28,842 Shares in Honeywell Aerospace $HONA Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Honeywell Aerospace (NASDAQ:HONA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 28,842 shares of the company’s stock, valued at approximately $4,470,000.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Honeywell Aerospace during the second quarter valued at $5,253,341,000. State Street Corp bought a new stake in shares of Honeywell Aerospace in the second quarter worth $2,945,044,000. Wellington Management Group LLP acquired a new stake in Honeywell Aerospace in the second quarter valued at $1,705,882,000. Bank of America Corp DE acquired a new stake in Honeywell Aerospace in the second quarter valued at $1,034,187,000. Finally, Bank of New York Mellon Corp bought a new position in Honeywell Aerospace during the 2nd quarter worth $644,412,000.

Honeywell Aerospace Stock Performance

HONA opened at $154.15 on Monday. Honeywell Aerospace has a 1-year low of $149.19 and a 1-year high of $297.50. The company has a market capitalization of $48.87 billion and a P/E ratio of 82.43. The firm has a fifty day moving average of $159.99.

Honeywell Aerospace (NASDAQ:HONA) last released its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.31. The company had revenue of $4.64 billion for the quarter. As a group, analysts forecast that Honeywell Aerospace will post 7.90 earnings per share for the current fiscal 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 paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Friday, November 13th.

Honeywell Aerospace News Roundup

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 Ratings Changes

A number of equities research analysts have commented on the company. Melius Research set a $190.00 price target on Honeywell Aerospace in a research report on Monday, September 14th. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a research report on Thursday, August 6th. Jefferies Financial Group restated a “hold” rating on shares of Honeywell Aerospace in a report on Monday. Susquehanna assumed coverage on shares of Honeywell Aerospace in a research report on Thursday, September 17th. They issued a “positive” rating and a $190.00 price target on the stock. Finally, TD Cowen reduced their price objective on shares of Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating on the stock in a research note on Friday, October 9th. 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 stock. According to data from MarketBeat.com, Honeywell Aerospace presently has a consensus rating of “Hold” and a consensus target price of $196.80.

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.