Running Oak Capital LLC purchased a new position in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) in the third quarter, HoldingsChannel reports. The fund purchased 22,595 shares of the company’s stock, valued at approximately $3,502,000.
A number of other large investors have also recently bought and sold shares of HONA. Fulcrum Asset Management LLP bought a new position in shares of Honeywell Aerospace during the 3rd quarter worth approximately $82,000. Allspring Global Investments Holdings LLC lifted its position in shares of Honeywell Aerospace by 8.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 283,078 shares of the company’s stock worth $43,614,000 after purchasing an additional 22,599 shares in the last quarter. Beverly Hills Private Wealth LLC lifted its position in shares of Honeywell Aerospace by 30.8% in the third quarter. Beverly Hills Private Wealth LLC now owns 1,664 shares of the company’s stock worth $258,000 after purchasing an additional 392 shares in the last quarter. Hohimer Wealth Management LLC acquired a new position in Honeywell Aerospace during the third quarter worth $953,000. Finally, M Holdings Securities Inc. acquired a new position in Honeywell Aerospace during the third quarter worth $1,040,000.
Honeywell Aerospace Trading Up 7.7%
Shares of HONA opened at $164.77 on Tuesday. The company has a 50-day moving average price of $159.31. Honeywell Aerospace has a one year low of $147.40 and a one year high of $297.50. The company has a market cap of $52.24 billion and a P/E ratio of 88.11.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.31. The firm had revenue of $4.64 billion for the quarter. As a group, analysts expect that Honeywell Aerospace will post 7.93 earnings per share for the current year.
Honeywell Aerospace Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a dividend of $0.40 per share. 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 Summary
Here are the key news stories impacting Honeywell Aerospace this week:
- Neutral Sentiment: An article also reported unusually high options volume but provided no details that clarify whether trading reflects bullish or bearish positioning. Honeywell Aerospace Sees Unusually High Options Volume
- Negative Sentiment: Multiple law firms reminded investors that November 23 is the deadline to seek lead-plaintiff status in a class action covering purchases from June 29 through September 1, 2026. The lawsuit alleges Honeywell Aerospace made misleading statements; one notice alleges supplier constraints affecting roughly 2% of suppliers hindered hundreds of millions of dollars in revenue output. The claims are allegations, not established findings, but the litigation and related uncertainty are potential negatives for HONA. Honeywell Aerospace shareholder alert Class-action announcement and deadline
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on HONA. Morgan Stanley upgraded Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price objective for the company in a report on Wednesday, August 19th. BMO Capital Markets cut Honeywell Aerospace from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $213.00 to $181.00 in a research report on Friday, October 30th. BNP Paribas Exane decreased their price target on Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. TD Cowen lowered their price target on Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating on the stock in a research report on Friday, October 9th. Finally, UBS Group dropped their price objective on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Honeywell Aerospace currently has an average rating of “Hold” and a consensus price target of $196.47.
Get Our Latest Research Report on HONA
Honeywell Aerospace Company Profile
Honeywell Aerospace develops and supplies systems and services for commercial aviation, business and general aviation, defense, and space customers. Its offerings include aircraft engines and auxiliary power units, avionics, flight-control and navigation systems, connectivity and safety technologies, and aircraft wheels and brakes.
The company also provides maintenance, repair, overhaul, and other aftermarket support for aircraft equipment. Its customers include aircraft manufacturers, airlines, business-jet operators, and government and defense organizations around the world.
Honeywell Aerospace grew out of Honeywell International’s aerospace business, which built on the company’s long-standing work in aviation technologies.
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