SFE Investment Counsel raised its stake in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) by 305.2% during the 3rd quarter, Holdings Channel reports. The fund owned 54,624 shares of the company’s stock after purchasing an additional 41,142 shares during the period. Honeywell Aerospace comprises approximately 1.2% of SFE Investment Counsel’s holdings, making the stock its 29th largest position. SFE Investment Counsel’s holdings in Honeywell Aerospace were worth $8,465,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently added to or reduced their stakes in the stock. Ameliora Wealth Management Ltd. purchased a new position in shares of Honeywell Aerospace in the 2nd quarter worth approximately $25,000. Leo H. Evart Inc. bought a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $26,000. Outlook Capital Management LLC purchased a new stake in Honeywell Aerospace during the second quarter valued at approximately $26,000. Security National Bank of SO Dak acquired a new stake in Honeywell Aerospace in the second quarter valued at approximately $27,000. Finally, Cherry Tree Wealth Management LLC acquired a new stake in Honeywell Aerospace in the second quarter valued at approximately $28,000.
Honeywell Aerospace Trading Down 3.7%
Shares of Honeywell Aerospace stock opened at $154.15 on Friday. The stock has a market capitalization of $48.87 billion and a PE ratio of 82.43. The business’s fifty day simple moving average is $159.99. Honeywell Aerospace has a 1 year low of $149.19 and a 1 year 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 the consensus estimate of $1.90 by $0.31. The business had revenue of $4.64 billion during the quarter. On average, analysts predict that Honeywell Aerospace will post 7.90 earnings per share for the current fiscal year.
Honeywell Aerospace Dividend Announcement
The business 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 $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 yield of 1.0%.
Analysts Set New Price Targets
A number of research firms have commented on HONA. Wells Fargo & Company set a $195.00 price target on Honeywell Aerospace in a research note on Monday, August 10th. Susquehanna began coverage on shares of Honeywell Aerospace in a research note on Thursday, September 17th. They set a “positive” rating and a $190.00 price objective for the company. Royal Bank Of Canada dropped their price objective on shares of Honeywell Aerospace from $250.00 to $210.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Weiss Ratings raised Honeywell Aerospace from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. Finally, Melius Research set a $190.00 target price on Honeywell Aerospace in a research note on Monday, September 14th. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Honeywell Aerospace currently has a consensus rating of “Hold” and an average price target of $196.80.
Get Our Latest Stock Report on HONA
Key Headlines Impacting Honeywell Aerospace
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
About Honeywell Aerospace
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.
Featured Articles
- Five stocks we like better than Honeywell Aerospace
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Want to see what other hedge funds are holding HONA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell Aerospace (NASDAQ:HONA – Free Report).
Receive News & Ratings for Honeywell Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.
-etf-logo-1200x675.png){kind=logo}
