Ballast Inc. trimmed its holdings in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) by 72.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,305 shares of the company’s stock after selling 3,433 shares during the period. Ballast Inc.’s holdings in Honeywell Aerospace were worth $202,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently made changes to their positions in HONA. Acropolis Investment Management LLC increased its position in shares of Honeywell Aerospace by 10.0% during the third quarter. Acropolis Investment Management LLC now owns 838 shares of the company’s stock worth $130,000 after acquiring an additional 76 shares during the last quarter. Gradient Investments LLC grew its holdings in Honeywell Aerospace by 5.4% during the 3rd quarter. Gradient Investments LLC now owns 1,748 shares of the company’s stock worth $271,000 after acquiring an additional 90 shares in the last quarter. Ameliora Wealth Management Ltd. acquired a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at about $25,000. Madson Wealth Advisors Inc grew its stake in Honeywell Aerospace by 6.4% in the third quarter. Madson Wealth Advisors Inc now owns 1,653 shares of the company’s stock worth $256,000 after purchasing an additional 99 shares in the last quarter. Finally, Leo H. Evart Inc. bought a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at approximately $26,000.
Honeywell Aerospace Trading Down 1.6%
Shares of HONA stock traded down $2.68 on Tuesday, reaching $159.81. 992,220 shares of the stock were exchanged, compared to its average volume of 3,525,772. The firm’s 50 day moving average price is $160.26. The company has a market capitalization of $50.65 billion and a PE ratio of 85.49. Honeywell Aerospace has a one year low of $149.19 and a one year high of $297.50.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last announced its quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The firm had revenue of $4.35 billion during the quarter. As a group, analysts anticipate that Honeywell Aerospace will post 7.77 earnings per share for the current year.
Honeywell Aerospace News Roundup
Here are the key news stories impacting Honeywell Aerospace this week:
- Positive Sentiment: Honeywell Aerospace’s 35th annual Global Business Aviation Outlook projects 9,950 new business jet deliveries worldwide over the next decade, a 4.4% increase from last year’s forecast. The global business-aviation fleet is expected to expand approximately 29%, while aircraft utilization continues to rise. These trends could support long-term demand for Honeywell’s engines, avionics, components and aftermarket services. Honeywell Aerospace forecast shows business aviation growth, expanding fleets and strong utilization continuing through 2035
- Neutral Sentiment: Analyst commentary ahead of Honeywell Aerospace’s third-quarter results highlights supply constraints as a continuing issue. While strong demand remains supportive, production limitations could restrict deliveries, revenue growth and margins in the near term. Honeywell Aerospace: Supply Constraints Are Keeping Me At Bay
- Negative Sentiment: Multiple law firms are promoting a securities class action concerning investors who purchased HONA shares during a period in 2026. The notices cite Honeywell Aerospace’s reported 70% year-over-year decline in second-quarter net income and its reduction of full-year guidance, announced August 5. The lead-plaintiff deadline is November 23, 2026. Although the announcements largely repeat existing information, the litigation adds reputational, legal and potential financial risk and may weigh on investor sentiment. HONA investor deadline and class action lawsuit
Analyst Ratings Changes
A number of research firms recently weighed in on HONA. Vertical Research initiated coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price objective on the stock. Wolfe Research assumed coverage on Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating on the stock. Zacks Research cut shares of Honeywell Aerospace from a “hold” rating to a “strong sell” rating in a report on Monday, September 14th. Weiss Ratings began coverage on shares of Honeywell Aerospace in a research note on Friday, September 11th. They issued a “sell (d)” rating for the company. Finally, TD Cowen lowered their price target on Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, October 9th. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Honeywell Aerospace currently has an average rating of “Hold” and a consensus target price of $201.93.
View Our Latest Report on HONA
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.
Featured Articles
- Five stocks we like better than Honeywell Aerospace
- IonQ’s Bold Expansion Could Leave Shareholders Paying the Price
- Powering Up: Applied Digital Execs Buy $6.7M in Stock
- Chip Stocks Are Sliding—Why Is Smart Money Buying?
- Adults Are Fueling a Toy Boom—These 4 Stocks Could Cash In
Want to see what other hedge funds are holding HONA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell Aerospace (NASDAQ:HONA – Free Report).
Receive News & Ratings for Honeywell Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.
