Founders Financial Securities LLC Purchases 11,402 Shares of Honeywell Aerospace $HONA

Key Points

• Founders Financial Securities increased its Honeywell Aerospace position by 355.9% in the third quarter, purchasing 11,402 shares for a total holding of 14,606 shares valued at approximately $2.26 million. Major institutions including BlackRock and State Street also established significant positions.
• Honeywell Aerospace reported third-quarter adjusted EPS of $2.21, beating the $1.90 consensus estimate, while revenue reached $4.64 billion and backlog grew 12% to $19.3 billion. Management raised 2026 adjusted EPS guidance to $7.85–$8.00 and announced its first quarterly dividend of $0.40 per share.
• Analyst sentiment remains cautious, with the stock holding a consensus “Hold” rating and a $196.80 price target after several firms cut targets. Shares opened at $154.15, near the company’s 52-week low, amid supplier constraints, modest EBIT growth and valuation concerns.

Founders Financial Securities LLC grew its position in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) by 355.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,606 shares of the company's stock after purchasing an additional 11,402 shares during the quarter. Founders Financial Securities LLC's holdings in Honeywell Aerospace were worth $2,263,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several equities analysts recently commented on HONA shares. Evercore set a $210.00 target price on shares of Honeywell Aerospace in a report on Thursday, August 6th. JPMorgan Chase & Co. lowered their price target on shares of Honeywell Aerospace from $235.00 to $210.00 and set a "neutral" rating for the company in a research note on Thursday. Wall Street Zen upgraded shares of Honeywell Aerospace to a "hold" rating in a research report on Sunday, July 12th. BNP Paribas Exane cut their price target on shares of Honeywell Aerospace from $210.00 to $160.00 and set a "neutral" rating for the company in a research report on Tuesday, October 6th. Finally, Weiss Ratings began coverage on Honeywell Aerospace in a research note on Friday, September 11th. They set a "sell (d)" rating on the stock. Four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Honeywell Aerospace currently has a consensus rating of "Hold" and a consensus price target of $196.80.

Key Headlines 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

Honeywell Aerospace Stock Performance

NASDAQ:HONA opened at $154.15 on Friday. The stock has a market capitalization of $48.87 billion and a price-to-earnings ratio of 82.43. Honeywell Aerospace has a fifty-two week low of $149.19 and a fifty-two week high of $297.50. The company's 50 day moving average is $159.99.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, topping the consensus estimate of $1.90 by $0.31. The firm had revenue of $4.64 billion during the quarter. As a group, equities research analysts forecast that Honeywell Aerospace will post 7.90 EPS for the current fiscal year.

Honeywell Aerospace Dividend Announcement

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

Honeywell Aerospace 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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