Iowa State Bank Purchases New Shares in Honeywell Aerospace $HONA

Key Points

• Iowa State Bank acquired 18,391 Honeywell Aerospace shares during the third quarter, valued at approximately $2.85 million. Several major institutional investors, including BlackRock, State Street and Wellington Management, also initiated sizable positions.
• Honeywell Aerospace shares rose 1.3% to $157.81, but remain near their 52-week low of $149.19 and below the 50-day moving average. Analysts hold a consensus “Hold” rating with an average price target of $219.29.
• Investor lawsuits and regulatory allegations are adding uncertainty, with notices alleging supply constraints and a pending Department of Justice inquiry were not disclosed. The legal developments could increase potential liabilities and pressure investor sentiment.

Iowa State Bank acquired a new stake in Honeywell Aerospace (NASDAQ:HONA - Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 18,391 shares of the company's stock, valued at approximately $2,850,000.

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

Honeywell Aerospace Stock Up 1.3%

Shares of Honeywell Aerospace stock traded up $2.06 on Tuesday, reaching $157.81. 699,740 shares of the company's stock were exchanged, compared to its average volume of 3,649,001. Honeywell Aerospace has a 52 week low of $149.19 and a 52 week high of $297.50. The business has a 50-day moving average price of $167.47. The firm has a market cap of $50.02 billion and a P/E ratio of 84.40.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last released its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The company had revenue of $4.35 billion for the quarter. Sell-side analysts forecast that Honeywell Aerospace will post 7.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Jefferies Financial Group set a $175.00 target price on shares of Honeywell Aerospace in a report on Sunday, August 9th. Weiss Ratings initiated coverage on shares of Honeywell Aerospace in a research note on Friday, September 11th. They issued a "sell (d)" rating for the company. Evercore set a $210.00 price objective on Honeywell Aerospace in a research report on Thursday, August 6th. Vertical Research started coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They issued a "hold" rating and a $243.00 price objective for the company. Finally, JPMorgan Chase & Co. assumed coverage on shares of Honeywell Aerospace in a research report on Friday, July 10th. They issued a "neutral" rating and a $255.00 price target for the company. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, Honeywell Aerospace currently has a consensus rating of "Hold" and a consensus target price of $219.29.

Trending Headlines about Honeywell Aerospace

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

• Neutral Sentiment: Multiple law firms, including SBS Law, Bernstein Liebhard and Robbins Geller, announced that a federal securities class action has been filed or is being pursued against Honeywell Aerospace. The notices primarily inform investors about their rights and the November 23, 2026 deadline to seek appointment as lead plaintiff; they do not represent new operating results. Bernstein Liebhard shareholder alert
• Negative Sentiment: The lawsuits allege that investors who bought HONA shares between June 29 and September 1, 2026 were misled about the company’s business and financial condition. One notice claims Honeywell Aerospace failed to disclose that a small group of constrained suppliers was limiting hundreds of millions of dollars in revenue output and that a U.S. Department of Justice False Claims Act inquiry was pending. If substantiated, these issues could lead to litigation costs, damages, additional regulatory scrutiny and weaker investor confidence. Levi and Korsinsky HONA deadline notice
• Negative Sentiment: The unusually high number of investor-law-firm announcements over the past two days keeps the alleged disclosure problems in focus and may pressure the stock by increasing uncertainty around potential liabilities and management’s future disclosures. HONA is already trading below its 50-day moving average and near its 52-week low, making negative legal news more influential for sentiment. Rosen Law Firm HONA notice

Honeywell Aerospace Company 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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