Honeywell Aerospace (NASDAQ:HONA) Stock Gets Price Target Reduction from JPMorgan Chase & Co.

Honeywell Aerospace (NASDAQ:HONA) had its target price lowered by JPMorgan Chase & Co. from $235.00 to $210.00 in a research report sent to investors on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

A number of other research firms have also issued reports on HONA. Weiss Ratings began coverage on shares of Honeywell Aerospace in a research note on Friday, September 11th. They set a “sell (d)” rating for the company. Vertical Research initiated coverage on Honeywell Aerospace in a research report on Wednesday, July 1st. They set a “hold” rating and a $243.00 price objective for the company. Wall Street Zen upgraded Honeywell Aerospace to a “hold” rating in a research report on Sunday, July 12th. BNP Paribas Exane decreased their target price on shares of Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating for the company in a research report on Tuesday, October 6th. Finally, TD Cowen lowered their target price on shares of Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating on the stock in a research note on Friday, October 9th. Four research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Honeywell Aerospace presently has an average rating of “Hold” and an average target price of $196.80.

Honeywell Aerospace Trading Down 3.7%

Shares of HONA opened at $154.15 on Thursday. Honeywell Aerospace has a 1 year low of $149.19 and a 1 year high of $297.50. The firm has a market capitalization of $48.87 billion and a P/E ratio of 82.43. The company’s fifty day moving average price is $159.99.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 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. On average, equities analysts expect that Honeywell Aerospace will post 7.90 EPS 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 dividend of $0.40 per share. The ex-dividend date is Friday, November 13th. This represents a $1.60 annualized dividend and a dividend yield of 1.0%.

Institutional Investors Weigh In On Honeywell Aerospace

Several hedge funds and other institutional investors have recently bought and sold shares of HONA. Costello Asset Management INC lifted its holdings in Honeywell Aerospace by 23.2% in the 3rd quarter. Costello Asset Management INC now owns 25,926 shares of the company’s stock worth $4,018,000 after purchasing an additional 4,885 shares during the last quarter. Northeast Investment Management acquired a new stake in shares of Honeywell Aerospace in the third quarter worth $6,439,000. Independent Investors Inc. grew its stake in shares of Honeywell Aerospace by 279.2% in the third quarter. Independent Investors Inc. now owns 20,373 shares of the company’s stock worth $3,157,000 after acquiring an additional 15,000 shares during the last quarter. Signet Investment Advisory Group Inc. increased its position in Honeywell Aerospace by 3.5% during the third quarter. Signet Investment Advisory Group Inc. now owns 13,537 shares of the company’s stock worth $2,098,000 after acquiring an additional 464 shares during the period. Finally, 3Chopt Investment Partners LLC increased its position in Honeywell Aerospace by 16.8% during the third quarter. 3Chopt Investment Partners LLC now owns 2,960 shares of the company’s stock worth $459,000 after acquiring an additional 426 shares during the period.

Honeywell Aerospace News Roundup

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

Honeywell Aerospace Company 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.