Honeywell Aerospace (NASDAQ:HONA) Stock Price Down 2.4% – What’s Next?

Shares of Honeywell Aerospace (NASDAQ:HONA) dropped 2.4% on Wednesday. The stock traded as low as $161.57 and last traded at $163.33. 2,902,181 shares were traded during trading, a decline of 24% from the average daily volume of 3,816,452 shares. The stock had previously closed at $167.32.

Trending Headlines about Honeywell Aerospace

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

• Positive Sentiment: Honeywell Aerospace secured a maintenance agreement with Garuda Indonesia and announced a cooling-system upgrade for F-35 aircraft. These developments support its aftermarket services and defense businesses, although their near-term financial impact was not disclosed. Honeywell Aerospace lands Garuda maintenance deal, unveils F-35 cooling upgrade
• Neutral Sentiment: Reports citing Honeywell Aerospace short-interest data listed zero shares short and a zero-day days-to-cover ratio, an apparent data inconsistency that provides little useful insight into trading sentiment.
• Negative Sentiment: Multiple law firms, including Kaplan Fox, Robbins Geller, Faruqi & Faruqi, Rosen and others, are promoting or pursuing a federal securities class action involving investors who purchased HONA shares between June 29 and September 1, 2026. Investors have until November 23, 2026, to seek appointment as lead plaintiff. The repeated announcements amplify the legal overhang, though the allegations remain claims and no liability has been established. Kaplan Fox investor announcement Robbins Geller investor deadline announcement Rosen investor counsel announcement

Analysts Set New Price Targets

HONA has been the topic of several recent analyst reports. BMO Capital Markets dropped their price target on shares of Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. Susquehanna started coverage on shares of Honeywell Aerospace in a research report on Thursday, September 17th. They set a “positive” rating and a $190.00 price objective for the company. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a research report on Thursday, August 6th. Weiss Ratings began coverage on shares of Honeywell Aerospace in a research note on Friday, September 11th. They set a “sell (d)” rating on the stock. Finally, Argus began coverage on shares of Honeywell Aerospace in a research report on Thursday, July 9th. They issued a “buy” rating and a $275.00 price target for the company. Six research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $219.29.

Honeywell Aerospace Stock Up 0.2%

The stock has a market capitalization of $50.33 billion and a price-to-earnings ratio of 84.91. The firm’s fifty day moving average is $174.40.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The business had revenue of $4.35 billion during the quarter. As a group, equities analysts expect that Honeywell Aerospace will post 7.75 EPS for the current year.

Institutional Investors Weigh In On Honeywell Aerospace

Several hedge funds have recently made changes to their positions in HONA. BlackRock Inc. acquired a new stake in Honeywell Aerospace during the 2nd quarter worth approximately $5,253,341,000. State Street Corp acquired a new position in shares of Honeywell Aerospace in the second quarter valued at approximately $2,945,044,000. Wellington Management Group LLP acquired a new position in shares of Honeywell Aerospace in the second quarter valued at approximately $1,705,882,000. Bank of America Corp DE purchased a new stake in shares of Honeywell Aerospace during the second quarter worth approximately $1,034,187,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Honeywell Aerospace during the second quarter worth approximately $644,412,000.

About Honeywell Aerospace

Honeywell Aerospace is an aerospace technology company that develops and supplies systems, components and services for commercial aviation, business and general aviation, defense and space markets. Its portfolio includes aircraft engines, auxiliary power units, avionics, flight controls, navigation and communication systems, thermal management equipment, wheels and brakes, and other propulsion and safety technologies.

The company serves aircraft manufacturers, airlines, business aviation operators, military customers and aftermarket service providers around the world.