Honeywell Aerospace $HONA Shares Newly Acquired by Canandaigua National Bank & Trust Co.

Key Points

• Canandaigua National Bank & Trust Co. acquired 7,659 HONA shares in the third quarter, worth approximately $1.19 million. Several other smaller institutions also initiated positions during the second quarter.
• Analyst sentiment is mixed, with six Buy, ten Hold, and two Sell ratings. The stock has a consensus rating of Hold and an average price target of $217.33, though several firms recently lowered their targets.
• HONA opened at $153.07, near its 52-week low of $149.19, with a market capitalization of $48.52 billion and a high P/E ratio of 81.86. Investor concerns include alleged supply constraints, disclosure issues, and related securities litigation.

Canandaigua National Bank & Trust Co. acquired a new stake in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,659 shares of the company's stock, valued at approximately $1,187,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ameliora Wealth Management Ltd. bought a new position in Honeywell Aerospace in the 2nd quarter valued at $25,000. Leo H. Evart Inc. acquired a new position in shares of Honeywell Aerospace during the second quarter valued at $26,000. Outlook Capital Management LLC acquired a new position in shares of Honeywell Aerospace during the second quarter valued at $26,000. Security National Bank of SO Dak bought a new position in Honeywell Aerospace in the second quarter valued at about $27,000. Finally, Cherry Tree Wealth Management LLC bought a new position in Honeywell Aerospace in the second quarter valued at about $28,000.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HONA. Weiss Ratings began coverage on Honeywell Aerospace in a report on Friday, September 11th. They set a "sell (d)" rating for the company. The Goldman Sachs Group began coverage on shares of Honeywell Aerospace in a research note on Wednesday. They issued a "neutral" rating and a $190.00 target price on the stock. TD Cowen assumed coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They set a "hold" rating and a $250.00 price target for the company. BMO Capital Markets dropped their price target on shares of Honeywell Aerospace from $276.00 to $209.00 and set an "outperform" rating for the company in a research note on Monday, August 10th. Finally, UBS Group cut their price objective 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. Six research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Honeywell Aerospace currently has an average rating of "Hold" and a consensus price target of $217.33.

Honeywell Aerospace Price Performance

Honeywell Aerospace stock opened at $153.07 on Thursday. The firm has a market cap of $48.52 billion and a price-to-earnings ratio of 81.86. The stock's 50-day moving average is $165.25. 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 quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share for the quarter. The firm had revenue of $4.35 billion during the quarter. On average, equities research analysts expect that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.

Trending Headlines about Honeywell Aerospace

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

• Neutral Sentiment: The numerous notices largely repeat the same lawsuit information rather than announcing a new operational development. The proposed class covers investors who purchased HONA securities between June 29 and September 1, 2026. Rosen class action deadline notice
• Negative Sentiment: The complaint alleges Honeywell Aerospace failed to disclose that roughly 2% of its suppliers constrained hundreds of millions of dollars in output and that a False Claims Act investigation was pending. These allegations have not been established in court, but they raise risks of litigation costs, damages, regulatory scrutiny and management distraction. Levi and Korsinsky shareholder alert
• Negative Sentiment: The legal notices cite a cumulative 24.26% decline in HONA across two unusually heavy-volume selloffs, suggesting investors have already reacted sharply to the alleged supply and disclosure issues. Shares are trading near the 52-week low of $149.19 and below the 50-day moving average of $165.25, while the elevated price-to-earnings ratio of 81.86 leaves less room for disappointing results or additional legal developments. Faruqi and Faruqi shareholder action reminder

Honeywell Aerospace Profile

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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