Honeywell Aerospace $HONA Stock Sold by Ballast Inc.

Ballast Inc. lowered its position in shares of Honeywell Aerospace (NASDAQ:HONA) by 72.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,305 shares of the company’s stock after selling 3,433 shares during the period. Ballast Inc.’s holdings in Honeywell Aerospace were worth $202,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ironvine Capital Partners LLC purchased a new position in Honeywell Aerospace in the 2nd quarter worth approximately $10,452,000. Sequoia Financial Advisors LLC bought a new position in Honeywell Aerospace during the second quarter valued at approximately $24,175,000. Tidal Investments LLC bought a new stake in shares of Honeywell Aerospace in the 2nd quarter worth approximately $6,331,000. Werlinich Asset Management LLC purchased a new position in Honeywell Aerospace in the 2nd quarter worth $1,478,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in Honeywell Aerospace during the second quarter valued at about $3,693,000.

Key Headlines Impacting Honeywell Aerospace

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

• Positive Sentiment: Honeywell Aerospace’s 35th annual Global Business Aviation Outlook projects 9,950 new business jet deliveries worldwide over the next decade, a 4.4% increase from last year’s forecast. The global business-aviation fleet is expected to expand approximately 29%, while aircraft utilization continues to rise. These trends could support long-term demand for Honeywell’s engines, avionics, components and aftermarket services. Honeywell Aerospace forecast shows business aviation growth, expanding fleets and strong utilization continuing through 2035
• Neutral Sentiment: Analyst commentary ahead of Honeywell Aerospace’s third-quarter results highlights supply constraints as a continuing issue. While strong demand remains supportive, production limitations could restrict deliveries, revenue growth and margins in the near term. Honeywell Aerospace: Supply Constraints Are Keeping Me At Bay
• Negative Sentiment: Multiple law firms are promoting a securities class action concerning investors who purchased HONA shares during a period in 2026. The notices cite Honeywell Aerospace’s reported 70% year-over-year decline in second-quarter net income and its reduction of full-year guidance, announced August 5. The lead-plaintiff deadline is November 23, 2026. Although the announcements largely repeat existing information, the litigation adds reputational, legal and potential financial risk and may weigh on investor sentiment. HONA investor deadline and class action lawsuit

Honeywell Aerospace Trading Down 1.6%

NASDAQ:HONA traded down $2.68 during trading hours on Tuesday, hitting $159.81. 992,220 shares of the stock were exchanged, compared to its average volume of 3,525,772. The business’s fifty day simple moving average is $160.26. The firm has a market cap of $50.65 billion and a P/E ratio of 85.49. Honeywell Aerospace has a 52-week low of $149.19 and a 52-week high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The company had revenue of $4.35 billion during the quarter. As a group, sell-side analysts expect that Honeywell Aerospace will post 7.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

HONA has been the subject of a number of analyst reports. Wells Fargo & Company set a $195.00 target price on shares of Honeywell Aerospace in a report on Monday, August 10th. Evercore set a $210.00 price target on shares of Honeywell Aerospace in a report on Thursday, August 6th. UBS Group cut their price target on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating for the company in a report on Thursday, August 6th. Wolfe Research assumed coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating on the stock. Finally, BNP Paribas Exane dropped their price target on Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. Five analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Honeywell Aerospace has an average rating of “Hold” and a consensus price target of $201.93.

Honeywell Aerospace Company 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.