Honeywell Aerospace (NASDAQ:HONA) Trading Down 2.4% – Here’s Why

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

More Honeywell Aerospace News

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

  • Positive Sentiment: Honeywell Aerospace will provide Garuda Indonesia with auxiliary power unit maintenance support, adding evidence of ongoing aftermarket activity and customer demand. Honeywell Aerospace To Provide Garuda Indonesia With Auxiliary Power Unit Maintenance Support
  • Neutral Sentiment: Multiple firms, including Rosen Law Firm, Robbins LLP, Bronstein, Gainey McKenna, Holzer & Holzer, and Glancy Prongay, announced investor alerts or class-action litigation covering investors who purchased HONA securities from June 29 through September 1, 2026. The repeated announcements largely concern the same underlying case and may increase attention on the company, but they do not represent separate findings of wrongdoing. HONA Class Action Notice
  • Negative Sentiment: The lawsuits allege Honeywell Aerospace misled investors by failing to disclose that supply constraints at a small group of suppliers could materially hurt sales and profitability. One investor notice also cites an alleged investigation into potential False Claims Act violations involving cybersecurity requirements for government contracts. These remain allegations, and the company’s ultimate legal and financial exposure is uncertain. HONA Investor Alert
  • Negative Sentiment: Hagens Berman tied the alleged investor harm to disappointing second-quarter financial results and unexpected supply-chain headwinds. The litigation and related publicity raise concerns about execution, earnings visibility, compliance costs, and potential reputational damage. HONA Alert

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Evercore set a $210.00 price target on shares of Honeywell Aerospace in a research note on Thursday, August 6th. Vertical Research started coverage on shares of Honeywell Aerospace in a research note on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price objective for the company. Melius Research set a $190.00 target price on Honeywell Aerospace in a research report on Monday, September 14th. BMO Capital Markets cut their target price on Honeywell Aerospace from $276.00 to $209.00 and set an “outperform” rating on the stock in a research note on Monday, August 10th. Finally, Wall Street Zen upgraded Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Honeywell Aerospace currently has an average rating of “Hold” and a consensus price target of $219.29.

Check Out Our Latest Stock Report on HONA

Honeywell Aerospace Price Performance

The firm has a 50-day moving average of $176.39. The company has a market capitalization of $51.77 billion and a price-to-earnings ratio of 87.34.

Honeywell Aerospace (NASDAQ:HONAGet Free Report) last announced its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The firm had revenue of $4.35 billion during the quarter. Analysts forecast that Honeywell Aerospace will post 7.75 earnings per share for the current year.

Institutional Trading of Honeywell Aerospace

Hedge funds have recently added to or reduced their stakes in the business. Ameliora Wealth Management Ltd. bought a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at about $25,000. Leo H. Evart Inc. bought a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $26,000. Outlook Capital Management LLC purchased a new position in Honeywell Aerospace during the second quarter valued at approximately $26,000. Security National Bank of SO Dak bought a new position in Honeywell Aerospace in the second quarter worth approximately $27,000. Finally, Cherry Tree Wealth Management LLC bought a new position in Honeywell Aerospace in the second quarter worth approximately $28,000.

Honeywell Aerospace Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Honeywell Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.