Honeywell Aerospace $HONA Stock: King Luther Capital Management Corp Lowers Stake

Key Points

• King Luther Capital Management cut its Honeywell Aerospace stake by 64.7% in the third quarter, selling 292,894 shares and retaining 159,953 shares worth about $24.8 million.
• Analyst sentiment is broadly cautious: 13 analysts rate HONA Hold, four Buy and one Sell, with an average price target of $196.47.
• Honeywell Aerospace reported quarterly EPS of $2.21, beating the $1.90 consensus, and announced a $0.40-per-share quarterly dividend.

King Luther Capital Management Corp lowered its holdings in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) by 64.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,953 shares of the company's stock after selling 292,894 shares during the quarter. King Luther Capital Management Corp owned 0.05% of Honeywell Aerospace worth $24,788,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

HONA has been the subject of several research reports. Melius Research set a $190.00 price objective on shares of Honeywell Aerospace in a research report on Monday, September 14th. Wells Fargo & Company set a $195.00 price objective on shares of Honeywell Aerospace in a research report on Monday, August 10th. Zacks Research raised shares of Honeywell Aerospace from a "strong sell" rating to a "hold" rating in a research note on Monday, November 2nd. Jefferies Financial Group reiterated a "hold" rating and set a $170.00 target price on shares of Honeywell Aerospace in a report on Monday, November 2nd. Finally, Royal Bank Of Canada dropped their price target on Honeywell Aerospace from $250.00 to $210.00 and set an "outperform" rating on the stock in a research note on Thursday, October 15th. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $196.47.

Honeywell Aerospace Stock Down 1.9%

Honeywell Aerospace stock opened at $166.23 on Friday. The business's 50-day moving average price is $160.05. The firm has a market cap of $52.70 billion and a price-to-earnings ratio of 40.74. Honeywell Aerospace has a fifty-two week low of $147.40 and a fifty-two week high of $297.50.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 earnings per share for the quarter, beating analysts' consensus estimates of $1.90 by $0.31. The business had revenue of $4.64 billion during the quarter. Sell-side analysts anticipate that Honeywell Aerospace will post 7.93 earnings per share for the current fiscal year.

Honeywell Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.60 annualized dividend and a dividend yield of 1.0%.

Key Stories Impacting Honeywell Aerospace

Here are a few of the latest stories about HONA:

• Neutral Sentiment: Wall Street analysts were described as cautiously optimistic despite the stock’s outperformance over the past year. Article: Are Wall Street Analysts Predicting Honeywell Aerospace Stock Will Climb or Sink?
• Negative Sentiment: Several firms reminded investors who bought HONA shares from June 29 through September 1, 2026, that they can seek lead-plaintiff status by November 23. The lawsuit alleges investors were misled; one investor notice says claims concern supplier constraints and statements about factory throughput and revenue. These remain allegations, not established findings. Article: HONA Investor Alert: Securities Class Action Notice Article: Kaplan Fox Deadline Reminder

Honeywell Aerospace Company Profile

Honeywell Aerospace develops and supplies systems and services for commercial aviation, business and general aviation, defense, and space customers. Its offerings include aircraft engines and auxiliary power units, avionics, flight-control and navigation systems, connectivity and safety technologies, and aircraft wheels and brakes. The company also provides maintenance, repair, overhaul, and other aftermarket support for aircraft equipment. Its customers include aircraft manufacturers, airlines, business-jet operators, and government and defense organizations around the world.

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