60,000 Shares of Honeywell Aerospace $HONA Bought by International Assets Investment Management LLC

Key Points

• International Assets Investment Management acquired 60,000 Honeywell Aerospace shares worth approximately $9.3 million, while several other institutional investors also increased their positions.
• Honeywell Aerospace reported strong third-quarter results, with $4.64 billion in revenue and adjusted EPS of $2.21 versus the $1.90 consensus estimate. The company raised fiscal 2026 EPS guidance to $7.85–$8.00 and reported a 12% backlog increase to $19.3 billion.
• Analyst sentiment remains cautious: the stock has an average “Hold” rating and a $196.80 consensus target, while recent price-target cuts and a BMO downgrade added pressure. Shares opened at $154.15, and the company announced its first quarterly dividend of $0.40 per share.

International Assets Investment Management LLC acquired a new stake in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 60,000 shares of the company's stock, valued at approximately $9,298,000.

A number of other institutional investors have also modified their holdings of HONA. Washington Trust Advisors Inc. raised its position in Honeywell Aerospace by 13.4% during the third quarter. Washington Trust Advisors Inc. now owns 523 shares of the company's stock valued at $81,000 after acquiring an additional 62 shares in the last quarter. BIP Wealth LLC grew its stake in shares of Honeywell Aerospace by 2.2% during the 3rd quarter. BIP Wealth LLC now owns 3,297 shares of the company's stock worth $511,000 after purchasing an additional 70 shares during the period. Acropolis Investment Management LLC grew its stake in shares of Honeywell Aerospace by 10.0% during the 3rd quarter. Acropolis Investment Management LLC now owns 838 shares of the company's stock worth $130,000 after purchasing an additional 76 shares during the period. Gradient Investments LLC grew its stake in shares of Honeywell Aerospace by 5.4% during the 3rd quarter. Gradient Investments LLC now owns 1,748 shares of the company's stock worth $271,000 after purchasing an additional 90 shares during the period. Finally, Richardson Capital Management LLC increased its holdings in shares of Honeywell Aerospace by 27.5% during the 3rd quarter. Richardson Capital Management LLC now owns 427 shares of the company's stock valued at $66,000 after purchasing an additional 92 shares in the last quarter.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. The Goldman Sachs Group initiated coverage on shares of Honeywell Aerospace in a report on Wednesday, October 7th. They set a "neutral" rating and a $190.00 price target on the stock. Jefferies Financial Group set a $175.00 price objective on shares of Honeywell Aerospace and gave the company a "hold" rating in a report on Sunday, August 9th. 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. Royal Bank Of Canada decreased their price objective on shares of Honeywell Aerospace from $250.00 to $210.00 and set an "outperform" rating for the company in a research report on Thursday, October 15th. Finally, Evercore set a $210.00 target price on shares of Honeywell Aerospace in a research note on Thursday, August 6th. 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 MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $196.80.

More Honeywell Aerospace News

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

• Positive Sentiment: Honeywell Aerospace reported third-quarter revenue of approximately $4.6 billion, a 2% year-over-year increase, and adjusted EPS of $2.21, exceeding the $1.90 consensus estimate. Backlog grew 12% to $19.3 billion, supporting longer-term demand. Honeywell Aerospace Q3 Earnings Beat Estimates
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $7.85-$8.00, above the $7.77 analyst consensus, and expects stronger production growth in 2027. HONA Q3 Earnings Call Highlights
• Positive Sentiment: The company announced its first quarterly dividend of $0.40 per share and plans a roughly $500 million manufacturing expansion in Tempe, Arizona, providing shareholder returns and potential capacity growth. Honeywell Aerospace Dividend and Tempe Expansion
• Neutral Sentiment: Several law firms are publicizing a securities class-action lawsuit involving investors who purchased HONA between June 29 and September 1, with a November 23 lead-plaintiff deadline. These notices largely repeat existing information and do not establish wrongdoing, but they add headline risk. HONA Class Action Notice
• Negative Sentiment: BMO Capital Markets downgraded HONA from “outperform” to “market perform” and cut its price target to $181 from $213. JPMorgan also reduced its target to $210 from $235 and maintained a neutral rating, reinforcing investor caution. BMO Capital Markets Recommendation
• Negative Sentiment: Adjusted EBIT rose only 1%, while mechanical supplier constraints continue to limit deliveries. Tariff refunds, deal timing and higher standalone costs—including interest and separation expenses—also made the quarterly profit quality appear less robust. With HONA trading at a high earnings multiple, investors appear to be demanding faster growth than the company currently forecasts. Why Honeywell Aerospace Stock Fell

Honeywell Aerospace Stock Down 3.7%

Honeywell Aerospace stock opened at $154.15 on Friday. The company has a fifty day moving average of $159.99. 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 $48.87 billion and a PE ratio of 82.43.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, topping the consensus estimate of $1.90 by $0.31. The company had revenue of $4.64 billion during the quarter. On average, sell-side analysts predict that Honeywell Aerospace will post 7.90 EPS for the current fiscal year.

Honeywell Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%.

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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