Honeywell Aerospace (HONA) stock

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NASDAQ: HONA Nasdaq Aerospace & Defense

Honeywell Aerospace is a US-listed company in the aerospace & defense industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$110

Valuation models combined (2)

Base case. Range ~$66–$210. Weighted average of 2 models (growth cash-flow model, forward price-to-earnings vs peers), the growth cash-flow model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Honeywell Aerospace valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Insiders1 buying, 0 selling1 purchase and 0 sales by directors and officers, last 12 monthsInsider trades
Funds2,003 adding, 0 cuttingOf 81 active managers that changed their stake, 81 added; quarter to June 30, 2026Fund buyers and sellers
Congress0 purchases, 4 salesBy 6 members of Congress, last 12 months, as disclosedTrades by members of Congress

The Fundamentalytics view

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 19% in the quarter to 2026-09-30.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Honeywell Aerospace's latest figures clears our strength thresholds.

Things to watch

Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 11.3% over 90 days.

Latest results

Earnings per share: $2.21 against an average estimate of $1.86: beat by 19.0%
Share reaction: -4.7% in the first session after the results on October 28, 2026, against 0.0% for the S&P 500
Guidance given: organic growth growth 4% to 5% (full-year 2026); pro forma standalone adjusted EBIT $4.38bn to $4.43bn (full-year 2026)
Next report: October 28, 2026; average EPS estimate $2.14

Honeywell Aerospace's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

1 day+2.5%
1 week-6.3%
1 month+2.1%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Earnings

Last results: October 28, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

October 28, 2026Announcement

Honeywell Aerospace to build new state-of-the-art manufacturing facility in Arizona to support growing commercial and defense demand

Company announcement headlineRead source ↗
October 28, 2026Dividend

Honeywell Aerospace declares first quarterly cash dividend

Company announcement headlineRead source ↗
October 28, 2026Results

Honeywell Aerospace reported results; made a public disclosure; disclosed a material event

SEC 8-KRead source ↗
October 28, 2026Guidance

Guidance issued: organic growth of 4.00 to 5.00 for the full-year 2026

The company also guided to pro forma standalone adjusted ebit of $4.38bn to $4.42bn for the full-year 2026; pro forma standalone adjusted ebit year-over-year growth of 1.00 to 2.00 for the full-year 2026.

Company results release
August 5, 2026Results

Honeywell Aerospace reported results; announced a director or officer change; disclosed a material event

SEC 8-KRead source ↗

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Honeywell Aerospace valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value Honeywell Aerospace as an operating company, with every model that fits that kind of business. Cost of equity 10.2%: the 10-year Treasury yield (4.9%) plus a beta of 1.16 times a 4.5% equity risk premium.

Value per share by model
Model	Value per share	In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts.	~$66 ~$35–$89	Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts.	~$210 ~$170–$300	Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years.	—	Does not apply: no twelve-month earnings or share count in the filings yet
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns.	—	Does not apply: no twelve-month earnings or share count in the filings yet
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts.	~$0.0 ~$110–$340	Left out: out of range vs price (0.00x)
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable.	—	Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out.	~$110 ~$66–$210	2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Honeywell Aerospace with Aerospace & Defense in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Honeywell Aerospace: consensus estimates
Fiscal year	EPS	Growth	Revenue	Growth
Current	$7.22	—	$18.4bn	+6%
Next	$8.85	+13%	$19.8bn	+7%

Next year's EPS estimate has moved −11.3% in 90 days, across 14 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −13.8% on 90 days ago. In the last 30 days, 0 analysts raised Honeywell Aerospace's forecast and 5 cut it.

Consensus EPS forecast Honeywell Aerospace, last 90 days

Average of analysts' published estimates (third-party data).

View chart data

Period	Current fiscal year	Next fiscal year
90 days ago	$8.38	$9.97
60 days ago	$6.88	$9.08
30 days ago	$6.75	$9.08
7 days ago	$6.98	$8.89
Now	$7.22	$8.85

Earnings against estimates

Honeywell Aerospace: reported EPS against the consensus estimate
Quarter to	Estimate	Actual	Surprise
Sept 2026	$1.86	$2.21	+19.0%
Jun 2026	$2.12	$1.87	−11.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 28, 2026

Organic growth full-year 2026 4% growth to 5% growth Non-GAAP Maintained

“Organic 1,4 growth 4% - 5% 4% - 5%” source
Pro forma standalone adjusted earnings per share full-year 2026 $7.85 to $8.00 Non-GAAP Raised

“Pro forma standalone adjusted earnings per share 1,3,4 $7.60 - $7.90 $7.85 - $8.00” source
Pro forma standalone adjusted EBIT full-year 2026 $4.375bn to $4.425bn Non-GAAP Narrowed

“Pro forma standalone adjusted EBIT 1,4 $4.35B - $4.45B $4.375B - $4.425B” source
Pro forma standalone adjusted EBIT year-over-year growth full-year 2026 1% growth to 2% growth Non-GAAP Raised

“Year-over-year growth 1,4 Flat - 3% Up 1% - 2%” source
Second half free cash flow second half 2026 $1.2bn to $1.4bn Non-GAAP Raised

“Second half free cash flow 1,4 $1.0B - $1.4B $1.2B - $1.4B” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

17 analysts, Oct 2026

Buy529%

Hold1271%

Sell00%

Monthly trend

Oct 2026231217
Sep 2026241016
Aug 202624915
Jul 2026231015

Counts of recommendations published by analysts covering Honeywell Aerospace, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest: —
Days to cover: 2.15
Short interest, 1 month: +41%
Held by institutions: 79%
Held by insiders: 0.1%
Employees: 30,000

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Price behaviour

52-week range: Not enough history
From 52-week high: —
vs 50-day average: −1.2%
vs 200-day average: —
Volatility (1 year): —
Beta vs S&P 500: —

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day: 0 up, 3 down
After a week: 1 up, 1 down
After a month: 0 up, 2 down

Honeywell Aerospace: share-price change after each results release
Results released	Next day	S&P 500 next day	5 days	21 days
October 28, 2026	−4.7%	0.0%	—	—
August 5, 2026	−27.7%	−0.4%	−22.5%	−28.4%
June 29, 2026	0.0%	+2.4%	+7.8%	−7.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial health

1 of 3 checks passed · September 26, 2026

What it owns · $23.0bn

Short-term assets $10.5bnLonger-term assets $12.5bn

What it owes, and who funded it · $25.5bn

Short-term liabilities $6.4bnLonger-term liabilities $19.1bnShareholders' equity $-2.6bn

Short-term assets cover short-term liabilities $10.5bn of assets due within a year against $6.4bn of liabilities due within a year.
Short-term assets cover long-term liabilities $10.5bn short-term assets against $19.1bn of longer-dated liabilities.
More cash than debt $1.6bn of cash against $15.9bn of debt.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Honeywell Aerospace's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Who owns it

Funds buying and selling

Reported value: $51.2B
Institutions reporting: 2,032
Positions opened / closed: 2003 / 0

2,003 bought 0 sold

Top buyers and sellers, Q2 2026: 2,003 institutions bought and 0 sold ; the biggest buyer was Blackrock, Inc (+23.8M shares) . See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager	Value	Shares	Share of 13F value	Shares QoQ
Blackrock, Inc.	$5.3B	23.8M	10.3%	—
Vanguard Capital Management LLC	$4.6B	20.7M	8.9%	—
Invesco Ltd.	$2.8B	12.9M	5.6%	—
Morgan Stanley	$2.1B	9.3M	4.0%	—
Geode Capital Management, LLC	$1.8B	8.2M	3.5%	—
Wellington Management Group LLP	$1.7B	7.7M	3.3%	—
Vanguard Portfolio Management LLC	$1.7B	7.5M	3.3%	—
Goldman Sachs Group Inc	$1.6B	7.4M	3.2%	—
Franklin Resources Inc	$1.4B	6.5M	2.8%	—
Massachusetts Financial Services Co	$1.4B	5.0M	2.7%	—
Bank Of America Corp	$1B	4.7M	2.0%	—
Jpmorgan Chase & Co	$855M	3.9M	1.7%	—

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Honeywell Aerospace's complete shareholder register. Values are as reported by the filers ; 4 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart

Insider purchases History → $998,400 1 trade by 1 insider, last 12 months Insider sales History → $0 0 trades by 0 insiders

Net ▲ $998,400 net buying

Recent insider open-market transactions
Insider	Date	Trade	Shares	Price	Value
Arnold Craig Director	September 1, 2026	Buy	6,400	$156.00	$998,400

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 8 trades and filings

In the last 12 months, 6 members of Congress disclosed 0 purchases and 4 sales of Honeywell Aerospace shares.

Carol D. Miller(R-WV 1):Sale (full), $710.52, traded September 29, 2026, filed October 30, 2026
Maria Elvira Salazar(R-FL 27):Sale (partial), $1,001 - $15,000, traded September 24, 2026, filed October 7, 2026
Kevin Hern(R-OK 1):Sale (full), $15,001 - $50,000, traded August 19, 2026, filed September 1, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

October 28, 2026
August 5, 2026
June 29, 2026

Recent SEC filings

10-Q Quarterly report October 28, 2026
8-K Current report October 28, 2026
10-Q Quarterly report August 5, 2026
8-K Current report August 5, 2026
S-4 S-4 July 6, 2026
8-K Current report June 29, 2026
8-K Current report June 25, 2026
8-K Current report June 15, 2026

Data status

When each part of this page on Honeywell Aerospace was last updated.

Data	Last updated	Source
Share price	November 2, 2026	Exchange closing prices
News and updates	October 31, 2026, 7:55pm ET	Company releases and SEC 8-K filings
Analyst estimates	October 30, 2026, 11:48am ET	Aggregated analyst estimates
Valuation and scores	November 3, 2026, 9:19am ET	Our models, from the filed figures

How we build and check these figures: methodology and data sources.

Honeywell Aerospace in brief

What does Honeywell Aerospace do?: Honeywell Aerospace is a US-listed company in the aerospace & defense industry. Its financial year ends in December.
What is Honeywell Aerospace's stock ticker?: Honeywell Aerospace trades under the ticker HONA on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Honeywell Aerospace's largest institutional shareholders?: By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Invesco Ltd. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Are insiders buying or selling Honeywell Aerospace stock?: Over the last 12 months, Honeywell Aerospace's directors and officers reported 1 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.