Deroy & Devereaux Private Investment Counsel Inc. Buys 34,600 Shares of Honeywell Aerospace $HONA

Key Points

• Deroy & Devereaux increased its Honeywell Aerospace stake by 34.4% in the third quarter, acquiring 34,600 shares and bringing its total holdings to 135,274 shares worth approximately $21.0 million.
• Analyst sentiment remains mixed, with five Buy, eleven Hold, and two Sell ratings producing a consensus Hold rating and an average price target of $201.93.
• Strong aviation and defense demand could support Honeywell Aerospace’s upcoming results, but supply-chain constraints and securities class-action claims tied to a prior 23.16% stock decline create important risks.

Deroy & Devereaux Private Investment Counsel Inc. boosted its stake in Honeywell Aerospace (NASDAQ:HONA - Free Report) by 34.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,274 shares of the company's stock after acquiring an additional 34,600 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.'s holdings in Honeywell Aerospace were worth $20,963,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Westover Capital Advisors LLC increased its holdings in Honeywell Aerospace by 138.8% in the third quarter. Westover Capital Advisors LLC now owns 2,569 shares of the company's stock valued at $398,000 after buying an additional 1,493 shares during the last quarter. Viewpoint Investment Partners Corp bought a new position in Honeywell Aerospace during the 3rd quarter worth approximately $6,215,000. Leo Wealth LLC bought a new position in Honeywell Aerospace during the 3rd quarter worth approximately $601,000. IVC Wealth Advisors LLC lifted its holdings in Honeywell Aerospace by 300.9% during the 3rd quarter. IVC Wealth Advisors LLC now owns 4,566 shares of the company's stock worth $708,000 after buying an additional 3,427 shares during the last quarter. Finally, Holos Integrated Wealth LLC grew its position in shares of Honeywell Aerospace by 192.3% in the 3rd quarter. Holos Integrated Wealth LLC now owns 190 shares of the company's stock worth $31,000 after acquiring an additional 125 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. TD Cowen lowered their price target on Honeywell Aerospace from $180.00 to $170.00 and set a "hold" rating for the company in a report on Friday, October 9th. Susquehanna initiated coverage on shares of Honeywell Aerospace in a research note on Thursday, September 17th. They set a "positive" rating and a $190.00 target price for the company. UBS Group dropped their target price on shares of Honeywell Aerospace from $231.00 to $213.00 and set a "neutral" rating on the stock in a report on Thursday, August 6th. Melius Research set a $190.00 price target on shares of Honeywell Aerospace in a research report on Monday, September 14th. Finally, Evercore set a $210.00 price target on shares of Honeywell Aerospace in a report on Thursday, August 6th. Five analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Honeywell Aerospace has a consensus rating of "Hold" and a consensus price target of $201.93.

Key Stories Impacting Honeywell Aerospace

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

• Positive Sentiment: Honeywell Aerospace’s Q3 results are expected to benefit from strong aviation and defense demand, which could support orders and backlog. However, supply-chain constraints may limit revenue growth. Honeywell Aerospace to Release Q3 Earnings: What's in the Cards?
• Neutral Sentiment: Reported short interest stood at zero shares as of October 26, implying no measurable short position or days-to-cover ratio. This removes a potential short-covering catalyst, but also indicates limited bearish positioning.
• Negative Sentiment: Multiple law firms announced or promoted a securities class action covering investors who purchased HONA shares between June 29 and September 1, 2026. The lawsuits allege that Honeywell Aerospace made misleading statements to investors; the deadline to seek lead-plaintiff status is November 23, 2026. These announcements increase legal and reputational risks, although the allegations have not been proven. Honeywell Aerospace Securities Fraud Class Action Announcement
• Negative Sentiment: The legal notices reference a prior 23.16% stock decline during the class period, potentially reflecting investor concerns that could resurface if upcoming earnings, guidance, or disclosures disappoint. Kaplan Fox Honeywell Aerospace Investor Notice

Honeywell Aerospace Stock Performance

Shares of HONA opened at $168.64 on Tuesday. The company has a market cap of $53.45 billion and a P/E ratio of 90.18. The stock's fifty day moving average is $159.94. Honeywell Aerospace has a 12 month low of $149.19 and a 12 month high of $297.50.

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

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.