Costello Asset Management INC Acquires 4,885 Shares of Honeywell Aerospace $HONA

Costello Asset Management INC increased its holdings in shares of Honeywell Aerospace (NASDAQ:HONA) by 23.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,926 shares of the company’s stock after purchasing an additional 4,885 shares during the period. Honeywell Aerospace accounts for 1.2% of Costello Asset Management INC’s investment portfolio, making the stock its 17th largest holding. Costello Asset Management INC’s holdings in Honeywell Aerospace were worth $4,018,000 as of its most recent SEC filing.

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

Honeywell Aerospace Trading Down 0.7%

Shares of NASDAQ HONA opened at $156.39 on Thursday. The stock has a 50-day simple moving average of $159.70. Honeywell Aerospace has a 52-week low of $149.19 and a 52-week high of $297.50.

Honeywell Aerospace (NASDAQ:HONA) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.31. The company had revenue of $4.64 billion during the quarter. As a group, analysts anticipate that Honeywell Aerospace will post 7.93 EPS for the current fiscal year.

Honeywell Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders 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 yield of 1.0%. The ex-dividend date is Friday, November 13th.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HONA shares. Jefferies Financial Group reiterated a “hold” rating and issued a $170.00 price target on shares of Honeywell Aerospace in a report on Monday. TD Cowen reduced their price objective on Honeywell Aerospace from $180.00 to $170.00 and set a “hold” rating on the stock in a research note on Friday, October 9th. Argus set a $210.00 target price on Honeywell Aerospace in a research report on Friday, October 9th. Morgan Stanley upgraded Honeywell Aerospace from an “equal weight” rating to an “overweight” rating and set a $205.00 price target for the company in a report on Wednesday, August 19th. Finally, Weiss Ratings raised shares of Honeywell Aerospace from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, October 30th. Four equities 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 presently has a consensus rating of “Hold” and a consensus price target of $196.47.

Key Stories Impacting Honeywell Aerospace

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

• Positive Sentiment: Zacks Research upgraded HONA from “strong sell” to “hold.” The change is a modest improvement in analyst sentiment, though the rating remains cautious. Read More.
• Positive Sentiment: A report says Honeywell Aerospace is building a $500 million manufacturing expansion in Tempe. The project could add capacity and support longer-term growth, though the provided report details are limited. Read More.
• Negative Sentiment: Several law firms publicized a pending securities class action and the November 23 lead-plaintiff deadline for investors who bought HONA shares between June 29 and September 1, 2026. The notices repeat allegations that the company misrepresented supplier concentration—claiming roughly 2% of suppliers had a disproportionate impact on sales before guidance was cut—and, in another account, failed to disclose scrutiny over cybersecurity compliance on a Defense Department contract. These are allegations, not established findings; the repeated alerts nevertheless add legal and reputational risk to the outlook. Read More. Read More.

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.