12,799 Shares of Honeywell Aerospace $HONA Bought by NovaPoint Capital LLC

Key Points

• NovaPoint Capital initiated a Honeywell Aerospace position by purchasing 12,799 shares valued at approximately $1.98 million. Several major institutions, including BlackRock and State Street, also recently acquired significant stakes.
• HONA traded at $163.31, well below its analyst consensus price target of $201.93; however, analysts maintain a consensus “Hold” rating, with five Buys, eleven Holds, and two Sells.
• Near-term catalysts include the company’s upcoming earnings report, where analysts expect a double-digit earnings decline, while pending securities-fraud litigation notices add legal and reputational risk.

NovaPoint Capital LLC bought a new position in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,799 shares of the company's stock, valued at approximately $1,983,000.

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

Key Headlines Impacting Honeywell Aerospace

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

• Positive Sentiment: Some analysts and investment commentary view Honeywell Aerospace as undervalued based on cash-flow generation and believe its high-margin aerospace platform could support a post-spin-off re-rating relative to peers such as GE Aerospace and RTX. Honeywell Aerospace Stock Looks Below Fair Value on Cash Flow Honeywell Aerospace versus GE and RTX
• Positive Sentiment: A Broyhill Asset Management investor letter highlighted Honeywell Aerospace as a durable competitive investment, supporting the longer-term thesis around the company’s aerospace capabilities, although the firm’s broader portfolio underperformed its benchmark during the quarter. What Makes Honeywell Aerospace a Durable Competitive Bet
• Neutral Sentiment: Honeywell Aerospace is expected to report third-quarter results next week. Analysts reportedly anticipate a double-digit earnings decline, making the outlook and management commentary on demand, margins, and guidance important near-term catalysts. Honeywell Aerospace Earnings Preview
• Negative Sentiment: Several law firms publicized a pending securities-fraud class action involving investors who purchased HONA shares during portions of June 9 or June 29 through September 1, 2026. The notices cite a November 23 lead-plaintiff deadline and could weigh on sentiment by increasing perceived legal, financial, and reputational risks, although the allegations have not been proven. HONA Securities Fraud Lawsuit Notice HONA Investor Deadline

Honeywell Aerospace Price Performance

NASDAQ HONA traded up $0.29 on Friday, hitting $163.31. 3,360,242 shares of the stock were exchanged, compared to its average volume of 2,553,468. Honeywell Aerospace has a 52-week low of $149.19 and a 52-week high of $297.50. The company has a market cap of $51.76 billion and a P/E ratio of 87.33. The business's 50-day moving average price is $159.84.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last issued its earnings results on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The business had revenue of $4.35 billion during the quarter. Equities analysts forecast that Honeywell Aerospace will post 7.77 EPS for the current fiscal year.

Analyst Ratings Changes

HONA has been the topic of several research reports. Morgan Stanley raised Honeywell Aerospace from an "equal weight" rating to an "overweight" rating and set a $205.00 price target on the stock in a report on Wednesday, August 19th. Evercore set a $210.00 price objective on Honeywell Aerospace in a research note on Thursday, August 6th. JPMorgan Chase & Co. assumed coverage on Honeywell Aerospace in a research report on Friday, July 10th. They set a "neutral" rating and a $255.00 target price on the stock. Argus set a $210.00 target price on Honeywell Aerospace in a report on Friday, October 9th. Finally, Royal Bank Of Canada decreased their price target on Honeywell Aerospace from $250.00 to $210.00 and set an "outperform" rating for the company in a research report on Thursday, October 15th. Five analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Honeywell Aerospace currently has a consensus rating of "Hold" and an average target price of $201.93.

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.

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