Financial Enhancement Group LLC bought a new stake in shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,834 shares of the company’s stock, valued at approximately $1,352,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in HONA. BlackRock Inc. purchased a new position in Honeywell Aerospace during the second quarter worth approximately $5,253,341,000. State Street Corp purchased a new position in shares of Honeywell Aerospace in the second quarter worth about $2,945,044,000. Wellington Management Group LLP purchased a new position in Honeywell Aerospace during the second quarter worth approximately $1,705,882,000. Bank of America Corp DE purchased a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at approximately $1,034,187,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Honeywell Aerospace during the 2nd quarter worth about $644,412,000.
Key Stories Impacting Honeywell Aerospace
Here are the key news stories impacting Honeywell Aerospace this week:
- Positive Sentiment: Goldman Sachs began coverage with a Neutral rating and a $190 price target, citing Honeywell Aerospace’s long-term potential. The target suggests meaningful upside, although the Hold-equivalent rating indicates limited near-term conviction. Goldman Sachs coverage of Honeywell Aerospace
- Neutral Sentiment: Multiple law firms, including Bronstein Gewirtz & Grossman, Robbins Geller, Pomerantz, SueWallSt, Rosen, and Faruqi & Faruqi, reminded investors of a November 23, 2026 deadline to seek lead-plaintiff status in a proposed class action covering purchases from June 29 through September 1, 2026. The repeated announcements largely restate the same litigation rather than represent new operating developments. Honeywell Aerospace class-action announcement
- Negative Sentiment: The lawsuits allege Honeywell Aerospace’s SEC disclosures understated or failed to reveal that a small group of constrained suppliers were limiting hundreds of millions of dollars in output and that a Justice Department inquiry was already pending. One notice claims shareholders lost $49.40 per share across two corrective events. These are allegations, not court findings, but the litigation creates legal, reputational, and potential financial risks for HONA. SueWallSt Honeywell Aerospace securities lawsuit alert
Wall Street Analyst Weigh In
Read Our Latest Analysis on HONA
Honeywell Aerospace Price Performance
Shares of HONA traded up $0.94 during trading hours on Thursday, reaching $154.01. 3,263,842 shares of the company traded hands, compared to its average volume of 3,640,417. The company has a market cap of $48.81 billion and a PE ratio of 82.36. Honeywell Aerospace has a fifty-two week low of $149.19 and a fifty-two week high of $297.50. The company’s fifty day moving average price is $164.25.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last released its earnings results on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The business had revenue of $4.35 billion during the quarter. On average, equities analysts forecast that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.
About Honeywell Aerospace
Honeywell Aerospace is an aerospace and defense technology company that develops systems and equipment for commercial aircraft, business and general aviation, military platforms, and spacecraft. Its portfolio includes aircraft engines and propulsion systems, auxiliary power units, avionics, flight controls, environmental control systems, electrical power systems, landing systems, communications technology, and aircraft safety products.
The company also provides software, connected-aircraft technologies, maintenance, repair and overhaul services, spare parts, upgrades, and other aftermarket support.
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