The Goldman Sachs Group Initiates Coverage on Honeywell Aerospace (NASDAQ:HONA)

Analysts at The Goldman Sachs Group initiated coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a research report issued on Wednesday, Marketbeat reports. The brokerage set a “neutral” rating and a $190.00 price target on the stock. The Goldman Sachs Group’s price target suggests a potential upside of 23.37% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. 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 note on Wednesday, August 19th. Vertical Research started coverage on Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price objective on the stock. Wolfe Research assumed coverage on Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating on the stock. Melius Research set a $190.00 price objective on Honeywell Aerospace in a research report on Monday, September 14th. Finally, Jefferies Financial Group set a $175.00 target price on Honeywell Aerospace in a research note on Sunday, August 9th. Six equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $217.33.

Honeywell Aerospace Stock Performance

Shares of HONA stock opened at $154.01 on Wednesday. The firm’s 50-day moving average price is $164.25. The firm has a market cap of $48.81 billion and a PE ratio of 82.36. Honeywell Aerospace has a twelve month low of $149.19 and a twelve month high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last announced its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The firm had revenue of $4.35 billion during the quarter. On average, analysts expect that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.

Hedge Funds Weigh In On Honeywell Aerospace

Large investors have recently made changes to their positions in the stock. Ameliora Wealth Management Ltd. purchased a new stake in Honeywell Aerospace in the second quarter valued at approximately $25,000. Leo H. Evart Inc. purchased a new position in shares of Honeywell Aerospace during the second quarter worth $26,000. Outlook Capital Management LLC purchased a new position in shares of Honeywell Aerospace during the second quarter worth $26,000. Security National Bank of SO Dak acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at $27,000. Finally, Miller Global Investments LLC acquired a new stake in shares of Honeywell Aerospace in the third quarter valued at $27,000.

Key Headlines Impacting Honeywell Aerospace

Here are the key news stories impacting Honeywell Aerospace this week:

• Neutral Sentiment: Goldman Sachs initiated coverage with a “neutral” or “hold” rating and a $190 price target. The target implies substantial potential upside from recent levels, but analyst Noah Poponak cited strong long-term potential alongside limited near-term upside. The balanced rating is unlikely to provide a strong immediate catalyst. Goldman Sachs rating report
• Negative Sentiment: Multiple law firms publicized a securities class action against Honeywell Aerospace. The lawsuits cover investors who purchased HONA shares between June 29 and September 1, 2026, with a November 23, 2026 deadline to seek lead-plaintiff status. The repeated announcements increase visibility around the legal risk and could weigh on sentiment, although the allegations have not been proven. Bronstein Gewirtz and Grossman class action announcement
• Negative Sentiment: The allegations involve potentially undisclosed operational and regulatory issues. Plaintiffs claim Honeywell Aerospace failed to adequately disclose supplier constraints that limited hundreds of millions of dollars in output and a pending Justice Department cybersecurity or False Claims Act investigation. Investor notices allege two corrective events caused a cumulative decline of $49.40 per share during the class period. SueWallSt investor alert

About Honeywell Aerospace

Honeywell Aerospace is an aerospace and defense technology company that develops systems and equipment for commercial aircraft, business and general aviation, military platforms, and spacecraft. Its portfolio includes aircraft engines and propulsion systems, auxiliary power units, avionics, flight controls, environmental control systems, electrical power systems, landing systems, communications technology, and aircraft safety products.

The company also provides software, connected-aircraft technologies, maintenance, repair and overhaul services, spare parts, upgrades, and other aftermarket support.