Private Wealth Partners LLC grew its stake in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) by 30.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 98,845 shares of the company’s stock after purchasing an additional 23,308 shares during the quarter. Honeywell Aerospace makes up about 1.0% of Private Wealth Partners LLC’s holdings, making the stock its 25th biggest position. Private Wealth Partners LLC’s holdings in Honeywell Aerospace were worth $15,318,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Honeywell Aerospace in the 2nd quarter valued at $5,253,341,000. State Street Corp purchased a new position in shares of Honeywell Aerospace in the 2nd quarter valued at $2,945,044,000. Wellington Management Group LLP acquired a new stake in Honeywell Aerospace during the 2nd quarter worth $1,705,882,000. Bank of America Corp DE acquired a new stake in Honeywell Aerospace during the 2nd quarter worth $1,034,187,000. Finally, Bank of New York Mellon Corp purchased a new stake in Honeywell Aerospace in the second quarter valued at $644,412,000.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on HONA shares. Susquehanna began coverage on shares of Honeywell Aerospace in a research note on Thursday, September 17th. They issued a “positive” rating and a $190.00 price objective for the company. The Goldman Sachs Group started coverage on Honeywell Aerospace in a research report on Wednesday, October 7th. They set a “neutral” rating and a $190.00 target price on the stock. Jefferies Financial Group set a $175.00 target price on Honeywell Aerospace and gave the company a “hold” rating in a report on Sunday, August 9th. Royal Bank Of Canada decreased their target price on Honeywell Aerospace from $250.00 to $210.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th. Finally, Morgan Stanley upgraded Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price target on the stock in a research note on Wednesday, August 19th. Five research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Honeywell Aerospace currently has a consensus rating of “Hold” and a consensus target price of $201.93.
View Our Latest Stock Analysis on HONA
Honeywell Aerospace Price Performance
Shares of HONA traded up $0.29 during mid-day trading on Friday, hitting $163.31. 3,360,242 shares of the company’s stock were exchanged, compared to its average volume of 2,553,468. Honeywell Aerospace has a fifty-two week low of $149.19 and a fifty-two week high of $297.50. The company has a 50 day simple moving average of $159.84. The stock has a market cap of $51.76 billion and a price-to-earnings ratio of 87.33.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last issued its quarterly earnings results 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 during the quarter. On average, analysts expect that Honeywell Aerospace will post 7.77 earnings per share for the current year.
Key Headlines Impacting Honeywell Aerospace
Here are the key news stories impacting Honeywell Aerospace this week:
- Positive Sentiment: Some analysts and investment commentary view Honeywell Aerospace as undervalued based on cash-flow generation and believe its high-margin aerospace platform could support a post-spin-off re-rating relative to peers such as GE Aerospace and RTX. Honeywell Aerospace Stock Looks Below Fair Value on Cash Flow Honeywell Aerospace versus GE and RTX
- Positive Sentiment: A Broyhill Asset Management investor letter highlighted Honeywell Aerospace as a durable competitive investment, supporting the longer-term thesis around the company’s aerospace capabilities, although the firm’s broader portfolio underperformed its benchmark during the quarter. What Makes Honeywell Aerospace a Durable Competitive Bet
- Neutral Sentiment: Honeywell Aerospace is expected to report third-quarter results next week. Analysts reportedly anticipate a double-digit earnings decline, making the outlook and management commentary on demand, margins, and guidance important near-term catalysts. Honeywell Aerospace Earnings Preview
- Negative Sentiment: Several law firms publicized a pending securities-fraud class action involving investors who purchased HONA shares during portions of June 9 or June 29 through September 1, 2026. The notices cite a November 23 lead-plaintiff deadline and could weigh on sentiment by increasing perceived legal, financial, and reputational risks, although the allegations have not been proven. HONA Securities Fraud Lawsuit Notice HONA Investor Deadline
Honeywell Aerospace Profile
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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