Glenview Trust Co Purchases New Holdings in Honeywell Aerospace $HONA

Glenview Trust Co purchased a new position in shares of Honeywell Aerospace (NASDAQ:HONA) in the third quarter, Holdings Channel reports. The fund purchased 85,948 shares of the company’s stock, valued at approximately $13,319,000.

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

Honeywell Aerospace Stock Down 3.7%

Shares of NASDAQ HONA opened at $154.15 on Friday. The firm has a market cap of $48.87 billion and a PE ratio of 82.43. Honeywell Aerospace has a 12 month low of $149.19 and a 12 month high of $297.50. The stock’s 50 day moving average price is $159.99.

Honeywell Aerospace (NASDAQ:HONA) last posted its earnings results on Wednesday, October 28th. The company reported $2.21 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.31. The firm had revenue of $4.64 billion for the quarter. On average, equities analysts forecast that Honeywell Aerospace will post 7.90 EPS for the current year.

Honeywell Aerospace Announces Dividend

The company 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 dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, November 13th.

Honeywell Aerospace News Summary

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

• Positive Sentiment: Honeywell Aerospace reported third-quarter revenue of approximately $4.6 billion, a 2% year-over-year increase, and adjusted EPS of $2.21, exceeding the $1.90 consensus estimate. Backlog grew 12% to $19.3 billion, supporting longer-term demand. Honeywell Aerospace Q3 Earnings Beat Estimates
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $7.85-$8.00, above the $7.77 analyst consensus, and expects stronger production growth in 2027. HONA Q3 Earnings Call Highlights
• Positive Sentiment: The company announced its first quarterly dividend of $0.40 per share and plans a roughly $500 million manufacturing expansion in Tempe, Arizona, providing shareholder returns and potential capacity growth. Honeywell Aerospace Dividend and Tempe Expansion
• Neutral Sentiment: Several law firms are publicizing a securities class-action lawsuit involving investors who purchased HONA between June 29 and September 1, with a November 23 lead-plaintiff deadline. These notices largely repeat existing information and do not establish wrongdoing, but they add headline risk. HONA Class Action Notice
• Negative Sentiment: BMO Capital Markets downgraded HONA from “outperform” to “market perform” and cut its price target to $181 from $213. JPMorgan also reduced its target to $210 from $235 and maintained a neutral rating, reinforcing investor caution. BMO Capital Markets Recommendation
• Negative Sentiment: Adjusted EBIT rose only 1%, while mechanical supplier constraints continue to limit deliveries. Tariff refunds, deal timing and higher standalone costs—including interest and separation expenses—also made the quarterly profit quality appear less robust. With HONA trading at a high earnings multiple, investors appear to be demanding faster growth than the company currently forecasts. Why Honeywell Aerospace Stock Fell

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HONA shares. Zacks Research lowered shares of Honeywell Aerospace from a “hold” rating to a “strong sell” rating in a report on Monday, September 14th. UBS Group cut their price target on Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. JPMorgan Chase & Co. reduced their price objective on Honeywell Aerospace from $235.00 to $210.00 and set a “neutral” rating for the company in a research note on Thursday. Argus set a $210.00 price objective on Honeywell Aerospace in a report on Friday, October 9th. Finally, Susquehanna started coverage on Honeywell Aerospace in a research note on Thursday, September 17th. They issued a “positive” rating and a $190.00 target price on the stock. Four research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $196.80.

About Honeywell Aerospace

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.