Honeywell Aerospace $HONA Shares Newly Acquired by North Dakota State Investment Board

North Dakota State Investment Board purchased a new position in shares of Honeywell Aerospace (NASDAQ:HONA) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 9,719 shares of the company’s stock, valued at approximately $1,506,000.

Other hedge funds have also recently modified their holdings of the company. Ameliora Wealth Management Ltd. purchased a new position in Honeywell Aerospace in the 2nd quarter valued at about $25,000. Leo H. Evart Inc. purchased a new stake in Honeywell Aerospace during the 2nd quarter worth approximately $26,000. Outlook Capital Management LLC purchased a new stake in Honeywell Aerospace during the 2nd quarter worth approximately $26,000. Security National Bank of SO Dak purchased a new stake in Honeywell Aerospace during the 2nd quarter worth approximately $27,000. Finally, Cherry Tree Wealth Management LLC acquired a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $28,000.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on HONA shares. TD Cowen decreased their target price on Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating on the stock in a research report on Friday, October 9th. Zacks Research cut Honeywell Aerospace from a “hold” rating to a “strong sell” rating in a research report on Monday, September 14th. Evercore set a $210.00 price objective on Honeywell Aerospace in a research note on Thursday, August 6th. Argus set a $210.00 price objective on Honeywell Aerospace in a report on Friday, October 9th. Finally, Weiss Ratings began coverage on Honeywell Aerospace in a report on Friday, September 11th. They issued a “sell (d)” rating on the stock. Four equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Honeywell Aerospace currently has an average rating of “Hold” and an average price target of $196.80.

Key Stories 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

Honeywell Aerospace Trading Down 3.7%

Shares of Honeywell Aerospace stock opened at $154.15 on Friday. The firm has a market cap of $48.87 billion and a PE ratio of 82.43. The business’s 50 day 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) last posted its quarterly earnings results 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 during the quarter. As a group, research analysts forecast that Honeywell Aerospace will post 7.90 earnings per share for the current fiscal year.

Honeywell Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Shareholders 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 yield of 1.0%.

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.