Honeywell Aerospace (NASDAQ:HONA) Releases Earnings Results, Misses Expectations By $0.20 EPS

Honeywell Aerospace (NASDAQ:HONA) announced its earnings results on Wednesday. The company reported $1.87 EPS for the quarter, missing the consensus estimate of $2.07 by ($0.20), FiscalAI reports. The company had revenue of $4.52 billion during the quarter. Honeywell Aerospace updated its FY 2026 guidance to 7.600-7.900 EPS.

Here are the key takeaways from Honeywell Aerospace’s conference call:

• Honeywell Aerospace cut its 2026 outlook, now expecting organic sales growth of 4%–5%, adjusted EBIT of $4.35–$4.45 billion, and adjusted EPS of $7.60–$7.90. The reductions reflect slower-than-expected production ramp-up, unfavorable mix, and a $50 million inventory obsolescence charge.
• Supply-chain constraints continued to limit output, with year-over-year production growth improving only from 3% in the first quarter to 4% in the second. Limited component availability is forcing a shift toward lower-margin OE and domestic defense shipments, while commercial aftermarket and international defense volumes remain constrained.
• Demand remains strong, with orders up 8% year over year, a 1.1 book-to-bill ratio, and more than $15 billion in lifetime-value customer wins year to date. Notable wins include IndiGo’s selection of Honeywell avionics and APUs for more than 800 Airbus A320-family aircraft and expanding adoption of the SURF-A runway safety system.
• Management is investing heavily to improve supply resiliency, including adding second sources for 50 constrained parts in the first half and another 50 planned for the second half, increasing supplier tooling, and expanding internal production capacity. Executives reiterated their 2030 targets and expect these actions to support accelerated, more profitable growth beginning in 2027.

Honeywell Aerospace Stock Up 5.0%

Shares of HONA stock traded up $7.81 during trading hours on Friday, hitting $164.28. 5,246,633 shares of the company were exchanged, compared to its average volume of 3,454,902. Honeywell Aerospace has a one year low of $150.03 and a one year high of $297.50.

Institutional Trading of Honeywell Aerospace

Several institutional investors and hedge funds have recently bought and sold shares of HONA. Bell Investment Advisors Inc acquired a new position in shares of Honeywell Aerospace in the 2nd quarter worth approximately $29,000. Trifecta Capital Advisors LLC acquired a new stake in shares of Honeywell Aerospace during the 2nd quarter valued at approximately $67,000. Kelleher Financial Advisors bought a new position in Honeywell Aerospace during the second quarter worth $78,000. J.Safra Asset Management Corp bought a new position in Honeywell Aerospace during the second quarter worth $124,000. Finally, Dunhill Financial LLC acquired a new position in Honeywell Aerospace in the second quarter worth $144,000.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on HONA shares. BMO Capital Markets began coverage on shares of Honeywell Aerospace in a research note on Thursday, July 2nd. They issued an “outperform” rating and a $276.00 target price for the company. Evercore set a $210.00 price target on shares of Honeywell Aerospace in a research note on Thursday. BNP Paribas Exane cut their price objective on shares of Honeywell Aerospace from $245.00 to $210.00 and set a “neutral” rating on the stock in a report on Thursday. TD Cowen started coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They issued a “hold” rating and a $250.00 price objective for the company. Finally, Morgan Stanley set a $205.00 target price on Honeywell Aerospace in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Honeywell Aerospace presently has a consensus rating of “Hold” and a consensus price target of $239.33.

Trending Headlines about Honeywell Aerospace

Here are the key news stories impacting Honeywell Aerospace this week:

• Positive Sentiment: Second-quarter sales increased 5% year over year to approximately $4.52 billion, while backlog growth and strong aftermarket demand point to continued underlying demand for Honeywell Aerospace’s products. Some analysts argue that the supply disruption may be obscuring a stronger long-term aerospace cycle. Honeywell Aerospace Tumbles on Disappointing Debut Report, but Bull Case Remains Intact
• Positive Sentiment: The company maintained its second-half free-cash-flow guidance and issued full-year standalone EPS guidance of $7.60 to $7.90, providing investors with a clearer framework for valuing the newly separated business. Honeywell Aerospace reports second quarter results; updates 2026 outlook

Honeywell Aerospace Company Profile

Honeywell Aerospace Inc manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. The company offers actuation products, air and thermal management products, auxiliary power units, cabin management and entertainment products, cockpit systems and displays, electric power products, engines, health and usage monitoring products, lighting products, microelectronics, navigation products and radios, recorders and transmitters, satellite communications, sensors, space products, terrain and traffic awareness, vehicle turbochargers, weather radars, and wheels and braking systems.