The Goldman Sachs Group Begins Coverage on Honeywell Aerospace (NASDAQ:HONA)

Stock analysts at The Goldman Sachs Group assumed coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a report issued on Wednesday, Marketbeat reports. The firm set a “neutral” rating and a $190.00 price target on the stock. The Goldman Sachs Group’s price target would indicate a potential upside of 24.13% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Morgan Stanley upgraded Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price objective for the company in a research report on Wednesday, August 19th. Melius Research set a $190.00 target price on Honeywell Aerospace in a report on Monday, September 14th. Wall Street Zen upgraded Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. Vertical Research began coverage on Honeywell Aerospace in a report on Wednesday, July 1st. They set a “hold” rating and a $243.00 price objective for the company. Finally, UBS Group dropped their target price on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Six analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $217.33.

Honeywell Aerospace Stock Performance

NASDAQ:HONA opened at $153.07 on Wednesday. The firm has a market capitalization of $48.52 billion and a price-to-earnings ratio of 81.86. Honeywell Aerospace has a 12 month low of $149.19 and a 12 month high of $297.50. The company has a 50-day moving average price of $165.25.

Honeywell Aerospace (NASDAQ:HONA) last announced its earnings results on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The business had revenue of $4.35 billion during the quarter. Analysts expect that Honeywell Aerospace will post 7.75 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Venture Visionary Partners LLC acquired a new position in shares of Honeywell Aerospace during the 3rd quarter worth about $1,366,000. KFA Private Wealth Group LLC acquired a new position in Honeywell Aerospace during the third quarter worth approximately $212,000. Cox Capital Mgt LLC raised its stake in Honeywell Aerospace by 161.8% in the third quarter. Cox Capital Mgt LLC now owns 12,590 shares of the company’s stock valued at $1,951,000 after buying an additional 7,781 shares during the period. Cooper Financial Group raised its stake in Honeywell Aerospace by 156.3% in the third quarter. Cooper Financial Group now owns 5,769 shares of the company’s stock valued at $894,000 after buying an additional 3,518 shares during the period. Finally, Canandaigua National Bank & Trust Co. acquired a new stake in shares of Honeywell Aerospace in the third quarter valued at approximately $1,187,000.

Honeywell Aerospace News Summary

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

• Neutral Sentiment: The numerous notices largely repeat the same lawsuit information rather than announcing a new operational development. The proposed class covers investors who purchased HONA securities between June 29 and September 1, 2026. Rosen class action deadline notice
• Negative Sentiment: The complaint alleges Honeywell Aerospace failed to disclose that roughly 2% of its suppliers constrained hundreds of millions of dollars in output and that a False Claims Act investigation was pending. These allegations have not been established in court, but they raise risks of litigation costs, damages, regulatory scrutiny and management distraction. Levi and Korsinsky shareholder alert
• Negative Sentiment: The legal notices cite a cumulative 24.26% decline in HONA across two unusually heavy-volume selloffs, suggesting investors have already reacted sharply to the alleged supply and disclosure issues. Shares are trading near the 52-week low of $149.19 and below the 50-day moving average of $165.25, while the elevated price-to-earnings ratio of 81.86 leaves less room for disappointing results or additional legal developments. Faruqi and Faruqi shareholder action reminder

About Honeywell Aerospace

Honeywell Aerospace is an aerospace and defense technology company that develops systems and equipment for commercial aircraft, business and general aviation, military platforms, and spacecraft. Its portfolio includes aircraft engines and propulsion systems, auxiliary power units, avionics, flight controls, environmental control systems, electrical power systems, landing systems, communications technology, and aircraft safety products.

The company also provides software, connected-aircraft technologies, maintenance, repair and overhaul services, spare parts, upgrades, and other aftermarket support.