Crossmark Global Holdings Inc. Acquires New Stake in Honeywell Aerospace $HONA

Key Points

• Crossmark Global Holdings acquired 11,489 Honeywell Aerospace shares worth approximately $1.78 million in the third quarter. Several other institutional investors also initiated positions during the second quarter.
• Analyst sentiment is mixed, with five Buy, eleven Hold, and two Sell ratings; the consensus rating is Hold with a $201.93 price target.
• HONA opened at $163.31, near its 50-day moving average of $159.84, while upcoming earnings and a pending securities-fraud class-action lawsuit represent important near-term catalysts and risks.

Crossmark Global Holdings Inc. purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,489 shares of the company's stock, valued at approximately $1,780,000.

A number of other institutional investors have also recently made changes to their positions in HONA. Ironvine Capital Partners LLC bought a new position in Honeywell Aerospace in the 2nd quarter valued at $10,452,000. Sequoia Financial Advisors LLC bought a new position in shares of Honeywell Aerospace in the second quarter worth $24,175,000. Werlinich Asset Management LLC bought a new position in shares of Honeywell Aerospace in the second quarter worth $1,478,000. Tidal Investments LLC bought a new position in shares of Honeywell Aerospace in the second quarter worth $6,331,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Honeywell Aerospace in the second quarter worth $3,693,000.

Analyst Upgrades and Downgrades

Several analysts have weighed in on HONA shares. Vertical Research initiated coverage on Honeywell Aerospace in a report on Wednesday, July 1st. They issued a "hold" rating and a $243.00 price target on the stock. Wells Fargo & Company set a $195.00 price objective on Honeywell Aerospace in a report on Monday, August 10th. Wall Street Zen upgraded shares of Honeywell Aerospace to a "hold" rating in a research report on Sunday, July 12th. Royal Bank Of Canada lowered their target price on shares of Honeywell Aerospace from $250.00 to $210.00 and set an "outperform" rating on the stock in a research note on Thursday, October 15th. Finally, Weiss Ratings initiated coverage on shares of Honeywell Aerospace in a research note on Friday, September 11th. They issued a "sell (d)" rating on the stock. Five equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Honeywell Aerospace presently has an average rating of "Hold" and a consensus price target of $201.93.

More Honeywell Aerospace News

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 opened at $163.31 on Monday. Honeywell Aerospace has a 1-year low of $149.19 and a 1-year high of $297.50. The stock has a market cap of $51.76 billion and a P/E ratio of 87.33. The stock has a 50-day simple moving average of $159.84.

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

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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