Honeywell Aerospace $HONA Stock Sold by Conning Inc.

Conning Inc. trimmed its position in shares of Honeywell Aerospace (NASDAQ:HONA) by 98.3% during the 3rd quarter, Holdings Channel reports. The fund owned 1,422 shares of the company’s stock after selling 80,952 shares during the period. Conning Inc.’s holdings in Honeywell Aerospace were worth $220,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HONA. BlackRock Inc. purchased a new position in shares of Honeywell Aerospace in the second quarter valued at $5,253,341,000. State Street Corp bought a new stake in Honeywell Aerospace in the second quarter worth $2,945,044,000. Wellington Management Group LLP bought a new stake in Honeywell Aerospace in the second quarter worth $1,705,882,000. Bank of America Corp DE purchased a new stake in Honeywell Aerospace during the second quarter valued at $1,034,187,000. Finally, Bank of New York Mellon Corp purchased a new stake in Honeywell Aerospace during the second quarter valued at $644,412,000.

Honeywell Aerospace Price Performance

NASDAQ:HONA opened at $160.04 on Friday. The company has a market cap of $50.72 billion and a price-to-earnings ratio of 85.58. Honeywell Aerospace has a 1 year low of $149.19 and a 1 year high of $297.50. The company has a 50 day moving average of $160.23.

Honeywell Aerospace (NASDAQ:HONA) last announced its earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.31. The company had revenue of $4.64 billion during the quarter. On average, analysts expect that Honeywell Aerospace will post 7.77 earnings per share for the current year.

Honeywell Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be given a $0.40 dividend. The ex-dividend date is Friday, November 13th. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%.

Honeywell Aerospace News Summary

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

• Positive Sentiment: Honeywell Aerospace reported third-quarter adjusted EPS of $2.21, above the $1.90 consensus estimate, on revenue of approximately $4.6 billion. The company raised its 2026 adjusted EPS outlook to $7.85–$8.00 and reported a 12% increase in backlog to $19.3 billion. Honeywell Aerospace Q3 Earnings Beat Estimates
• Positive Sentiment: The company declared its first quarterly dividend of $0.40 per share, payable December 4 to shareholders of record November 13. It also raised its second-half free-cash-flow guidance. Honeywell Aerospace declares first quarterly cash dividend
• Positive Sentiment: Honeywell plans to invest $500 million in a new 300,000-square-foot Tempe, Arizona manufacturing facility, expected to create about 600 jobs and expand capacity for commercial aviation and defense programs. Honeywell Aerospace Arizona manufacturing facility
• Neutral Sentiment: Analyst views were mixed: BNP Paribas increased its price target to $175, while JPMorgan lowered its target to $210 and kept a neutral rating; Evercore ISI reduced its target to $195. These targets remain above the current trading level but signal caution about near-term execution.
• Negative Sentiment: Investors appeared more concerned about modest adjusted EBIT growth, mechanical-supplier bottlenecks, margin pressure and higher costs associated with operating as a newly independent company. Management indicated that more substantial output growth may not arrive until 2027, while some quarterly benefit came from tariff refunds and deal timing. Why Honeywell Aerospace Stock Fell Today
• Negative Sentiment: Honeywell Aerospace is facing several investor-law-firm notices regarding a securities class action covering purchases from June 29 through September 1, 2026. The complaints allege that investors were not adequately informed about supplier constraints and a Justice Department cybersecurity investigation; the allegations have not been proven. Lead-plaintiff deadlines cited in the notices include October 30 and November 23, 2026. Honeywell Aerospace shareholder alert

Analyst Ratings Changes

Several research firms have commented on HONA. The Goldman Sachs Group assumed coverage on shares of Honeywell Aerospace in a research report on Wednesday, October 7th. They set a “neutral” rating and a $190.00 price objective for the company. Wall Street Zen upgraded shares of Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. BMO Capital Markets boosted their target price on shares of Honeywell Aerospace from $209.00 to $213.00 and gave the stock an “outperform” rating in a report on Friday, October 2nd. Susquehanna began coverage on shares of Honeywell Aerospace in a research report on Thursday, September 17th. They set a “positive” rating and a $190.00 target price on the stock. Finally, TD Cowen lowered their price target on shares of Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating for the company in a report on Friday, October 9th. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Honeywell Aerospace presently has an average rating of “Hold” and an average price target of $198.93.

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.