Honeywell Aerospace (NASDAQ:HONA) Stock Picked Up by Analysts at The Goldman Sachs Group

Key Points

• Goldman Sachs initiated coverage of Honeywell Aerospace with a “hold” rating and a $190 price target, implying approximately 24% upside from the stock’s reported $153.07 price.
• Analyst sentiment remains cautious: HONA has a consensus “hold” rating from 18 analysts, with six Buys, ten Holds and two Sells, and an average price target of $217.33.
• The stock is trading near its 52-week low and faces securities-class-action allegations related to supplier constraints and disclosure issues, adding litigation and regulatory risks to its elevated 81.86 P/E valuation.

Analysts at The Goldman Sachs Group began coverage on shares of Honeywell Aerospace (NASDAQ:HONA - Get Free Report) in a report released on Wednesday, MarketBeat reports. The firm set a "hold" rating and a $190.00 price target on the stock. The Goldman Sachs Group's price target suggests a potential upside of 24.13% from the stock's current price.

Several other research analysts also recently issued reports on HONA. Melius Research set a $190.00 price objective on Honeywell Aerospace in a research note on Monday, September 14th. Jefferies Financial Group set a $175.00 price target on shares of Honeywell Aerospace in a research note on Sunday, August 9th. BNP Paribas Exane cut their price target on shares of Honeywell Aerospace from $245.00 to $210.00 and set a "neutral" rating on the stock in a report on Thursday, August 6th. Wolfe Research began coverage on Honeywell Aerospace in a report on Monday, June 29th. They issued a "hold" rating for the company. Finally, TD Cowen assumed coverage on Honeywell Aerospace in a report on Monday, June 29th. They set a "hold" rating and a $250.00 target price on the stock. Six investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $217.33.

Honeywell Aerospace Price Performance

HONA stock opened at $153.07 on Wednesday. Honeywell Aerospace has a 52 week low of $149.19 and a 52 week high of $297.50. The firm has a market capitalization of $48.52 billion and a P/E ratio of 81.86. The company has a 50-day simple moving average of $165.25.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last issued its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share for the quarter. The business had revenue of $4.35 billion during the quarter. On average, equities research analysts anticipate that Honeywell Aerospace will post 7.75 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Honeywell Aerospace

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

More Honeywell Aerospace News

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

• Neutral Sentiment: The numerous notices largely repeat the same lawsuit information rather than announcing a new operational development. The proposed class covers investors who purchased HONA securities between June 29 and September 1, 2026. Rosen class action deadline notice
• Negative Sentiment: The complaint alleges Honeywell Aerospace failed to disclose that roughly 2% of its suppliers constrained hundreds of millions of dollars in output and that a False Claims Act investigation was pending. These allegations have not been established in court, but they raise risks of litigation costs, damages, regulatory scrutiny and management distraction. Levi and Korsinsky shareholder alert
• Negative Sentiment: The legal notices cite a cumulative 24.26% decline in HONA across two unusually heavy-volume selloffs, suggesting investors have already reacted sharply to the alleged supply and disclosure issues. Shares are trading near the 52-week low of $149.19 and below the 50-day moving average of $165.25, while the elevated price-to-earnings ratio of 81.86 leaves less room for disappointing results or additional legal developments. Faruqi and Faruqi shareholder action reminder

About Honeywell Aerospace

Honeywell Aerospace is an aerospace and defense technology company that develops systems and equipment for commercial aircraft, business and general aviation, military platforms, and spacecraft. Its portfolio includes aircraft engines and propulsion systems, auxiliary power units, avionics, flight controls, environmental control systems, electrical power systems, landing systems, communications technology, and aircraft safety products.

The company also provides software, connected-aircraft technologies, maintenance, repair and overhaul services, spare parts, upgrades, and other aftermarket support.

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