Grove Bank & Trust acquired a new position in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 6,327 shares of the company’s stock, valued at approximately $980,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Ameliora Wealth Management Ltd. acquired a new position in Honeywell Aerospace during the 2nd quarter worth approximately $25,000. Leo H. Evart Inc. acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $26,000. Outlook Capital Management LLC acquired a new stake in shares of Honeywell Aerospace in the second quarter valued at approximately $26,000. Security National Bank of SO Dak bought a new stake in shares of Honeywell Aerospace in the second quarter worth $27,000. Finally, Cherry Tree Wealth Management LLC bought a new stake in shares of Honeywell Aerospace in the second quarter worth $28,000.
Honeywell Aerospace Price Performance
NASDAQ HONA traded up $0.94 on Thursday, hitting $154.01. 3,263,842 shares of the stock were exchanged, compared to its average volume of 3,640,417. The business has a fifty day simple moving average of $164.25. Honeywell Aerospace has a 52 week low of $149.19 and a 52 week high of $297.50. The stock has a market capitalization of $48.81 billion and a P/E ratio of 82.36.
Honeywell Aerospace News Summary
Here are the key news stories impacting Honeywell Aerospace this week:
- Positive Sentiment: Goldman Sachs began coverage with a Neutral rating and a $190 price target, citing Honeywell Aerospace’s long-term potential. The target suggests meaningful upside, although the Hold-equivalent rating indicates limited near-term conviction. Goldman Sachs coverage of Honeywell Aerospace
- Neutral Sentiment: Multiple law firms, including Bronstein Gewirtz & Grossman, Robbins Geller, Pomerantz, SueWallSt, Rosen, and Faruqi & Faruqi, reminded investors of a November 23, 2026 deadline to seek lead-plaintiff status in a proposed class action covering purchases from June 29 through September 1, 2026. The repeated announcements largely restate the same litigation rather than represent new operating developments. Honeywell Aerospace class-action announcement
- Negative Sentiment: The lawsuits allege Honeywell Aerospace’s SEC disclosures understated or failed to reveal that a small group of constrained suppliers were limiting hundreds of millions of dollars in output and that a Justice Department inquiry was already pending. One notice claims shareholders lost $49.40 per share across two corrective events. These are allegations, not court findings, but the litigation creates legal, reputational, and potential financial risks for HONA. SueWallSt Honeywell Aerospace securities lawsuit alert
Wall Street Analysts Forecast Growth
HONA has been the topic of several recent research reports. Wells Fargo & Company set a $195.00 price target on shares of Honeywell Aerospace in a research note on Monday, August 10th. Wall Street Zen upgraded shares of Honeywell Aerospace to a “hold” rating in a research note on Sunday, July 12th. 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. Wolfe Research assumed coverage on Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating on the stock. Finally, Argus initiated coverage on Honeywell Aerospace in a report on Thursday, July 9th. They set a “buy” rating and a $275.00 target price on the stock. Six equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $217.33.
Read Our Latest Report on Honeywell Aerospace
Honeywell Aerospace Company Profile
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.
See Also
- Five stocks we like better than Honeywell Aerospace
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
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.
