McGuire Investment Group LLC increased its position in Honeywell Aerospace (NASDAQ:HONA – Free Report) by 17.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,451 shares of the company’s stock after acquiring an additional 3,514 shares during the period. McGuire Investment Group LLC’s holdings in Honeywell Aerospace were worth $3,634,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the company. Ameliora Wealth Management Ltd. bought a new stake in Honeywell Aerospace in the 2nd quarter worth about $25,000. Leo H. Evart Inc. purchased a new position in Honeywell Aerospace in the 2nd quarter worth about $26,000. Outlook Capital Management LLC purchased a new position in Honeywell Aerospace in the 2nd quarter worth about $26,000. Security National Bank of SO Dak bought a new position in Honeywell Aerospace during the 2nd quarter valued at about $27,000. Finally, Cherry Tree Wealth Management LLC bought a new position in Honeywell Aerospace during the 2nd quarter valued at about $28,000.
More Honeywell Aerospace News
Here are the key news stories impacting Honeywell Aerospace this week:
- Positive Sentiment: Some analysts and investment commentary view Honeywell Aerospace as undervalued based on cash-flow generation and believe its high-margin aerospace platform could support a post-spin-off re-rating relative to peers such as GE Aerospace and RTX. Honeywell Aerospace Stock Looks Below Fair Value on Cash Flow Honeywell Aerospace versus GE and RTX
- Positive Sentiment: A Broyhill Asset Management investor letter highlighted Honeywell Aerospace as a durable competitive investment, supporting the longer-term thesis around the company’s aerospace capabilities, although the firm’s broader portfolio underperformed its benchmark during the quarter. What Makes Honeywell Aerospace a Durable Competitive Bet
- Neutral Sentiment: Honeywell Aerospace is expected to report third-quarter results next week. Analysts reportedly anticipate a double-digit earnings decline, making the outlook and management commentary on demand, margins, and guidance important near-term catalysts. Honeywell Aerospace Earnings Preview
- Negative Sentiment: Several law firms publicized a pending securities-fraud class action involving investors who purchased HONA shares during portions of June 9 or June 29 through September 1, 2026. The notices cite a November 23 lead-plaintiff deadline and could weigh on sentiment by increasing perceived legal, financial, and reputational risks, although the allegations have not been proven. HONA Securities Fraud Lawsuit Notice HONA Investor Deadline
Honeywell Aerospace Price Performance
Shares of NASDAQ:HONA opened at $163.31 on Friday. The stock has a 50-day moving average price of $159.84. The stock has a market capitalization of $51.76 billion and a PE ratio of 87.33. Honeywell Aerospace has a 52-week low of $149.19 and a 52-week high of $297.50.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) 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 for the quarter. As a group, equities analysts forecast that Honeywell Aerospace will post 7.77 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the stock. Susquehanna initiated coverage on shares of Honeywell Aerospace in a report on Thursday, September 17th. They set a “positive” rating and a $190.00 price target on the stock. Zacks Research cut shares of Honeywell Aerospace from a “hold” rating to a “strong sell” rating in a report on Monday, September 14th. BNP Paribas Exane lowered their price objective on shares of Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 6th. JPMorgan Chase & Co. started coverage on shares of Honeywell Aerospace in a research report on Friday, July 10th. They set a “neutral” rating and a $255.00 price objective on the stock. Finally, Weiss Ratings started coverage on shares of Honeywell Aerospace in a report on Friday, September 11th. They issued a “sell (d)” rating on the stock. Five analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $201.93.
Get Our Latest Report on Honeywell Aerospace
Honeywell Aerospace 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.
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