Honeywell Aerospace $HONA Stake Boosted by Independent Investors Inc.

Independent Investors Inc. grew its position in shares of Honeywell Aerospace (NASDAQ:HONA) by 279.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,373 shares of the company’s stock after acquiring an additional 15,000 shares during the quarter. Honeywell Aerospace accounts for approximately 0.6% of Independent Investors Inc.’s portfolio, making the stock its 22nd largest holding. Independent Investors Inc.’s holdings in Honeywell Aerospace were worth $3,157,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of Honeywell Aerospace in the second quarter valued at about $5,253,341,000. State Street Corp purchased a new position in Honeywell Aerospace during the second quarter worth about $2,945,044,000. Wellington Management Group LLP purchased a new position in Honeywell Aerospace during the second quarter worth about $1,705,882,000. Bank of America Corp DE purchased a new position in Honeywell Aerospace during the second quarter worth about $1,034,187,000. Finally, Bank of New York Mellon Corp bought a new stake in Honeywell Aerospace in the 2nd quarter worth about $644,412,000.

Key Headlines Impacting Honeywell Aerospace

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 Price Performance

Shares of NASDAQ:HONA opened at $156.39 on Thursday. The company has a market capitalization of $49.58 billion and a price-to-earnings ratio of 83.63. Honeywell Aerospace has a twelve month low of $149.19 and a twelve month high of $297.50. The stock’s 50-day simple moving average is $159.70.

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 the consensus estimate of $1.90 by $0.31. The business had revenue of $4.64 billion during the quarter. Sell-side analysts expect that Honeywell Aerospace will post 7.93 EPS for the current year.

Honeywell Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, November 13th.

Wall Street Analyst Weigh In

Several equities research analysts have commented on HONA shares. JPMorgan Chase & Co. decreased their price objective on shares of Honeywell Aerospace from $235.00 to $210.00 and set a “neutral” rating for the company in a research note on Thursday, October 29th. TD Cowen dropped their target price on shares of Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating on the stock in a research report on Friday, October 9th. Weiss Ratings upgraded Honeywell Aerospace from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, October 30th. Royal Bank Of Canada reduced their target price on Honeywell Aerospace from $250.00 to $210.00 and set an “outperform” rating for the company in a report on Thursday, October 15th. Finally, Melius Research set a $190.00 target price on Honeywell Aerospace in a report on Monday, September 14th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Honeywell Aerospace currently has a consensus rating of “Hold” and a consensus price target of $196.47.

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.