Honeywell Aerospace $HONA Stock Position Boosted by Evergreen Capital Management LLC

Key Points

• Evergreen Capital Management increased its Honeywell Aerospace stake by 1,098% in the third quarter, bringing its holdings to 66,223 shares valued at approximately $10.3 million. Several major institutions, including BlackRock, State Street and Wellington, also established large positions.
• HONA shares opened at $163.31, with a $51.76 billion market capitalization and a 52-week range of $149.19 to $297.50. Analysts’ consensus rating is “Hold”, with an average price target of $201.93.
• Analyst views remain mixed: five rate the stock a Buy, eleven a Hold and two a Sell. Near-term attention will focus on upcoming earnings, while securities-fraud lawsuit notices introduce additional legal and reputational risk.

Evergreen Capital Management LLC raised its holdings in Honeywell Aerospace (NASDAQ:HONA - Free Report) by 1,098.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 66,223 shares of the company's stock after acquiring an additional 60,695 shares during the quarter. Evergreen Capital Management LLC's holdings in Honeywell Aerospace were worth $10,263,000 as of its most recent SEC filing.

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

Honeywell Aerospace Stock Up 0.2%

Shares of NASDAQ HONA opened at $163.31 on Friday. The firm has a market cap of $51.76 billion and a P/E ratio of 87.33. Honeywell Aerospace has a 52-week low of $149.19 and a 52-week high of $297.50. The stock has a 50 day moving average price of $159.84.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last posted its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The firm had revenue of $4.35 billion during the quarter. On average, sell-side analysts expect that Honeywell Aerospace will post 7.77 earnings per share for the current year.

Analyst Ratings Changes

HONA has been the subject of several analyst reports. Zacks Research lowered Honeywell Aerospace from a "hold" rating to a "strong sell" rating in a research report on Monday, September 14th. Wolfe Research initiated coverage on Honeywell Aerospace in a research report on Monday, June 29th. They issued a "hold" rating on the stock. The Goldman Sachs Group began coverage on Honeywell Aerospace in a research report on Wednesday, October 7th. They issued a "neutral" rating and a $190.00 price target on the stock. UBS Group decreased their price target on Honeywell Aerospace from $231.00 to $213.00 and set a "neutral" rating for the company in a research note on Thursday, August 6th. Finally, BMO Capital Markets raised their price objective on Honeywell Aerospace from $209.00 to $213.00 and gave the stock an "outperform" rating in a research report on Friday, October 2nd. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $201.93.

More Honeywell Aerospace News

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

• Positive Sentiment: Some analysts and investment commentary view Honeywell Aerospace as undervalued based on cash-flow generation and believe its high-margin aerospace platform could support a post-spin-off re-rating relative to peers such as GE Aerospace and RTX. Honeywell Aerospace Stock Looks Below Fair Value on Cash Flow Honeywell Aerospace versus GE and RTX
• Positive Sentiment: A Broyhill Asset Management investor letter highlighted Honeywell Aerospace as a durable competitive investment, supporting the longer-term thesis around the company’s aerospace capabilities, although the firm’s broader portfolio underperformed its benchmark during the quarter. What Makes Honeywell Aerospace a Durable Competitive Bet
• Neutral Sentiment: Honeywell Aerospace is expected to report third-quarter results next week. Analysts reportedly anticipate a double-digit earnings decline, making the outlook and management commentary on demand, margins, and guidance important near-term catalysts. Honeywell Aerospace Earnings Preview
• Negative Sentiment: Several law firms publicized a pending securities-fraud class action involving investors who purchased HONA shares during portions of June 9 or June 29 through September 1, 2026. The notices cite a November 23 lead-plaintiff deadline and could weigh on sentiment by increasing perceived legal, financial, and reputational risks, although the allegations have not been proven. HONA Securities Fraud Lawsuit Notice HONA Investor Deadline

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.

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