Greenleaf Trust bought a new stake in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 51,695 shares of the company’s stock, valued at approximately $8,011,000.
Several other large investors also recently added to or reduced their stakes in HONA. Hoey Investments Inc. bought a new stake in shares of Honeywell Aerospace during the third quarter valued at approximately $168,000. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Honeywell Aerospace by 158.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 765,183 shares of the company’s stock worth $118,580,000 after buying an additional 468,664 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Honeywell Aerospace during the third quarter valued at $34,748,000. ARQ Wealth Advisors LLC bought a new stake in shares of Honeywell Aerospace in the third quarter valued at about $252,000. Finally, SFE Investment Counsel lifted its stake 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 acquiring an additional 41,142 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 Stock Performance
Shares of Honeywell Aerospace stock opened at $154.15 on Monday. The stock has a market cap of $48.87 billion and a price-to-earnings ratio of 82.43. Honeywell Aerospace has a twelve month low of $149.19 and a twelve month high of $297.50. The company has a 50-day simple moving average of $159.99.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, beating the consensus estimate of $1.90 by $0.31. The business had revenue of $4.64 billion during the quarter. Sell-side analysts anticipate that Honeywell Aerospace will post 7.90 earnings per share for the current fiscal year.
Honeywell Aerospace Announces Dividend
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 paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%.
Wall Street Analyst Weigh In
HONA has been the subject of several research reports. Evercore set a $210.00 price target on shares of Honeywell Aerospace in a research report on Thursday, August 6th. Susquehanna assumed coverage on shares of Honeywell Aerospace in a research report on Thursday, September 17th. They issued a “positive” rating and a $190.00 price objective for the company. UBS Group decreased their target price on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Argus set a $210.00 target price on Honeywell Aerospace in a research report on Friday, October 9th. Finally, Zacks Research lowered shares of Honeywell Aerospace from a “hold” rating to a “strong sell” rating in a research report on Monday, September 14th. Four research 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, Honeywell Aerospace presently has an average rating of “Hold” and a consensus price target of $196.80.
Check Out Our Latest Report on HONA
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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