60,000 Shares in Honeywell Aerospace $HONA Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in shares of Honeywell Aerospace (NASDAQ:HONA) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 60,000 shares of the company’s stock, valued at approximately $9,298,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Honeywell Aerospace in the 2nd quarter valued at $5,253,341,000. State Street Corp purchased a new stake in shares of Honeywell Aerospace during the second quarter worth $2,945,044,000. Wellington Management Group LLP purchased a new stake in shares of Honeywell Aerospace during the second quarter worth $1,705,882,000. Bank of America Corp DE purchased a new stake in shares of Honeywell Aerospace during the second quarter worth $1,034,187,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at about $644,412,000.

Key Headlines Impacting Honeywell Aerospace

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

• Positive Sentiment: Honeywell Aerospace reported third-quarter revenue of approximately $4.6 billion, a 2% year-over-year increase, and adjusted EPS of $2.21, exceeding the $1.90 consensus estimate. Backlog grew 12% to $19.3 billion, supporting longer-term demand. Honeywell Aerospace Q3 Earnings Beat Estimates
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $7.85-$8.00, above the $7.77 analyst consensus, and expects stronger production growth in 2027. HONA Q3 Earnings Call Highlights
• Positive Sentiment: The company announced its first quarterly dividend of $0.40 per share and plans a roughly $500 million manufacturing expansion in Tempe, Arizona, providing shareholder returns and potential capacity growth. Honeywell Aerospace Dividend and Tempe Expansion
• Neutral Sentiment: Several law firms are publicizing a securities class-action lawsuit involving investors who purchased HONA between June 29 and September 1, with a November 23 lead-plaintiff deadline. These notices largely repeat existing information and do not establish wrongdoing, but they add headline risk. HONA Class Action Notice
• Negative Sentiment: BMO Capital Markets downgraded HONA from “outperform” to “market perform” and cut its price target to $181 from $213. JPMorgan also reduced its target to $210 from $235 and maintained a neutral rating, reinforcing investor caution. BMO Capital Markets Recommendation
• Negative Sentiment: Adjusted EBIT rose only 1%, while mechanical supplier constraints continue to limit deliveries. Tariff refunds, deal timing and higher standalone costs—including interest and separation expenses—also made the quarterly profit quality appear less robust. With HONA trading at a high earnings multiple, investors appear to be demanding faster growth than the company currently forecasts. Why Honeywell Aerospace Stock Fell

Analyst Ratings Changes

HONA has been the topic of several research reports. Jefferies Financial Group set a $175.00 price target on shares of Honeywell Aerospace and gave the stock a “hold” rating in a research note on Sunday, August 9th. Zacks Research downgraded shares of Honeywell Aerospace from a “hold” rating to a “strong sell” rating in a report on Monday, September 14th. Wells Fargo & Company set a $195.00 price objective on shares of Honeywell Aerospace in a report on Monday, August 10th. UBS Group decreased their target price on shares of Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Finally, TD Cowen lowered 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. Four research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $196.80.

Honeywell Aerospace Stock Performance

NASDAQ HONA opened at $154.15 on Friday. Honeywell Aerospace has a 52 week low of $149.19 and a 52 week high of $297.50. The business’s fifty day moving average is $159.99. The stock has a market cap of $48.87 billion and a price-to-earnings ratio of 82.43.

Honeywell Aerospace (NASDAQ:HONA) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.31. The firm had revenue of $4.64 billion for the quarter. As a group, equities research analysts expect that Honeywell Aerospace will post 7.90 earnings per share for the current fiscal year.

Honeywell Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, November 13th.

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.