10,328 Shares in Honeywell Aerospace $HONA Bought by Providence Wealth Advisors LLC

Key Points

• Providence Wealth Advisors purchased 10,328 Honeywell Aerospace shares valued at approximately $1.6 million, joining several major institutions that recently initiated positions in the company.
• Honeywell Aerospace reported quarterly EPS of $2.21, beating analyst estimates of $1.90, on $4.64 billion in revenue. The company also declared a quarterly dividend of $0.40 per share, implying a 1.0% annualized yield.
• Shares opened at $157.95, while analysts maintain a consensus “Hold” rating with an average price target of $196.47; concerns include tight supply, reduced near-term outlook, and investor lawsuits alleging inaccurate disclosures.

Providence Wealth Advisors LLC purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,328 shares of the company's stock, valued at approximately $1,597,000.

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

Honeywell Aerospace Stock Up 2.5%

NASDAQ:HONA opened at $157.95 on Tuesday. Honeywell Aerospace has a fifty-two week low of $149.19 and a fifty-two week high of $297.50. The company has a market cap of $50.06 billion and a PE ratio of 84.47. The firm has a 50-day moving average price of $159.86.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last issued its quarterly 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 company had revenue of $4.64 billion for the quarter. Equities analysts expect that Honeywell Aerospace will post 7.90 earnings per share for the current fiscal year.

Honeywell Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a $0.40 dividend. 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 equities research analysts have recently issued reports on HONA shares. Weiss Ratings raised Honeywell Aerospace from a "sell (d)" rating to a "sell (d+)" rating in a research note on Friday. Royal Bank Of Canada decreased their price target on Honeywell Aerospace from $250.00 to $210.00 and set an "outperform" rating on the stock in a report on Thursday, October 15th. Melius Research set a $190.00 price target on Honeywell Aerospace in a research report on Monday, September 14th. 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 research report on Wednesday, August 19th. Finally, Argus set a $210.00 price objective on shares of Honeywell Aerospace in a research note on Friday, October 9th. Four research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $196.47.

Key Honeywell Aerospace News

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

• Positive Sentiment: Management is scheduled to participate in the Baird Global Industrial Conference on November 10, giving CEO Jim Currier an opportunity to address demand, supply constraints, earnings and the company’s outlook directly with investors. Honeywell Aerospace announces participation at upcoming investor conferences
• Neutral Sentiment: An earnings-call recap characterized demand as strong while noting tight supply, factors that could support future revenue but may also constrain near-term production and deliveries. Honeywell Aerospace Earnings Call: Demand Strong, Supply Tight
• Negative Sentiment: BMO Capital Markets downgraded Honeywell Aerospace to “Market Perform,” signaling reduced conviction in the stock’s near-term upside potential. Honeywell Aerospace Cut to Market Perform at BMO Capital Markets
• Negative Sentiment: Multiple law firms are soliciting investors for a securities class action covering purchases made from June 29 through September 1, 2026. The firms allege that Honeywell Aerospace’s disclosures failed to reflect business conditions accurately; these are allegations, not proven findings. Investors have until November 23 to seek lead-plaintiff status. HONA Securities Fraud Lawsuit Deadline
• Negative Sentiment: The central concern cited in the legal notices is that quarterly net income fell 70% and Honeywell Aerospace reduced its outlook only weeks after guiding to 7%–9% organic growth. That apparent gap between prior guidance and subsequent performance is likely weighing on investor confidence. Honeywell Aerospace Class Action Reminder

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.

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