Sterling Capital Management LLC Sells 58,194 Shares of Honeywell Aerospace $HONA

Sterling Capital Management LLC reduced its stake in Honeywell Aerospace (NASDAQ:HONA) by 97.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,441 shares of the company’s stock after selling 58,194 shares during the period. Sterling Capital Management LLC’s holdings in Honeywell Aerospace were worth $223,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position 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 in the 2nd quarter valued at $2,945,044,000. Wellington Management Group LLP acquired a new stake in Honeywell Aerospace during the 2nd quarter worth $1,705,882,000. Bank of America Corp DE acquired a new stake in Honeywell Aerospace during the 2nd quarter worth $1,034,187,000. Finally, Bank of New York Mellon Corp acquired a new stake in Honeywell Aerospace during the 2nd quarter worth $644,412,000.

Honeywell Aerospace Trading Down 3.7%

Shares of HONA opened at $154.15 on Friday. The business’s 50 day simple moving average is $159.99. The stock has a market capitalization of $48.87 billion and a price-to-earnings ratio of 82.43. Honeywell Aerospace has a 12-month low of $149.19 and a 12-month high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, beating the consensus estimate of $1.90 by $0.31. The business had revenue of $4.64 billion during the quarter. As a group, analysts expect that Honeywell Aerospace will post 7.90 earnings per share for the current fiscal year.

Honeywell Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be paid 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%.

Trending Headlines about Honeywell Aerospace

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HONA. Morgan Stanley raised shares of Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price target for the company in a research report on Wednesday, August 19th. Melius Research set a $190.00 price objective on Honeywell Aerospace in a report on Monday, September 14th. Argus set a $210.00 target price on Honeywell Aerospace in a research report on Friday, October 9th. UBS Group cut their target price 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. Finally, Wells Fargo & Company set a $195.00 target price on Honeywell Aerospace in a research report on Monday, August 10th. Four research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus 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.