Kornitzer Capital Management Inc. KS decreased its stake in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) by 41.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,107 shares of the company’s stock after selling 5,135 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Honeywell Aerospace were worth $1,101,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in HONA. Ironvine Capital Partners LLC bought a new position in shares of Honeywell Aerospace during the 2nd quarter worth $10,452,000. CHICAGO TRUST Co NA bought a new stake in shares of Honeywell Aerospace in the third quarter valued at about $1,119,000. Sequoia Financial Advisors LLC bought a new stake in shares of Honeywell Aerospace in the second quarter valued at about $24,175,000. Whitener Capital Management Inc. bought a new stake in shares of Honeywell Aerospace in the third quarter valued at about $3,457,000. Finally, Farther Finance Advisors LLC purchased a new stake in Honeywell Aerospace in the third quarter worth about $3,635,000.
Key Stories Impacting Honeywell Aerospace
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
Honeywell Aerospace Stock Performance
Shares of HONA stock opened at $164.77 on Tuesday. The company’s 50-day moving average is $159.31. Honeywell Aerospace has a 1-year low of $147.40 and a 1-year high of $297.50. The company has a market capitalization of $52.24 billion and a P/E ratio of 88.11.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last announced its earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.31. The firm had revenue of $4.64 billion during the quarter. On average, sell-side analysts predict that Honeywell Aerospace will post 7.93 EPS for the current fiscal year.
Honeywell Aerospace Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be given 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%.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on HONA shares. UBS Group dropped their target price on shares of Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Morgan Stanley raised shares of Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price target for the company in a research report on Wednesday, August 19th. 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 research note on Thursday, October 15th. 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 on the stock. Finally, The Goldman Sachs Group assumed coverage on shares of Honeywell Aerospace in a report on Wednesday, October 7th. They set a “neutral” rating and a $190.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $196.47.
View Our Latest Stock Report on Honeywell Aerospace
About Honeywell Aerospace
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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