Philadelphia Trust Co. decreased its position in Honeywell Aerospace (NASDAQ:HONA – Free Report) by 46.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,921 shares of the company’s stock after selling 27,213 shares during the quarter. Philadelphia Trust Co.’s holdings in Honeywell Aerospace were worth $4,792,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in HONA. Ameliora Wealth Management Ltd. purchased a new position in Honeywell Aerospace during the 2nd quarter valued at about $25,000. Latitude Advisors LLC purchased a new stake in Honeywell Aerospace in the third quarter worth about $25,000. Leo H. Evart Inc. purchased a new stake in Honeywell Aerospace in the second quarter worth about $26,000. Outlook Capital Management LLC purchased a new stake in Honeywell Aerospace in the second quarter worth about $26,000. Finally, Security National Bank of SO Dak bought a new position in shares of Honeywell Aerospace during the second quarter valued at approximately $27,000.
Key Honeywell Aerospace News
Here are the key news stories impacting Honeywell Aerospace this week:
- Neutral Sentiment: A report listed short interest at zero shares as of November 10, despite describing a large increase. The figure therefore provides no evidence of meaningful short positioning in the data provided.
- Negative Sentiment: Several law firms publicized a securities class action covering investors who bought HONA shares from June 29 through September 1, 2026. The complaints allege Honeywell Aerospace did not disclose that a small group of suppliers constrained hundreds of millions of dollars in output and that a False Claims Act investigation was pending. The lead-plaintiff deadline is November 23. Repeated legal notices add uncertainty and reputational risk, though they largely reiterate the same allegations. Class action allegations and deadline
Wall Street Analyst Weigh In
Several research firms recently weighed in on HONA. Weiss Ratings upgraded Honeywell Aerospace from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, October 30th. Susquehanna assumed coverage on Honeywell Aerospace in a research note on Thursday, September 17th. They set a “positive” rating and a $190.00 price objective for the company. Royal Bank Of Canada dropped their target price on Honeywell Aerospace from $250.00 to $210.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. BNP Paribas Exane cut their target price on Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 6th. Finally, BMO Capital Markets downgraded shares of Honeywell Aerospace from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $213.00 to $181.00 in a research report on Friday, October 30th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $196.47.
Read Our Latest Report on HONA
Honeywell Aerospace Trading Up 1.0%
Honeywell Aerospace stock opened at $166.47 on Wednesday. Honeywell Aerospace has a 12 month low of $147.40 and a 12 month high of $297.50. The business has a fifty day simple moving average of $159.47. The company has a market cap of $52.78 billion and a price-to-earnings ratio of 89.02.
Honeywell Aerospace (NASDAQ:HONA – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.31. The business had revenue of $4.64 billion for the quarter. On average, research analysts expect that Honeywell Aerospace will post 7.93 earnings per share for the current fiscal year.
Honeywell Aerospace Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, November 13th. This represents a $1.60 annualized dividend and a yield of 1.0%.
About Honeywell Aerospace
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.
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