Ashurst Perkins Coie Trust Co Makes New Investment in Honeywell Aerospace $HONA

Key Points

• Ashurst Perkins Coie Trust Co initiated a Honeywell Aerospace position in the third quarter, purchasing 9,946 shares valued at approximately $1.54 million.
• Analyst sentiment is largely cautious, with an overall “Hold” rating and an average price target of $204.60; HONA recently traded at $156.73, near its 12-month low.
• Honeywell Aerospace faces investor concerns following reduced guidance, an alleged supplier constraint and a pending cybersecurity investigation, which have prompted securities class-action notices. These claims remain allegations and have not established wrongdoing.

Ashurst Perkins Coie Trust Co purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 9,946 shares of the company's stock, valued at approximately $1,541,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Acropolis Investment Management LLC lifted its stake in shares of Honeywell Aerospace by 10.0% in the third quarter. Acropolis Investment Management LLC now owns 838 shares of the company's stock worth $130,000 after acquiring an additional 76 shares in the last quarter. Gradient Investments LLC increased its stake in shares of Honeywell Aerospace by 5.4% in the third quarter. Gradient Investments LLC now owns 1,748 shares of the company's stock worth $271,000 after buying an additional 90 shares during the last quarter. Ameliora Wealth Management Ltd. bought a new position in Honeywell Aerospace during the 2nd quarter valued at $25,000. Madson Wealth Advisors Inc increased its position in shares of Honeywell Aerospace by 6.4% in the 3rd quarter. Madson Wealth Advisors Inc now owns 1,653 shares of the company's stock worth $256,000 after purchasing an additional 99 shares during the last quarter. Finally, Leo H. Evart Inc. bought a new position in shares of Honeywell Aerospace during the second quarter worth about $26,000.

Key Honeywell Aerospace News

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

• Neutral Sentiment: Honeywell Technologies unveiled the Forge Cognition AI platform with NVIDIA and Dell, designed to use AI agents to improve building maintenance and energy efficiency. The launch generated attention but is not a direct Honeywell Aerospace initiative, limiting its immediate impact on HONA. Honeywell Aerospace Slides as Former Parent Unveils AI Platform
• Negative Sentiment: Multiple law firms announced or promoted a securities class action against Honeywell Aerospace. The litigation follows an alleged disconnect between Wall Street’s projected second-quarter net income of approximately $684 million and the company’s reported $256 million, along with a reduction in full-year guidance. HONA Shareholder Alert from Levi & Korsinsky
• Negative Sentiment: The allegations claim Honeywell Aerospace and certain executives failed to disclose a concentrated supplier constraint and a pending Justice Department cybersecurity investigation. These are allegations, not findings of wrongdoing, but the claims increase regulatory, litigation and reputational risk for investors. HONA Shareholder Alert and Class Action Allegations
• Negative Sentiment: Shareholders who purchased HONA during the cited class period—generally June 29 through September 1, 2026—are being encouraged to seek lead-plaintiff status by November 23, 2026. The repeated investor-law-firm notices may keep attention focused on the prior sharp selloff and the company’s disclosure practices. Rosen Honeywell Aerospace Securities Class Action Notice

Wall Street Analyst Weigh In

HONA has been the topic of a number of research analyst reports. Jefferies Financial Group set a $175.00 target price on Honeywell Aerospace and gave the stock a "hold" rating in a report on Sunday, August 9th. Wells Fargo & Company set a $195.00 target price on shares of Honeywell Aerospace in a report on Monday, August 10th. BMO Capital Markets raised their price target on Honeywell Aerospace from $209.00 to $213.00 and gave the stock an "outperform" rating in a report on Friday, October 2nd. TD Cowen cut their target price on Honeywell Aerospace from $180.00 to $170.00 and set a "hold" rating on the stock in a research note on Friday, October 9th. Finally, The Goldman Sachs Group initiated coverage on shares of Honeywell Aerospace in a report on Wednesday, October 7th. They issued a "neutral" rating and a $190.00 price objective on the stock. Five equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $204.60.

Honeywell Aerospace Stock Down 0.9%

NASDAQ HONA opened at $156.73 on Thursday. Honeywell Aerospace has a 12 month low of $149.19 and a 12 month high of $297.50. The firm has a market capitalization of $49.68 billion and a price-to-earnings ratio of 83.81. The company's 50 day moving average is $160.15.

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

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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