Honeywell Aerospace $HONA Shares Sold by TrinityBridge Ltd

Key Points

• TrinityBridge cut its Honeywell Aerospace stake by 51.7% in the third quarter, selling 13,939 shares and retaining 13,033 shares valued at about $2.02 million.
• Honeywell Aerospace reported quarterly EPS of $2.21, topping the $1.90 consensus, and declared a $0.40-per-share quarterly dividend, equivalent to a 1.0% yield.
• Developments were mixed: the company is investing $500 million in a Tempe manufacturing expansion, while BMO downgraded the stock to Market Perform and investors face a securities lawsuit based on allegations that have not been proven.

TrinityBridge Ltd lowered its stake in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) by 51.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 13,033 shares of the company's stock after selling 13,939 shares during the period. TrinityBridge Ltd's holdings in Honeywell Aerospace were worth $2,020,000 as of its most recent SEC filing.

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

Key Headlines Impacting Honeywell Aerospace

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

• Positive Sentiment: Honeywell Aerospace is building a $500 million manufacturing expansion in Tempe, a significant investment that could add production capacity and support future growth. The article does not specify the project’s expected completion date or financial contribution. Article: Honeywell Aerospace Is Building A $500 Million Tempe Manufacturing Expansion
• Neutral Sentiment: The company announced CEO Jim Currier will present at the Baird Global Industrial Conference on November 10. The appearance may provide investors with an opportunity to hear updates, but no new business guidance was reported. Article: Honeywell Aerospace Announces Participation at Upcoming Investor Conferences
• Negative Sentiment: Several law firms reiterated that a securities class action has been filed on behalf of investors who bought HONA shares from June 29 through September 1, 2026; the lead-plaintiff deadline is November 23. The lawsuit alleges investors were not informed of Justice Department scrutiny related to cybersecurity compliance on a Defense Department contract, which the company reportedly resolved for more than $2 million. These are allegations, not findings of liability, but the litigation and claims could weigh on sentiment. Article: SueWallSt Reminds Shareholders of Lead Plaintiff Deadline
• Negative Sentiment: BMO Capital Markets cut its rating on HONA to Market Perform, a less favorable analyst stance that may limit near-term enthusiasm for the shares. Article: Honeywell Aerospace Cut to Market Perform at BMO Capital Markets

Honeywell Aerospace Stock Down 0.3%

Shares of Honeywell Aerospace stock opened at $157.50 on Wednesday. The stock's fifty day simple moving average is $159.78. The stock has a market cap of $49.93 billion and a PE ratio of 84.22. 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 issued its quarterly earnings data on Wednesday, October 28th. The company reported $2.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.90 by $0.31. The business had revenue of $4.64 billion for the quarter. On average, equities research analysts expect that Honeywell Aerospace will post 7.93 EPS for the current fiscal year.

Honeywell Aerospace Announces Dividend

The business 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 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.

Wall Street Analyst Weigh In

HONA has been the topic of several research analyst reports. Melius Research set a $190.00 price target on Honeywell Aerospace in a report on Monday, September 14th. Morgan Stanley upgraded Honeywell Aerospace from an "equal weight" rating to an "overweight" rating and set a $205.00 price objective for the company in a research report on Wednesday, August 19th. The Goldman Sachs Group began coverage on Honeywell Aerospace in a report on Wednesday, October 7th. They issued a "neutral" rating and a $190.00 target price on the stock. Argus set a $210.00 target price on Honeywell Aerospace in a research report on Friday, October 9th. Finally, Weiss Ratings raised Honeywell Aerospace from a "sell (d)" rating to a "sell (d+)" rating in a research report on Friday. Four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Honeywell Aerospace has an average rating of "Hold" and a consensus price target of $196.47.

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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