Honeywell Aerospace (NASDAQ:HONA) Stock Breaks Below Fifty Day Moving Average After Analyst Downgrade

Key Points

• Honeywell Aerospace shares fell below their 50-day moving average, trading as low as $153 after JPMorgan cut its price target from $235 to $210 while maintaining a neutral rating.
• The company reported strong third-quarter results, with adjusted EPS of $2.21 beating the $1.90 consensus, revenue of $4.64 billion, raised 2026 earnings guidance, and a 12% backlog increase to $19.3 billion.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and $198.93 target. Investors are weighing supplier bottlenecks, margin pressure, independence-related costs and potentially delayed output growth despite the company’s new $0.40 quarterly dividend and planned $500 million Arizona facility.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Thursday after JPMorgan Chase & Co. lowered their price target on the stock from $235.00 to $210.00. The stock has a fifty day moving average of $160.23 and traded as low as $153.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. Honeywell Aerospace shares last traded at $160.04, with a volume of 7,431,058 shares trading hands.

Other equities analysts also recently issued research reports about the company. Wells Fargo & Company set a $195.00 price objective on Honeywell Aerospace in a research report on Monday, August 10th. Wall Street Zen upgraded Honeywell Aerospace to a "hold" rating in a research report on Sunday, July 12th. Jefferies Financial Group set a $175.00 target price on shares of Honeywell Aerospace and gave the company a "hold" rating in a research note on Sunday, August 9th. Melius Research set a $190.00 price target on shares of Honeywell Aerospace in a report on Monday, September 14th. Finally, Vertical Research assumed coverage on shares of Honeywell Aerospace in a research note on Wednesday, July 1st. They issued a "hold" rating and a $243.00 price target on the stock. Five research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $198.93.

Key Honeywell Aerospace News

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

• Positive Sentiment: Honeywell Aerospace reported third-quarter adjusted EPS of $2.21, above the $1.90 consensus estimate, on revenue of approximately $4.6 billion. The company raised its 2026 adjusted EPS outlook to $7.85–$8.00 and reported a 12% increase in backlog to $19.3 billion. Honeywell Aerospace Q3 Earnings Beat Estimates
• Positive Sentiment: The company declared its first quarterly dividend of $0.40 per share, payable December 4 to shareholders of record November 13. It also raised its second-half free-cash-flow guidance. Honeywell Aerospace declares first quarterly cash dividend
• Positive Sentiment: Honeywell plans to invest $500 million in a new 300,000-square-foot Tempe, Arizona manufacturing facility, expected to create about 600 jobs and expand capacity for commercial aviation and defense programs. Honeywell Aerospace Arizona manufacturing facility
• Neutral Sentiment: Analyst views were mixed: BNP Paribas increased its price target to $175, while JPMorgan lowered its target to $210 and kept a neutral rating; Evercore ISI reduced its target to $195. These targets remain above the current trading level but signal caution about near-term execution.
• Negative Sentiment: Investors appeared more concerned about modest adjusted EBIT growth, mechanical-supplier bottlenecks, margin pressure and higher costs associated with operating as a newly independent company. Management indicated that more substantial output growth may not arrive until 2027, while some quarterly benefit came from tariff refunds and deal timing. Why Honeywell Aerospace Stock Fell Today
• Negative Sentiment: Honeywell Aerospace is facing several investor-law-firm notices regarding a securities class action covering purchases from June 29 through September 1, 2026. The complaints allege that investors were not adequately informed about supplier constraints and a Justice Department cybersecurity investigation; the allegations have not been proven. Lead-plaintiff deadlines cited in the notices include October 30 and November 23, 2026. Honeywell Aerospace shareholder alert

Institutional Investors Weigh In On Honeywell Aerospace

Several hedge funds have recently modified their holdings of HONA. Providence Wealth Advisors LLC purchased a new stake in Honeywell Aerospace in the 3rd quarter valued at $1,597,000. Welch Group LLC boosted its stake in Honeywell Aerospace by 2.4% during the 3rd quarter. Welch Group LLC now owns 3,875 shares of the company's stock worth $601,000 after purchasing an additional 89 shares during the period. Greenleaf Trust purchased a new position in Honeywell Aerospace during the 3rd quarter worth $8,011,000. Hoey Investments Inc. purchased a new position in Honeywell Aerospace during the 3rd quarter worth $168,000. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in Honeywell Aerospace by 158.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 765,183 shares of the company's stock valued at $118,580,000 after purchasing an additional 468,664 shares during the period.

Honeywell Aerospace Price Performance

The stock's 50 day simple moving average is $160.23. The firm has a market cap of $50.72 billion and a P/E ratio of 85.58.

Honeywell Aerospace (NASDAQ:HONA - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, topping the consensus estimate of $1.90 by $0.31. The company had revenue of $4.64 billion for the quarter. On average, analysts forecast that Honeywell Aerospace will post 7.77 earnings per share for the current fiscal year.

Honeywell Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders 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 annualized dividend and a yield of 1.0%.

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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