Consolidated Investment Group LLC increased its position in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) by 147.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 31,087 shares of the company’s stock after purchasing an additional 18,548 shares during the quarter. Consolidated Investment Group LLC’s holdings in Honeywell Aerospace were worth $4,818,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Ameliora Wealth Management Ltd. purchased a new position in Honeywell Aerospace in the second quarter worth approximately $25,000. Latitude Advisors LLC acquired a new stake in Honeywell Aerospace during the third quarter worth $25,000. Leo H. Evart Inc. purchased a new stake in Honeywell Aerospace in the second quarter valued at $26,000. Outlook Capital Management LLC purchased a new stake in Honeywell Aerospace in the second quarter valued at $26,000. Finally, Security National Bank of SO Dak purchased a new stake in Honeywell Aerospace in the second quarter valued at $27,000.
Key Headlines Impacting Honeywell Aerospace
Here are the key news stories impacting Honeywell Aerospace this week:
- Neutral Sentiment: An article also reported unusually high options volume but provided no details that clarify whether trading reflects bullish or bearish positioning. Honeywell Aerospace Sees Unusually High Options Volume
- Negative Sentiment: Multiple law firms reminded investors that November 23 is the deadline to seek lead-plaintiff status in a class action covering purchases from June 29 through September 1, 2026. The lawsuit alleges Honeywell Aerospace made misleading statements; one notice alleges supplier constraints affecting roughly 2% of suppliers hindered hundreds of millions of dollars in revenue output. The claims are allegations, not established findings, but the litigation and related uncertainty are potential negatives for HONA. Honeywell Aerospace shareholder alert Class-action announcement and deadline
Honeywell Aerospace Trading Up 7.7%
NASDAQ HONA opened at $164.77 on Tuesday. The company has a 50 day simple moving average of $159.31. Honeywell Aerospace has a one year low of $147.40 and a one year high of $297.50. The stock has a market capitalization of $52.24 billion and a price-to-earnings ratio of 88.11.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last announced its earnings results on Wednesday, October 28th. The company reported $2.21 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.31. The business had revenue of $4.64 billion for the quarter. As a group, analysts forecast that Honeywell Aerospace will post 7.93 EPS for the current fiscal year.
Honeywell Aerospace Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, November 13th.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the company. Melius Research set a $190.00 price target on Honeywell Aerospace in a research note on Monday, September 14th. BMO Capital Markets downgraded Honeywell Aerospace from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $213.00 to $181.00 in a research report on Friday, October 30th. Wells Fargo & Company set a $195.00 price objective on shares of Honeywell Aerospace in a report on Monday, August 10th. JPMorgan Chase & Co. reduced their price objective on shares of Honeywell Aerospace from $235.00 to $210.00 and set a “neutral” rating on the stock in a report on Thursday, October 29th. Finally, Royal Bank Of Canada decreased their target price on shares of Honeywell Aerospace from $250.00 to $210.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Honeywell Aerospace currently has a consensus rating of “Hold” and an average price target of $196.47.
Get Our Latest Research Report on HONA
Honeywell Aerospace Company Profile
Honeywell Aerospace develops and supplies systems and services for commercial aviation, business and general aviation, defense, and space customers. Its offerings include aircraft engines and auxiliary power units, avionics, flight-control and navigation systems, connectivity and safety technologies, and aircraft wheels and brakes.
The company also provides maintenance, repair, overhaul, and other aftermarket support for aircraft equipment. Its customers include aircraft manufacturers, airlines, business-jet operators, and government and defense organizations around the world.
Honeywell Aerospace grew out of Honeywell International’s aerospace business, which built on the company’s long-standing work in aviation technologies.
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