Running Oak Capital LLC Acquires 22,595 Shares of Honeywell Aerospace $HONA

Running Oak Capital LLC purchased a new stake in shares of Honeywell Aerospace (NASDAQ:HONA - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,595 shares of the company's stock, valued at approximately $3,502,000.

Several other hedge funds have also added to or reduced their stakes in HONA. Ironvine Capital Partners LLC acquired a new position in Honeywell Aerospace in the second quarter valued at about $10,452,000. CHICAGO TRUST Co NA acquired a new position in shares of Honeywell Aerospace during the 3rd quarter worth about $1,119,000. Sequoia Financial Advisors LLC bought a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at about $24,175,000. Whitener Capital Management Inc. bought a new stake in shares of Honeywell Aerospace in the 3rd quarter valued at about $3,457,000. Finally, Farther Finance Advisors LLC acquired a new stake in shares of Honeywell Aerospace in the 3rd quarter valued at approximately $3,635,000.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Jefferies Financial Group reissued a "hold" rating and set a $170.00 price target on shares of Honeywell Aerospace in a research report on Monday, November 2nd. Argus set a $210.00 price objective on shares of Honeywell Aerospace in a research report on Friday, October 9th. Melius Research set a $190.00 price objective on Honeywell Aerospace in a research note on Monday, September 14th. Morgan Stanley upgraded Honeywell Aerospace from an "equal weight" rating to an "overweight" rating and set a $205.00 target price on the stock in a report on Wednesday, August 19th. Finally, Susquehanna assumed coverage on Honeywell Aerospace in a research note on Thursday, September 17th. They issued a "positive" rating and a $190.00 target price for the company. Four investment 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. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $196.47.

Key Stories Impacting Honeywell Aerospace

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

• Neutral Sentiment: An article also reported unusually high options volume but provided no details that clarify whether trading reflects bullish or bearish positioning. Honeywell Aerospace Sees Unusually High Options Volume
• Negative Sentiment: Multiple law firms reminded investors that November 23 is the deadline to seek lead-plaintiff status in a class action covering purchases from June 29 through September 1, 2026. The lawsuit alleges Honeywell Aerospace made misleading statements; one notice alleges supplier constraints affecting roughly 2% of suppliers hindered hundreds of millions of dollars in revenue output. The claims are allegations, not established findings, but the litigation and related uncertainty are potential negatives for HONA. Honeywell Aerospace shareholder alert Class-action announcement and deadline

Honeywell Aerospace Stock Up 7.7%

Shares of HONA stock opened at $164.77 on Tuesday. The firm has a market cap of $52.24 billion and a P/E ratio of 88.11. The business's 50 day moving average is $159.31. Honeywell Aerospace has a 52 week low of $147.40 and a 52 week high of $297.50.

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

Honeywell Aerospace Announces Dividend

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 $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, November 13th.

About Honeywell Aerospace

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.

Honeywell Aerospace grew out of Honeywell International's aerospace business, which built on the company's long-standing work in aviation technologies.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.