Allen Mooney & Barnes Investment Advisors LLC Sells 25,916 Shares of Honeywell Aerospace $HONA

Key Points

• Allen Mooney & Barnes Investment Advisors LLC cut its Honeywell Aerospace stake by 92.3% in the third quarter, selling 25,916 shares and retaining 2,152 shares valued at approximately $334,000.
• Several major institutions, including BlackRock, State Street, Wellington Management, Bank of America, and Bank of New York Mellon, established new positions in Honeywell Aerospace during the second quarter.
• HONA shares opened at $154.01, while analysts maintained a consensus “Hold” rating with a $217.33 target price; securities lawsuits alleging undisclosed supplier and regulatory issues add a significant risk factor.

Allen Mooney & Barnes Investment Advisors LLC trimmed its holdings in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) by 92.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,152 shares of the company's stock after selling 25,916 shares during the period. Allen Mooney & Barnes Investment Advisors LLC's holdings in Honeywell Aerospace were worth $334,000 as of its most recent SEC filing.

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

More Honeywell Aerospace News

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

• Neutral Sentiment: Goldman Sachs initiated coverage with a “neutral” or “hold” rating and a $190 price target. The target implies substantial potential upside from recent levels, but analyst Noah Poponak cited strong long-term potential alongside limited near-term upside. The balanced rating is unlikely to provide a strong immediate catalyst. Goldman Sachs rating report
• Negative Sentiment: Multiple law firms publicized a securities class action against Honeywell Aerospace. The lawsuits cover investors who purchased HONA shares between June 29 and September 1, 2026, with a November 23, 2026 deadline to seek lead-plaintiff status. The repeated announcements increase visibility around the legal risk and could weigh on sentiment, although the allegations have not been proven. Bronstein Gewirtz and Grossman class action announcement
• Negative Sentiment: The allegations involve potentially undisclosed operational and regulatory issues. Plaintiffs claim Honeywell Aerospace failed to adequately disclose supplier constraints that limited hundreds of millions of dollars in output and a pending Justice Department cybersecurity or False Claims Act investigation. Investor notices allege two corrective events caused a cumulative decline of $49.40 per share during the class period. SueWallSt investor alert

Honeywell Aerospace Stock Performance

Shares of HONA opened at $154.01 on Friday. The company has a market capitalization of $48.81 billion and a price-to-earnings ratio of 82.36. Honeywell Aerospace has a twelve month low of $149.19 and a twelve month high of $297.50. The firm has a 50 day moving average of $164.25.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last posted its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The company had revenue of $4.35 billion during the quarter. As a group, research analysts forecast that Honeywell Aerospace will post 7.75 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on HONA. Morgan Stanley raised shares of Honeywell Aerospace from an "equal weight" rating to an "overweight" rating and set a $205.00 price target for the company in a research note on Wednesday, August 19th. Melius Research set a $190.00 price objective on shares of Honeywell Aerospace in a research note on Monday, September 14th. Jefferies Financial Group set a $175.00 target price on shares of Honeywell Aerospace in a report on Sunday, August 9th. Royal Bank Of Canada decreased their price objective on Honeywell Aerospace from $300.00 to $250.00 and set an "outperform" rating for the company in a research note on Thursday, August 6th. Finally, Wells Fargo & Company set a $195.00 price objective on Honeywell Aerospace in a report on Monday, August 10th. Six research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Honeywell Aerospace presently has an average rating of "Hold" and a consensus target price of $217.33.

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.

Want to see what other hedge funds are holding HONA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honeywell Aerospace (NASDAQ:HONA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.