Honeywell Aerospace $HONA Stock Sold by Beutel Goodman & Co Ltd.

Beutel Goodman & Co Ltd. reduced its position in shares of Honeywell Aerospace (NASDAQ:HONA) by 55.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,736 shares of the company’s stock after selling 5,837 shares during the period. Beutel Goodman & Co Ltd.’s holdings in Honeywell Aerospace were worth $733,000 as of its most recent SEC filing.

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

Honeywell Aerospace Trading Up 7.7%

HONA opened at $164.77 on Tuesday. Honeywell Aerospace has a 1-year low of $147.40 and a 1-year high of $297.50. The firm has a market cap of $52.24 billion and a PE ratio of 88.11. The stock has a 50 day moving average price of $159.31.

Honeywell Aerospace (NASDAQ:HONA) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.31. The firm had revenue of $4.64 billion for the quarter. As a group, equities analysts expect that Honeywell Aerospace will post 7.93 earnings per share for the current fiscal year.

Honeywell Aerospace Dividend Announcement

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

Honeywell Aerospace News Summary

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

• Neutral Sentiment: An article also reported unusually high options volume but provided no details that clarify whether trading reflects bullish or bearish positioning. Honeywell Aerospace Sees Unusually High Options Volume
• Negative Sentiment: Multiple law firms reminded investors that November 23 is the deadline to seek lead-plaintiff status in a class action covering purchases from June 29 through September 1, 2026. The lawsuit alleges Honeywell Aerospace made misleading statements; one notice alleges supplier constraints affecting roughly 2% of suppliers hindered hundreds of millions of dollars in revenue output. The claims are allegations, not established findings, but the litigation and related uncertainty are potential negatives for HONA. Honeywell Aerospace shareholder alert Class-action announcement and deadline

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. BMO Capital Markets lowered shares of Honeywell Aerospace from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $213.00 to $181.00 in a research report on Friday, October 30th. Royal Bank Of Canada cut their price target on shares of Honeywell Aerospace from $250.00 to $210.00 and set an “outperform” rating for the company in a report on Thursday, October 15th. Jefferies Financial Group reiterated a “hold” rating and issued a $170.00 price target on shares of Honeywell Aerospace in a report on Monday, November 2nd. TD Cowen reduced their price objective on shares of Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating for the company in a research note on Friday, October 9th. Finally, Weiss Ratings raised shares of Honeywell Aerospace from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, October 30th. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Honeywell Aerospace currently has a consensus rating of “Hold” and an average price target of $196.47.

Honeywell Aerospace Profile

Honeywell Aerospace develops and supplies systems and services for commercial aviation, business and general aviation, defense, and space customers. Its offerings include aircraft engines and auxiliary power units, avionics, flight-control and navigation systems, connectivity and safety technologies, and aircraft wheels and brakes.

The company also provides maintenance, repair, overhaul, and other aftermarket support for aircraft equipment. Its customers include aircraft manufacturers, airlines, business-jet operators, and government and defense organizations around the world.

Honeywell Aerospace grew out of Honeywell International’s aerospace business, which built on the company’s long-standing work in aviation technologies.