6,327 Shares in Honeywell Aerospace $HONA Bought by Grove Bank & Trust

Grove Bank & Trust purchased a new stake in Honeywell Aerospace (NASDAQ:HONA) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,327 shares of the company’s stock, valued at approximately $980,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ironvine Capital Partners LLC bought a new position in shares of Honeywell Aerospace in the second quarter valued at about $10,452,000. Sequoia Financial Advisors LLC bought a new stake in shares of Honeywell Aerospace during the 2nd quarter worth about $24,175,000. Tidal Investments LLC acquired a new position in Honeywell Aerospace in the 2nd quarter valued at about $6,331,000. Werlinich Asset Management LLC acquired a new position in Honeywell Aerospace in the 2nd quarter valued at about $1,478,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in Honeywell Aerospace in the 2nd quarter valued at about $3,693,000.

Key Honeywell Aerospace News

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

• Positive Sentiment: Goldman Sachs began coverage with a Neutral rating and a $190 price target, citing Honeywell Aerospace’s long-term potential. The target suggests meaningful upside, although the Hold-equivalent rating indicates limited near-term conviction. Goldman Sachs coverage of Honeywell Aerospace
• Neutral Sentiment: Multiple law firms, including Bronstein Gewirtz & Grossman, Robbins Geller, Pomerantz, SueWallSt, Rosen, and Faruqi & Faruqi, reminded investors of a November 23, 2026 deadline to seek lead-plaintiff status in a proposed class action covering purchases from June 29 through September 1, 2026. The repeated announcements largely restate the same litigation rather than represent new operating developments. Honeywell Aerospace class-action announcement
• Negative Sentiment: The lawsuits allege Honeywell Aerospace’s SEC disclosures understated or failed to reveal that a small group of constrained suppliers were limiting hundreds of millions of dollars in output and that a Justice Department inquiry was already pending. One notice claims shareholders lost $49.40 per share across two corrective events. These are allegations, not court findings, but the litigation creates legal, reputational, and potential financial risks for HONA. SueWallSt Honeywell Aerospace securities lawsuit alert

Analysts Set New Price Targets

HONA has been the subject of several research reports. Wells Fargo & Company set a $195.00 price objective on shares of Honeywell Aerospace in a research report on Monday, August 10th. Vertical Research initiated coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They set a “hold” rating and a $243.00 target price on the stock. Evercore set a $210.00 price target on Honeywell Aerospace in a report on Thursday, August 6th. Weiss Ratings assumed coverage on Honeywell Aerospace in a research note on Friday, September 11th. They issued a “sell (d)” rating for the company. Finally, JPMorgan Chase & Co. started coverage on Honeywell Aerospace in a report on Friday, July 10th. They issued a “neutral” rating and a $255.00 price objective on the stock. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $217.33.

Honeywell Aerospace Stock Performance

Shares of NASDAQ HONA traded up $0.94 during mid-day trading on Thursday, reaching $154.01. The company had a trading volume of 3,263,842 shares, compared to its average volume of 3,640,417. Honeywell Aerospace has a one year low of $149.19 and a one year high of $297.50. The firm has a market cap of $48.81 billion and a price-to-earnings ratio of 82.36. The company has a 50-day moving average price of $164.25.

Honeywell Aerospace (NASDAQ:HONA) last issued its earnings results on Monday, June 15th. The company reported $6,340,000.00 EPS for the quarter. The firm had revenue of $4.35 billion during the quarter. Equities research analysts predict that Honeywell Aerospace will post 7.75 EPS for the current fiscal year.

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.