CHICAGO TRUST Co NA Purchases New Shares in Honeywell Aerospace $HONA

Key Points

• Chicago Trust Co. NA acquired 7,222 Honeywell Aerospace shares worth approximately $1.12 million in the third quarter, joining several major institutions that recently initiated positions.
• Honeywell Aerospace beat third-quarter earnings expectations with $2.21 EPS on $4.64 billion in revenue, raised its fiscal 2026 EPS guidance to $7.85–$8.00, and announced a quarterly dividend of $0.40 per share.
• Despite strong results and a 12% backlog increase, analysts remain cautious due to supplier constraints, modest adjusted EBIT growth and the stock’s high valuation; the consensus rating is “Hold” with an average price target of $196.80.

CHICAGO TRUST Co NA acquired a new position in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,222 shares of the company's stock, valued at approximately $1,119,000.

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

Honeywell Aerospace Stock Performance

Shares of HONA stock opened at $154.15 on Friday. The business's 50-day moving average price is $159.99. The stock has a market capitalization of $48.87 billion and a price-to-earnings ratio of 82.43. Honeywell Aerospace has a 1 year low of $149.19 and a 1 year high of $297.50.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last announced its earnings results on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.90 by $0.31. The business had revenue of $4.64 billion for the quarter. On average, research analysts forecast that Honeywell Aerospace will post 7.90 EPS for the current fiscal year.

Honeywell Aerospace Announces Dividend

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

Key Stories Impacting Honeywell Aerospace

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada cut their price objective on Honeywell Aerospace from $250.00 to $210.00 and set an "outperform" rating on the stock in a report on Thursday, October 15th. Wells Fargo & Company set a $195.00 target price on Honeywell Aerospace in a report on Monday, August 10th. TD Cowen dropped their target price on Honeywell Aerospace from $180.00 to $170.00 and set a "hold" rating for the company in a research report on Friday, October 9th. Jefferies Financial Group set a $175.00 price target on shares of Honeywell Aerospace and gave the stock a "hold" rating in a research note on Sunday, August 9th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Honeywell Aerospace from $235.00 to $210.00 and set a "neutral" rating on the stock in a research report on Thursday. Four research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $196.80.

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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