Confluence Investment Management LLC increased its holdings in Honeywell Aerospace (NASDAQ:HONA – Free Report) by 77.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 426,663 shares of the company’s stock after acquiring an additional 185,601 shares during the period. Confluence Investment Management LLC owned about 0.13% of Honeywell Aerospace worth $66,120,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Coastline Trust Co acquired a new position in shares of Honeywell Aerospace in the 3rd quarter valued at about $797,000. Cim Investment Management Inc. purchased a new position in Honeywell Aerospace during the second quarter valued at approximately $305,000. QRG Capital Management Inc. acquired a new position in Honeywell Aerospace in the 2nd quarter valued at approximately $5,934,000. Envestnet Portfolio Solutions Inc. purchased a new stake in Honeywell Aerospace in the 2nd quarter worth approximately $3,693,000. Finally, State Street Corp purchased a new stake in Honeywell Aerospace in the 2nd quarter worth approximately $2,945,044,000.
More Honeywell Aerospace News
Here are the key news stories impacting Honeywell Aerospace this week:
- Negative Sentiment: The underlying lawsuit alleges Honeywell Aerospace failed to disclose that a small group of suppliers—approximately 2%—had a disproportionate effect on sales before the company cut its outlook. Such allegations raise concerns about supply-chain concentration and the reliability of prior guidance. SueWallSt shareholder alert
- Negative Sentiment: Another allegation centers on cybersecurity compliance tied to a Department of Defense contract and claimed Justice Department scrutiny, which was reportedly resolved for more than $2 million on September 1. The issue could increase legal, compliance and government-contracting risks. Levi & Korsinsky shareholder notice
- Negative Sentiment: Investor notices reference a sharp earnings shortfall: second-quarter net income was reported at $256 million versus analysts’ modeled $684 million, followed by a full-year guidance reduction. That combination is the primary fundamental reason the stock has weakened and may continue to weigh on valuation. Levi & Korsinsky HONA shareholder alert
- Neutral Sentiment: Multiple firms are soliciting investors to seek lead-plaintiff status, generally by November 23, 2026; one notice cites an October 30 deadline. These announcements largely repeat the same case rather than representing separate lawsuits or new company disclosures, but they keep litigation risk in focus. Bronstein Gewirtz & Grossman class action notice
Honeywell Aerospace Price Performance
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last posted its earnings results on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The business had revenue of $4.35 billion for the quarter. As a group, equities analysts predict that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.
Wall Street Analyst Weigh In
HONA has been the topic of several research analyst reports. BMO Capital Markets lowered their price target on shares of Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating on the stock in a report on Monday, August 10th. Wall Street Zen raised Honeywell Aerospace to a “hold” rating in a research report on Sunday, July 12th. BNP Paribas Exane lowered their target price on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Morgan Stanley raised Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 target price on the stock in a research report on Wednesday, August 19th. Finally, Royal Bank Of Canada reduced their price target on Honeywell Aerospace from $300.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday, August 6th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $219.29.
View Our Latest Report on HONA
Honeywell Aerospace Profile
Honeywell Aerospace is an aerospace and defense technology company that develops systems and equipment for commercial aircraft, business and general aviation, military platforms, and spacecraft. Its portfolio includes aircraft engines and propulsion systems, auxiliary power units, avionics, flight controls, environmental control systems, electrical power systems, landing systems, communications technology, and aircraft safety products.
The company also provides software, connected-aircraft technologies, maintenance, repair and overhaul services, spare parts, upgrades, and other aftermarket support.
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