8,691 Shares in Honeywell Aerospace $HONA Bought by Bill Few Associates Inc.

Bill Few Associates Inc. purchased a new position in Honeywell Aerospace (NASDAQ:HONA – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 8,691 shares of the company’s stock, valued at approximately $1,347,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Peoples Bank KS acquired a new position in shares of Honeywell Aerospace during the third quarter valued at $300,000. Wedmont Private Capital increased its holdings in shares of Honeywell Aerospace by 22.0% in the 3rd quarter. Wedmont Private Capital now owns 5,588 shares of the company’s stock worth $861,000 after acquiring an additional 1,006 shares during the period. Werlinich Asset Management LLC lifted its position in Honeywell Aerospace by 40.8% in the 3rd quarter. Werlinich Asset Management LLC now owns 9,412 shares of the company’s stock valued at $1,459,000 after purchasing an additional 2,726 shares during the last quarter. Brown Shipley& Co Ltd boosted its stake in Honeywell Aerospace by 59.9% during the 3rd quarter. Brown Shipley& Co Ltd now owns 307 shares of the company’s stock valued at $48,000 after purchasing an additional 115 shares during the period. Finally, Lawood & Co. bought a new stake in shares of Honeywell Aerospace during the third quarter valued at approximately $234,000.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. BNP Paribas Exane decreased their price objective on Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Susquehanna began coverage on shares of Honeywell Aerospace in a report on Thursday, September 17th. They issued a “positive” rating and a $190.00 price objective for the company. Vertical Research started coverage on shares of Honeywell Aerospace in a research report on Wednesday, July 1st. They set a “hold” rating and a $243.00 price target on the stock. Argus set a $210.00 price target on shares of Honeywell Aerospace in a research note on Friday. Finally, Wolfe Research started coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating for the company. Six equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $207.67.

Get Our Latest Stock Analysis on Honeywell Aerospace

Honeywell Aerospace Stock Up 2.6%

Honeywell Aerospace stock traded up $3.93 during mid-day trading on Friday, hitting $157.94. The company’s stock had a trading volume of 2,937,179 shares, compared to its average volume of 3,631,761. The firm has a market capitalization of $50.06 billion and a PE ratio of 84.46. Honeywell Aerospace has a twelve month low of $149.19 and a twelve month high of $297.50. The firm’s fifty day simple moving average is $164.25.

Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last announced its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The company had revenue of $4.35 billion for the quarter. As a group, analysts anticipate that Honeywell Aerospace will post 7.75 earnings per share for the current year.

Key Stories Impacting Honeywell Aerospace

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

  • Positive Sentiment: Analyst estimates imply potential upside. The reported average price target is $217.33, while Goldman Sachs initiated coverage with a Neutral rating and a $190 target, representing longer-term upside from recent levels. Goldman cited strong long-term potential, although it sees limited near-term upside. Honeywell Aerospace Stock Has Average Price Target of $217.33 According to Analysts Goldman Sachs Reiterates Hold on Honeywell Aerospace
  • Neutral Sentiment: TD Cowen lowered its price target to $170 from $180, signaling reduced expectations but still leaving the target above the recent share price. The move adds to evidence that analysts see some valuation support, while remaining cautious about near-term performance. TD Cowen Adjusts Price Target on Honeywell Aerospace
  • Neutral Sentiment: Short-interest data is inconsistent. One report shows short interest rose 61.9% to 8.6 million shares as of September 30, equal to 2.7% of shares outstanding and 1.9 days to cover, while another reports zero shares short as of October 9. The apparent discrepancy limits the usefulness of the latest figure, but the September increase suggests growing bearish positioning and possible volatility.
  • Negative Sentiment: Several law firms publicized a securities class action covering investors who purchased HONA between June 29 and September 1, with a November 23 lead-plaintiff deadline. The allegations reportedly involve disclosures concerning potential False Claims Act enforcement and a Justice Department cybersecurity inquiry; these claims have not been proven. The litigation creates legal costs, headline risk and potential reputational damage. Kaplan Fox Announces Securities Class Action
  • Negative Sentiment: Jim Cramer criticized Honeywell Aerospace’s management credibility, adding to investor concerns about leadership and disclosure quality. Such commentary is subjective but may reinforce the negative sentiment surrounding the company. Honeywell Aerospace’s Valuation Tells Only Part of the Story for Jim Cramer

Honeywell Aerospace Company Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for Honeywell Aerospace (NASDAQ:HONA)

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