Honeywell Aerospace (NASDAQ:HONA) Trading Down 23.2% After Earnings Miss

Posted by Geri Gentry on Aug 6th, 2026

Honeywell Aerospace (NASDAQ:HONA – Get Free Report) shares traded down 23.2% on Thursday after the company announced weaker than expected quarterly earnings. The company traded as low as $150.03 and last traded at $156.47. Approximately 20,569,070 shares changed hands during mid-day trading, an increase of 513% from the average daily volume of 3,357,019 shares. The stock had previously closed at $203.64.

The company reported $6,340,000.00 earnings per share for the quarter. The firm had revenue of $4.35 billion for the quarter.

More Honeywell Aerospace News

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

Positive Sentiment: Second-quarter sales increased 5% year over year to approximately $4.52 billion, while the company cited strong aftermarket demand and backlog growth. Honeywell also maintained its second-half free-cash-flow guidance. Honeywell Aerospace reports second quarter results; updates 2026 outlook
Positive Sentiment: Honeywell Aerospace continues to benefit from aerospace and defense demand, including a fleetwide weather-radar upgrade agreement with Omni Taxi Aereo. Honeywell Aerospace wins fleetwide weather radar upgrade from Omni Taxi Aereo
Neutral Sentiment: BNP Paribas Exane maintained a Neutral rating but lowered its price target from $245 to $210. Evercore ISI also kept an In-Line rating while reducing its target to $210, reflecting lower expectations rather than an outright bearish call. Why Is Honeywell Aerospace Stock Falling on Thursday?
Negative Sentiment: Adjusted second-quarter EPS was $1.87, below the $2.07 consensus estimate, and revenue also fell short of expectations. Supply constraints, including casting shortages, limited shipments and particularly weakened the aftermarket business. Honeywell Aerospace Q2 Earnings Miss Estimates
Negative Sentiment: Honeywell reduced its 2026 organic sales-growth outlook to 4%–5% and issued adjusted EPS guidance of $7.60–$7.90. The cut suggests that supply-chain bottlenecks and cost pressures may persist, leaving the newly spun-off company “behind the curve” compared with broader sector demand. Honeywell Aerospace shares tank as sales forecast cut, profit miss disappoint
Negative Sentiment: A securities-fraud investigation announced by a law firm is adding negative headlines and potential legal uncertainty, although the announcement is an investor solicitation and does not establish wrongdoing. Securities Fraud Investigation Into Honeywell Aerospace Announced

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. UBS Group lowered their price target on shares of Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a research report on Thursday. Wall Street Zen raised shares of Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. Evercore set a $210.00 price target on Honeywell Aerospace in a report on Thursday. Morgan Stanley set a $235.00 price objective on Honeywell Aerospace in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company started coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They issued an “equal weight” rating and a $250.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Honeywell Aerospace presently has a consensus rating of “Hold” and a consensus price target of $241.83.

View Our Latest Report on HONA

Hedge Funds Weigh In On Honeywell Aerospace

Institutional investors have recently added to or reduced their stakes in the business. Trifecta Capital Advisors LLC purchased a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at about $67,000. Kelleher Financial Advisors purchased a new position in shares of Honeywell Aerospace during the second quarter worth about $78,000. One Wealth Advisors LLC bought a new position in shares of Honeywell Aerospace in the second quarter worth approximately $210,000. Bridgewater Advisors Inc. bought a new position in shares of Honeywell Aerospace in the second quarter worth approximately $236,000. Finally, Silverlake Wealth Management LLC purchased a new stake in Honeywell Aerospace in the second quarter valued at approximately $252,000.

Honeywell Aerospace Trading Down 23.2%

Honeywell Aerospace Company Profile

(Get Free Report)

Honeywell Aerospace Inc manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. The company offers actuation products, air and thermal management products, auxiliary power units, cabin management and entertainment products, cockpit systems and displays, electric power products, engines, health and usage monitoring products, lighting products, microelectronics, navigation products and radios, recorders and transmitters, satellite communications, sensors, space products, terrain and traffic awareness, vehicle turbochargers, weather radars, and wheels and braking systems.