Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) by 158.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 765,183 shares of the company’s stock after acquiring an additional 468,664 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.24% of Honeywell Aerospace worth $118,580,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the company. Ironvine Capital Partners LLC purchased a new stake in shares of Honeywell Aerospace during the second quarter worth $10,452,000. CHICAGO TRUST Co NA purchased a new position in shares of Honeywell Aerospace in the third quarter valued at $1,119,000. Sequoia Financial Advisors LLC purchased a new position in shares of Honeywell Aerospace in the second quarter valued at $24,175,000. Werlinich Asset Management LLC bought a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at $1,478,000. Finally, Tidal Investments LLC bought a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at $6,331,000.
Honeywell Aerospace Trading Up 2.5%
HONA opened at $157.95 on Tuesday. The company has a market capitalization of $50.06 billion and a PE ratio of 84.47. Honeywell Aerospace has a 52 week low of $149.19 and a 52 week high of $297.50. The company has a fifty day moving average price of $159.86.
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, beating analysts’ consensus estimates of $1.90 by $0.31. The business had revenue of $4.64 billion for the quarter. As a group, equities research analysts predict that Honeywell Aerospace will post 7.90 EPS for the current year.
Honeywell Aerospace Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a dividend of $0.40 per share. The ex-dividend date is Friday, November 13th. This represents a $1.60 annualized dividend and a yield of 1.0%.
Honeywell Aerospace News Summary
Here are the key news stories impacting Honeywell Aerospace this week:
- Positive Sentiment: Management is scheduled to participate in the Baird Global Industrial Conference on November 10, giving CEO Jim Currier an opportunity to address demand, supply constraints, earnings and the company’s outlook directly with investors. Honeywell Aerospace announces participation at upcoming investor conferences
- Neutral Sentiment: An earnings-call recap characterized demand as strong while noting tight supply, factors that could support future revenue but may also constrain near-term production and deliveries. Honeywell Aerospace Earnings Call: Demand Strong, Supply Tight
- Negative Sentiment: BMO Capital Markets downgraded Honeywell Aerospace to “Market Perform,” signaling reduced conviction in the stock’s near-term upside potential. Honeywell Aerospace Cut to Market Perform at BMO Capital Markets
- Negative Sentiment: Multiple law firms are soliciting investors for a securities class action covering purchases made from June 29 through September 1, 2026. The firms allege that Honeywell Aerospace’s disclosures failed to reflect business conditions accurately; these are allegations, not proven findings. Investors have until November 23 to seek lead-plaintiff status. HONA Securities Fraud Lawsuit Deadline
- Negative Sentiment: The central concern cited in the legal notices is that quarterly net income fell 70% and Honeywell Aerospace reduced its outlook only weeks after guiding to 7%–9% organic growth. That apparent gap between prior guidance and subsequent performance is likely weighing on investor confidence. Honeywell Aerospace Class Action Reminder
Analyst Upgrades and Downgrades
Several research analysts have commented on HONA shares. BNP Paribas Exane cut their target price on Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. Morgan Stanley upgraded shares of 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. Zacks Research lowered shares of Honeywell Aerospace from a “hold” rating to a “strong sell” rating in a research report on Monday, September 14th. Royal Bank Of Canada reduced their price objective on shares of Honeywell Aerospace from $250.00 to $210.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. Finally, TD Cowen decreased their target price on shares of Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, October 9th. Four analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $196.47.
Get Our Latest Stock Report on Honeywell Aerospace
About Honeywell Aerospace
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.
See Also
- Five stocks we like better than Honeywell Aerospace
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Want to see what other hedge funds are holding HONA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell Aerospace (NASDAQ:HONA – Free Report).
Receive News & Ratings for Honeywell Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.
