Schmidt P J Investment Management Inc. raised its holdings in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) by 106.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 22,178 shares of the company’s stock after acquiring an additional 11,417 shares during the period. Schmidt P J Investment Management Inc.’s holdings in Honeywell Aerospace were worth $3,437,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of HONA. BlackRock Inc. purchased a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at $5,253,341,000. State Street Corp purchased a new position in Honeywell Aerospace in the second quarter worth $2,945,044,000. Wellington Management Group LLP bought a new position in Honeywell Aerospace in the second quarter valued at $1,705,882,000. Bank of America Corp DE bought a new position in Honeywell Aerospace in the second quarter valued at $1,034,187,000. Finally, Bank of New York Mellon Corp bought a new position in Honeywell Aerospace in the second quarter valued at $644,412,000.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the company. UBS Group dropped their price target on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. TD Cowen cut their price objective on shares of Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating for the company in a research note on Friday, October 9th. BMO Capital Markets lowered shares of Honeywell Aerospace from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $213.00 to $181.00 in a report on Friday, October 30th. JPMorgan Chase & Co. decreased their target price on shares of Honeywell Aerospace from $235.00 to $210.00 and set a “neutral” rating on the stock in a research report on Thursday, October 29th. Finally, Royal Bank Of Canada decreased their target price on shares of Honeywell Aerospace from $250.00 to $210.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Honeywell Aerospace has an average rating of “Hold” and a consensus target price of $196.47.
Honeywell Aerospace News Summary
Here are the key news stories impacting Honeywell Aerospace this week:
- Positive Sentiment: Zacks Research upgraded HONA from “strong sell” to “hold.” The change is a modest improvement in analyst sentiment, though the rating remains cautious. Read More.
- Positive Sentiment: A report says Honeywell Aerospace is building a $500 million manufacturing expansion in Tempe. The project could add capacity and support longer-term growth, though the provided report details are limited. Read More.
- Negative Sentiment: Several law firms publicized a pending securities class action and the November 23 lead-plaintiff deadline for investors who bought HONA shares between June 29 and September 1, 2026. The notices repeat allegations that the company misrepresented supplier concentration—claiming roughly 2% of suppliers had a disproportionate impact on sales before guidance was cut—and, in another account, failed to disclose scrutiny over cybersecurity compliance on a Defense Department contract. These are allegations, not established findings; the repeated alerts nevertheless add legal and reputational risk to the outlook. Read More. Read More.
Honeywell Aerospace Trading Down 0.7%
NASDAQ:HONA opened at $156.39 on Thursday. The company has a market capitalization of $49.58 billion and a PE ratio of 83.63. The firm has a fifty day moving average of $159.70. Honeywell Aerospace has a twelve month low of $149.19 and a twelve month high of $297.50.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.31. The company had revenue of $4.64 billion for the quarter. Analysts predict that Honeywell Aerospace will post 7.93 earnings per share for the current fiscal year.
Honeywell Aerospace Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be paid 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 dividend yield of 1.0%.
Honeywell Aerospace 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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