Northeast Investment Management Buys 41,548 Shares of Honeywell Aerospace $HONA

Key Points

• Northeast Investment Management opened a position in Honeywell Aerospace, buying 41,548 shares valued at about $6.44 million; several other institutional investors also increased holdings.
• Analyst sentiment is mostly cautious: the consensus rating is Hold with a $196.47 price target, while some firms recently lowered targets or downgraded their ratings.
• Honeywell Aerospace beat quarterly earnings expectations, reporting $2.21 per share versus a $1.90 estimate. The article also notes a reported $500 million Tempe expansion and pending securities-class-action allegations, which remain unproven.

Northeast Investment Management purchased a new position in Honeywell Aerospace (NASDAQ:HONA - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 41,548 shares of the company's stock, valued at approximately $6,439,000.

Other hedge funds have also recently made changes to their positions in the company. Independent Investors Inc. lifted its holdings in Honeywell Aerospace by 279.2% during the 3rd quarter. Independent Investors Inc. now owns 20,373 shares of the company's stock valued at $3,157,000 after buying an additional 15,000 shares in the last quarter. Signet Investment Advisory Group Inc. grew its stake in Honeywell Aerospace by 3.5% in the 3rd quarter. Signet Investment Advisory Group Inc. now owns 13,537 shares of the company's stock worth $2,098,000 after acquiring an additional 464 shares in the last quarter. 3Chopt Investment Partners LLC grew its stake in Honeywell Aerospace by 16.8% in the 3rd quarter. 3Chopt Investment Partners LLC now owns 2,960 shares of the company's stock worth $459,000 after acquiring an additional 426 shares in the last quarter. Focused Wealth Management Inc increased its position in shares of Honeywell Aerospace by 10.8% during the third quarter. Focused Wealth Management Inc now owns 2,524 shares of the company's stock worth $391,000 after acquiring an additional 246 shares during the period. Finally, Rakuten Investment Management Inc. increased its position in shares of Honeywell Aerospace by 10.6% during the third quarter. Rakuten Investment Management Inc. now owns 84,492 shares of the company's stock worth $13,133,000 after acquiring an additional 8,100 shares during the period.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HONA. Wall Street Zen raised shares of Honeywell Aerospace to a "hold" rating in a research note on Sunday, July 12th. BNP Paribas Exane dropped their price objective on Honeywell Aerospace from $210.00 to $160.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 6th. Jefferies Financial Group restated a "hold" rating and set a $170.00 price objective on shares of Honeywell Aerospace in a report on Monday. BMO Capital Markets lowered Honeywell Aerospace from an "outperform" rating to a "market perform" rating and decreased their target price for the company from $213.00 to $181.00 in a research report on Friday, October 30th. Finally, The Goldman Sachs Group initiated coverage on Honeywell Aerospace in a research report on Wednesday, October 7th. They set a "neutral" rating and a $190.00 target price for the company. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Honeywell Aerospace has a consensus rating of "Hold" and a consensus target price of $196.47.

Honeywell Aerospace News Summary

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

• Positive Sentiment: Zacks Research upgraded HONA from “strong sell” to “hold.” The change is a modest improvement in analyst sentiment, though the rating remains cautious. Read More.
• Positive Sentiment: A report says Honeywell Aerospace is building a $500 million manufacturing expansion in Tempe. The project could add capacity and support longer-term growth, though the provided report details are limited. Read More.
• Negative Sentiment: Several law firms publicized a pending securities class action and the November 23 lead-plaintiff deadline for investors who bought HONA shares between June 29 and September 1, 2026. The notices repeat allegations that the company misrepresented supplier concentration—claiming roughly 2% of suppliers had a disproportionate impact on sales before guidance was cut—and, in another account, failed to disclose scrutiny over cybersecurity compliance on a Defense Department contract. These are allegations, not established findings; the repeated alerts nevertheless add legal and reputational risk to the outlook. Read More. Read More.

Honeywell Aerospace Trading Down 0.7%

Shares of HONA stock opened at $156.39 on Thursday. The stock has a market capitalization of $49.58 billion and a price-to-earnings ratio of 83.63. The company's 50 day simple moving average is $159.70. Honeywell Aerospace has a 52-week low of $149.19 and a 52-week 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 earnings per share for the quarter, topping analysts' consensus estimates of $1.90 by $0.31. The company had revenue of $4.64 billion for the quarter. On average, analysts anticipate that Honeywell Aerospace will post 7.93 EPS for the current fiscal year.

Honeywell Aerospace Dividend Announcement

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

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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