BMO Capital Markets cut shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) from an outperform rating to a market perform rating in a report issued on Friday, Marketbeat.com reports. They currently have $181.00 target price on the stock, down from their previous target price of $213.00.
Several other analysts also recently commented on HONA. Argus set a $210.00 target price on Honeywell Aerospace in a research note on Friday, October 9th. The Goldman Sachs Group initiated coverage on shares of Honeywell Aerospace in a report on Wednesday, October 7th. They set a “neutral” rating and a $190.00 price objective for the company. BNP Paribas Exane dropped their target price on shares of Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating on the stock in a report on Tuesday, October 6th. TD Cowen cut their target price on shares of Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating for the company in a research report on Friday, October 9th. Finally, Wall Street Zen raised Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. Four analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $196.80.
View Our Latest Stock Report on Honeywell Aerospace
Honeywell Aerospace Price Performance
Shares of Honeywell Aerospace stock opened at $154.15 on Friday. The business has a 50-day moving average price of $159.99. The stock has a market capitalization of $48.87 billion and a PE ratio of 82.43. Honeywell Aerospace has a 52-week low of $149.19 and a 52-week high of $297.50.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.31. The firm had revenue of $4.64 billion for the quarter. On average, research analysts forecast that Honeywell Aerospace will post 7.90 earnings per share for the current fiscal year.
Honeywell Aerospace Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%.
Institutional Trading of Honeywell Aerospace
Several institutional investors have recently made changes to their positions in HONA. Washington Trust Advisors Inc. increased its holdings in shares of Honeywell Aerospace by 13.4% in the third quarter. Washington Trust Advisors Inc. now owns 523 shares of the company’s stock worth $81,000 after purchasing an additional 62 shares during the last quarter. Summit Wealth Group LLC Co. increased its stake in Honeywell Aerospace by 5.2% during the third quarter. Summit Wealth Group LLC Co. now owns 1,387 shares of the company’s stock worth $215,000 after acquiring an additional 69 shares during the last quarter. BIP Wealth LLC increased its stake in Honeywell Aerospace by 2.2% during the third quarter. BIP Wealth LLC now owns 3,297 shares of the company’s stock worth $511,000 after acquiring an additional 70 shares during the last quarter. Acropolis Investment Management LLC raised its position in Honeywell Aerospace by 10.0% during the third quarter. Acropolis Investment Management LLC now owns 838 shares of the company’s stock valued at $130,000 after purchasing an additional 76 shares during the period. Finally, Welch Group LLC lifted its stake in shares of Honeywell Aerospace by 2.4% in the 3rd quarter. Welch Group LLC now owns 3,875 shares of the company’s stock valued at $601,000 after purchasing an additional 89 shares during the last quarter.
Honeywell Aerospace News Summary
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.
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