Murphy Middleton Hinkle & Parker Inc. acquired a new stake in Honeywell Aerospace (NASDAQ:HONA – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,498 shares of the company’s stock, valued at approximately $542,000.
Other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in Honeywell Aerospace during the second quarter valued at approximately $5,253,341,000. State Street Corp bought a new stake in Honeywell Aerospace in the 2nd quarter valued at approximately $2,945,044,000. Wellington Management Group LLP acquired a new position in Honeywell Aerospace during the 2nd quarter worth approximately $1,705,882,000. Bank of America Corp DE bought a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $1,034,187,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Honeywell Aerospace during the 2nd quarter worth approximately $644,412,000.
Key Honeywell Aerospace News
Here are the key news stories impacting Honeywell Aerospace this week:
- Positive Sentiment: The stock may be benefiting from a relief rebound after a sharp decline tied to Honeywell Aerospace’s second-quarter earnings miss and reduced full-year outlook. The company reportedly posted quarterly net income of $256 million, versus analyst expectations of approximately $684 million, after previously guiding for 7%–9% organic growth. HONA Shareholder Alert: Investors With Losses May Seek to Lead the Class Action
- Neutral Sentiment: Multiple law firms, including Kaplan Fox, Rosen, Faruqi & Faruqi, and ClaimsFiler, reiterated that investors who purchased HONA shares between June 29 and September 1, 2026, may participate in a securities class action. The notices set lead-plaintiff deadlines primarily for November 23, with one notice citing October 30. These announcements repeat the same allegations and do not represent new financial charges or a court finding of wrongdoing. Kaplan Fox Honeywell Aerospace Investor Notice
- Negative Sentiment: The underlying litigation alleges that Honeywell Aerospace misled investors about its business prospects, growth outlook, and financial performance before the earnings disappointment. Continued legal announcements could weigh on sentiment by highlighting potential reputational, legal, and financial liabilities, although the articles provide no estimate of damages. Robbins LLP HONA Class Action Investigation
- Negative Sentiment: A separate report said HONA slipped after former parent Honeywell Technologies unveiled an artificial-intelligence platform with NVIDIA and Dell. Because Honeywell Aerospace operates separately, the launch offered limited direct benefit and may have underscored the distinction between the two businesses. Honeywell Aerospace Slides as Former Parent Unveils AI Platform
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the stock. JPMorgan Chase & Co. initiated coverage on shares of Honeywell Aerospace in a research report on Friday, July 10th. They issued a “neutral” rating and a $255.00 price objective on the stock. TD Cowen reduced their target price on shares of Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating for the company in a report on Friday, October 9th. Wolfe Research assumed coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating on the stock. Melius Research set a $190.00 price target on shares of Honeywell Aerospace in a research note on Monday, September 14th. Finally, Vertical Research started coverage on shares of Honeywell Aerospace in a research note on Wednesday, July 1st. They set a “hold” rating and a $243.00 price objective for the company. Five analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $201.93.
Get Our Latest Stock Report on HONA
Honeywell Aerospace Price Performance
NASDAQ:HONA opened at $163.11 on Friday. Honeywell Aerospace has a twelve month low of $149.19 and a twelve month high of $297.50. The firm has a market cap of $51.70 billion and a price-to-earnings ratio of 87.22. The business’s 50 day moving average is $160.28.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last released its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The company had revenue of $4.35 billion during the quarter. As a group, equities research analysts forecast that Honeywell Aerospace will post 7.77 EPS for the current year.
Honeywell Aerospace Profile
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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