ProShare Advisors LLC grew its position in Honeywell Aerospace (NASDAQ:HONA – Free Report) by 2.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 355,143 shares of the company’s stock after acquiring an additional 8,900 shares during the quarter. ProShare Advisors LLC’s holdings in Honeywell Aerospace were worth $55,037,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the company. Ameliora Wealth Management Ltd. purchased a new position in shares of Honeywell Aerospace during the 2nd quarter worth about $25,000. Latitude Advisors LLC bought a new position in Honeywell Aerospace during the 3rd quarter valued at about $25,000. Leo H. Evart Inc. purchased a new stake in Honeywell Aerospace in the 2nd quarter worth about $26,000. Outlook Capital Management LLC purchased a new stake in Honeywell Aerospace in the 2nd quarter worth about $26,000. Finally, Security National Bank of SO Dak bought a new stake in Honeywell Aerospace in the second quarter worth about $27,000.
Honeywell Aerospace Price Performance
Shares of HONA stock opened at $154.15 on Monday. The company has a market cap of $48.87 billion and a P/E ratio of 82.43. The stock has a 50-day moving average of $159.99. 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 posted its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.31. The company had revenue of $4.64 billion for the quarter. As a group, analysts expect that Honeywell Aerospace will post 7.90 earnings per share for the current fiscal year.
Honeywell Aerospace Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, November 13th.
Honeywell Aerospace News Summary
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
Wall Street Analysts Forecast Growth
HONA has been the subject of several recent analyst reports. Melius Research set a $190.00 target price on Honeywell Aerospace in a research report on Monday, September 14th. TD Cowen reduced 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. Argus set a $210.00 price target on Honeywell Aerospace in a research note on Friday, October 9th. Morgan Stanley upgraded Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price objective for the company in a report on Wednesday, August 19th. Finally, BNP Paribas Exane cut their price objective on Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 6th. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $196.80.
Check Out Our Latest Stock Analysis on Honeywell Aerospace
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.
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