shareholder alert
• Negative Sentiment: Adjusted second-quarter EPS was $1.87, below the $2.07 consensus estimate, and revenue also missed expectations. Investors were particularly concerned that casting shortages and other supply problems are limiting deliveries and starving the higher-margin aftermarket business. Honeywell Aerospace shares tank as sales forecast cut, profit miss disappoint
• Negative Sentiment: Honeywell Aerospace cut its 2026 outlook, including sales-growth guidance of roughly 4%–5% and adjusted EPS guidance of $7.60–$7.90. The downgrade raised concerns that execution issues could persist even as industry demand remains strong. Honeywell Aerospace stock sinks after guidance cut
• Negative Sentiment: Analysts responded cautiously: BNP Paribas Exane lowered its price target from $245 to $210 and maintained a Neutral rating, adding to the pressure on HONA shares. Honeywell Aerospace keeps Neutral rating at BNP Paribas after earnings

Wall Street Analysts Forecast Growth

HONA has been the topic of a number of research analyst reports. Jefferies Financial Group raised shares of Honeywell Aerospace from a “hold” rating to a “positive” rating in a report on Wednesday, July 29th. Wells Fargo & Company started coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They set an “equal weight” rating and a $250.00 price objective for the company. BMO Capital Markets started coverage on shares of Honeywell Aerospace in a research report on Thursday, July 2nd. They issued an “outperform” rating and a $276.00 target price for the company. TD Cowen began coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating and a $250.00 target price on the stock. Finally, BNP Paribas Exane lowered their price target on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, Honeywell Aerospace presently has an average rating of “Hold” and a consensus target price of $239.33.

Honeywell Aerospace Stock Performance

Honeywell Aerospace (NASDAQ:HONA) last announced its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The company had revenue of $4.35 billion for the quarter. On average, equities research analysts predict that Honeywell Aerospace will post 8.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Honeywell Aerospace

Several hedge funds and other institutional investors have recently modified their holdings of the company. Silverlake Wealth Management LLC purchased a new stake in shares of Honeywell Aerospace in the 2nd quarter worth about $255,000. Kelleher Financial Advisors bought a new position in Honeywell Aerospace during the 2nd quarter valued at approximately $78,000. TFR Capital LLC. purchased a new position in shares of Honeywell Aerospace in the 2nd quarter worth about $273,000. Oppenheimer Asset Management Inc. purchased a new position in Honeywell Aerospace in the 2nd quarter worth about $8,809,000. Finally, Bryn Mawr Trust Advisors LLC bought a new position in Honeywell Aerospace during the second quarter valued at approximately $1,301,000.

About Honeywell Aerospace

Honeywell Aerospace Inc manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. The company offers actuation products, air and thermal management products, auxiliary power units, cabin management and entertainment products, cockpit systems and displays, electric power products, engines, health and usage monitoring products, lighting products, microelectronics, navigation products and radios, recorders and transmitters, satellite communications, sensors, space products, terrain and traffic awareness, vehicle turbochargers, weather radars, and wheels and braking systems.