Ethic Inc. cut its holdings in Honeywell Aerospace (NASDAQ:HONA – Free Report) by 34.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 7,645 shares of the company’s stock after selling 4,102 shares during the quarter. Ethic Inc.’s holdings in Honeywell Aerospace were worth $1,185,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. BlackRock Inc. acquired a new stake in Honeywell Aerospace in the 2nd quarter worth about $5,253,341,000. State Street Corp acquired a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $2,945,044,000. Wellington Management Group LLP acquired a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $1,705,882,000. Bank of America Corp DE acquired a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $1,034,187,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Honeywell Aerospace during the second quarter worth approximately $644,412,000.
Analyst Ratings Changes
Several equities analysts have weighed in on the company. Morgan Stanley raised Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price objective for the company in a report on Wednesday, August 19th. BNP Paribas Exane reduced their target price on Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating on the stock in a report on Tuesday, October 6th. Susquehanna initiated coverage on Honeywell Aerospace in a research report on Thursday, September 17th. They issued a “positive” rating and a $190.00 price target on the stock. Jefferies Financial Group reaffirmed a “hold” rating and issued a $170.00 price target on shares of Honeywell Aerospace in a research note on Monday, November 2nd. Finally, TD Cowen dropped their price target on Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating for the company in a research note on Friday, October 9th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $196.47.
Check Out Our Latest Report on Honeywell Aerospace
Honeywell Aerospace Stock Down 0.7%
Shares of NASDAQ:HONA opened at $165.01 on Friday. Honeywell Aerospace has a one year low of $147.40 and a one year high of $297.50. The company has a 50 day moving average of $160.25.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $4.64 billion during the quarter. On average, research analysts forecast that Honeywell Aerospace will post 7.93 earnings per share for the current fiscal year.
Honeywell Aerospace Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Friday, November 13th.
Key Stories Impacting Honeywell Aerospace
Here are a few of the latest stories about HONA:
- Neutral Sentiment: Wall Street analysts are described as cautiously optimistic despite HONA’s outperformance relative to the broader market over the past year, which may help temper negative sentiment. Are Wall Street Analysts Predicting Honeywell Aerospace Stock Will Climb or Sink?
- Negative Sentiment: Several law firms reiterated that investors who bought HONA shares from June 29 through September 1, 2026, have until November 23 to seek lead-plaintiff status in a filed securities class action. One investor alert says the case concerns alleged misrepresentations about supplier constraints, factory throughput, and revenue output. The lawsuit could add uncertainty for investors, though the claims remain allegations. HONA Investor Alert: Securities Class Action Notice Investor Deadline Approaching
About Honeywell Aerospace
Honeywell Aerospace develops and supplies systems and services for commercial aviation, business and general aviation, defense, and space customers. Its offerings include aircraft engines and auxiliary power units, avionics, flight-control and navigation systems, connectivity and safety technologies, and aircraft wheels and brakes. The company also provides maintenance, repair, overhaul, and other aftermarket support for aircraft equipment. Its customers include aircraft manufacturers, airlines, business-jet operators, and government and defense organizations around the world.
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