Honeywell Aerospace $HONA Stock Position Decreased by Sterling Capital Management LLC

Key Points

• Sterling Capital Management cut its Honeywell Aerospace stake by 97.6% in the third quarter, selling 58,194 shares and retaining 1,441 shares valued at approximately $223,000.
• Honeywell Aerospace reported third-quarter EPS of $2.21, beating estimates of $1.90, while revenue reached $4.64 billion. The company also raised its 2026 adjusted EPS guidance and announced a first quarterly dividend of $0.40 per share.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $196.80; shares opened at $154.15 after declining 3.7%, amid supplier constraints and concerns about the stock’s high valuation.

Sterling Capital Management LLC reduced its holdings in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) by 97.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,441 shares of the company's stock after selling 58,194 shares during the period. Sterling Capital Management LLC's holdings in Honeywell Aerospace were worth $223,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Kennebec Savings Bank increased its position in shares of Honeywell Aerospace by 12.5% during the third quarter. Kennebec Savings Bank now owns 3,167 shares of the company's stock worth $491,000 after acquiring an additional 351 shares during the period. Washington Trust Advisors Inc. boosted its holdings in Honeywell Aerospace by 13.4% in the third quarter. Washington Trust Advisors Inc. now owns 523 shares of the company's stock valued at $81,000 after purchasing an additional 62 shares during the period. Inspire Investing LLC purchased a new position in Honeywell Aerospace in the third quarter valued at $2,518,000. BIP Wealth LLC grew its stake in Honeywell Aerospace by 2.2% during the 3rd quarter. BIP Wealth LLC now owns 3,297 shares of the company's stock worth $511,000 after purchasing an additional 70 shares in the last quarter. Finally, Private Wealth Partners LLC grew its stake in Honeywell Aerospace by 30.9% during the 3rd quarter. Private Wealth Partners LLC now owns 98,845 shares of the company's stock worth $15,318,000 after purchasing an additional 23,308 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms have issued reports on HONA. Evercore set a $210.00 price target on Honeywell Aerospace in a research report on Thursday, August 6th. Royal Bank Of Canada decreased their price objective on Honeywell Aerospace from $250.00 to $210.00 and set an "outperform" rating for the company in a research note on Thursday, October 15th. Susquehanna assumed coverage on Honeywell Aerospace in a research report on Thursday, September 17th. They set a "positive" rating and a $190.00 price objective for the company. Wells Fargo & Company set a $195.00 target price on shares of Honeywell Aerospace in a research note on Monday, August 10th. Finally, Zacks Research cut shares of Honeywell Aerospace from a "hold" rating to a "strong sell" rating in a report on Monday, September 14th. Four 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 a consensus rating of "Hold" and an average price target of $196.80.

Honeywell Aerospace Trading Down 3.7%

Shares of HONA stock opened at $154.15 on Friday. The stock's fifty day moving average price is $159.99. The firm has a market capitalization of $48.87 billion and a P/E ratio of 82.43. Honeywell Aerospace has a 12 month low of $149.19 and a 12 month high of $297.50.

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

Honeywell Aerospace Dividend Announcement

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

Key Honeywell Aerospace News

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 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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