Honeywell Aerospace (NASDAQ:HONA) Stock Rating Lowered by BMO Capital Markets

Honeywell Aerospace (NASDAQ:HONA) was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report issued on Friday, Marketbeat Ratings reports. They presently have a $181.00 price target on the stock, down from their previous price target of $213.00. BMO Capital Markets‘s target price would suggest a potential upside of 13.10% from the company’s previous close.

HONA has been the subject of several other research reports. TD Cowen decreased their target price on Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating for the company in a research note on Friday, October 9th. Argus set a $210.00 price target on Honeywell Aerospace in a research note on Friday, October 9th. Evercore set a $210.00 price target on shares of Honeywell Aerospace in a report on Thursday, August 6th. The Goldman Sachs Group began coverage on Honeywell Aerospace in a report on Wednesday, October 7th. They set a “neutral” rating and a $190.00 price objective for the company. Finally, UBS Group decreased their price objective on shares of Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Four equities 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $196.80.

Honeywell Aerospace Trading Down 9.6%

Shares of HONA stock opened at $160.04 on Friday. The stock’s 50 day simple moving average is $160.23. Honeywell Aerospace has a 1-year low of $149.19 and a 1-year high of $297.50. The firm has a market cap of $50.72 billion and a P/E ratio of 85.58.

Honeywell Aerospace (NASDAQ:HONA) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.31. The company had revenue of $4.64 billion for the quarter. On average, research analysts forecast that Honeywell Aerospace will post 7.77 EPS for the current year.

Institutional Investors Weigh In On Honeywell Aerospace

Several large investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Honeywell Aerospace during the 2nd quarter valued at $5,253,341,000. State Street Corp acquired a new position in Honeywell Aerospace during the second quarter valued at $2,945,044,000. Wellington Management Group LLP purchased a new stake in Honeywell Aerospace in the 2nd quarter worth about $1,705,882,000. Bank of America Corp DE purchased a new stake in Honeywell Aerospace in the 2nd quarter worth about $1,034,187,000. Finally, Bank of New York Mellon Corp acquired a new stake in Honeywell Aerospace during the 2nd quarter worth about $644,412,000.

Key Stories Impacting Honeywell Aerospace

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

• Positive Sentiment: Honeywell Aerospace reported third-quarter EPS of $2.21, above the $1.90 analyst consensus, on revenue of approximately $4.64 billion. The company raised its full-year 2026 adjusted EPS outlook to $7.85–$8.00, citing backlog growth and continued commercial and defense demand. Honeywell Aerospace Q3 Earnings Beat Estimates
• Positive Sentiment: The company declared its inaugural quarterly dividend of $0.40 per share, equal to $1.60 annually and an indicated yield of about 1.0%. The dividend is payable December 4 to shareholders of record November 13. Honeywell Aerospace Declares First Quarterly Cash Dividend
• Positive Sentiment: Honeywell Aerospace plans to invest $500 million in a new 300,000-square-foot Tempe, Arizona manufacturing facility. The project is expected to create about 600 jobs and expand capacity for current and next-generation aviation and defense programs. Honeywell Aerospace Arizona Manufacturing Facility
• Neutral Sentiment: Analyst views were mixed. BNP Paribas raised its price target to $175, while Evercore ISI lowered its target to $195 and JPMorgan cut its target to $210 while maintaining a neutral rating. These targets remain above the stock’s approximately $160 level but signal valuation and execution concerns.
• Negative Sentiment: The earnings beat did not translate into stronger near-term growth expectations. Sales rose only 2% year over year, adjusted EBIT increased 1%, and management said mechanical supplier constraints continue to limit deliveries. Management emphasized that more substantial output growth is expected in 2027, while tariff refunds and earlier deal closings helped support the latest quarter. Why Honeywell Aerospace Stock Fell Today
• Negative Sentiment: Investors may also be discounting Honeywell Aerospace’s rich valuation, higher interest expense, separation-related costs and the uncertainty of operating as a newly independent public company.
• Negative Sentiment: Several law firms reiterated notices about a securities class action covering investors who purchased shares between June 29 and September 1, 2026. The lead-plaintiff deadline is November 23, creating an additional near-term legal overhang. Rosen Honeywell Aerospace Securities Class Action Notice

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.