Mirae Asset Global Investments Co. Ltd. purchased a new stake in Honeywell Aerospace (NASDAQ:HONA – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 224,222 shares of the company’s stock, valued at approximately $34,748,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.07% of Honeywell Aerospace as of its most recent filing with the SEC.
Other large investors have also recently modified their holdings of the company. ARQ Wealth Advisors LLC acquired a new stake in Honeywell Aerospace in the third quarter valued at approximately $252,000. SFE Investment Counsel grew its holdings in Honeywell Aerospace by 305.2% in the third quarter. SFE Investment Counsel now owns 54,624 shares of the company’s stock worth $8,465,000 after purchasing an additional 41,142 shares during the last quarter. ProShare Advisors LLC grew its holdings in Honeywell Aerospace by 2.6% in the third quarter. ProShare Advisors LLC now owns 355,143 shares of the company’s stock worth $55,037,000 after purchasing an additional 8,900 shares during the last quarter. Investment Partners LTD. increased its position in shares of Honeywell Aerospace by 60.3% during the third quarter. Investment Partners LTD. now owns 1,831 shares of the company’s stock worth $284,000 after purchasing an additional 689 shares in the last quarter. Finally, Cidel Asset Management Inc. increased its position in shares of Honeywell Aerospace by 6.8% during the third quarter. Cidel Asset Management Inc. now owns 2,389 shares of the company’s stock worth $370,000 after purchasing an additional 152 shares in the last quarter.
Honeywell Aerospace Price Performance
Shares of NASDAQ:HONA opened at $154.15 on Monday. The firm has a 50 day moving average of $159.99. Honeywell Aerospace has a 12-month low of $149.19 and a 12-month high of $297.50. The firm has a market capitalization of $48.87 billion and a P/E ratio of 82.43.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) 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 business had revenue of $4.64 billion during the quarter. On average, equities research analysts anticipate that Honeywell Aerospace will post 7.90 EPS for the current year.
Honeywell Aerospace Dividend Announcement
The firm also recently disclosed 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. The ex-dividend date is Friday, November 13th. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%.
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
Analysts Set New Price Targets
HONA has been the subject of a number of recent analyst reports. Jefferies Financial Group set a $175.00 price objective on Honeywell Aerospace and gave the stock a “hold” rating in a research report on Sunday, August 9th. Wall Street Zen raised Honeywell Aerospace to a “hold” rating in a research report on Sunday, July 12th. JPMorgan Chase & Co. reduced their target price on Honeywell Aerospace from $235.00 to $210.00 and set a “neutral” rating on the stock in a research report on Thursday. Susquehanna initiated coverage on Honeywell Aerospace in a research note on Thursday, September 17th. They issued a “positive” rating and a $190.00 price target for the company. Finally, TD Cowen lowered their price target on Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating for the company in a report on Friday, October 9th. Four research analysts have rated the stock with a Buy rating, twelve have issued 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.
Get Our Latest Analysis on Honeywell Aerospace
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.
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