Honeywell Aerospace $HONA Stock Sold by Sigma Planning Corp

Sigma Planning Corp lowered its position in Honeywell Aerospace (NASDAQ:HONA) by 61.2% in the third quarter, HoldingsChannel.com reports. The fund owned 5,532 shares of the company’s stock after selling 8,719 shares during the quarter. Sigma Planning Corp’s holdings in Honeywell Aerospace were worth $857,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of HONA. BlackRock Inc. acquired a new stake in Honeywell Aerospace in the 2nd quarter valued at about $5,253,341,000. State Street Corp acquired a new stake in Honeywell Aerospace during the 2nd quarter valued at $2,945,044,000. Wellington Management Group LLP bought a new position in Honeywell Aerospace during the second quarter worth $1,705,882,000. Bank of America Corp DE acquired a new position in shares of Honeywell Aerospace in the second quarter valued at $1,034,187,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Honeywell Aerospace in the second quarter valued at about $644,412,000.

Key Honeywell Aerospace News

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HONA. Morgan Stanley upgraded shares of Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price objective for the company in a research report on Wednesday, August 19th. BNP Paribas Exane dropped their target price on Honeywell Aerospace from $210.00 to $160.00 and set a “neutral” rating for the company in a report on Tuesday, October 6th. JPMorgan Chase & Co. decreased their price target on shares of Honeywell Aerospace from $235.00 to $210.00 and set a “neutral” rating on the stock in a research note on Thursday. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a report on Thursday, August 6th. Finally, Susquehanna assumed coverage on Honeywell Aerospace in a research report on Thursday, September 17th. They set a “positive” rating and a $190.00 price target on the stock. Four research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $196.80.

Honeywell Aerospace Trading Down 3.7%

Shares of HONA opened at $154.15 on Friday. Honeywell Aerospace has a one year low of $149.19 and a one year high of $297.50. The firm has a market capitalization of $48.87 billion and a P/E ratio of 82.43. The company’s 50 day moving average price is $159.99.

Honeywell Aerospace (NASDAQ:HONA) last released its 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 during the quarter. Equities analysts expect that Honeywell Aerospace will post 7.90 earnings per share for the current year.

Honeywell Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, November 13th.

Honeywell Aerospace Company Profile

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.