HONA changes
Pick any two versions below to diff them.
- Price
- $154.15 → $169.53(+10.0%)
- Discount category
- Deep below intrinsic value → Far below intrinsic value
- Recent events
- Oct 28, 2026: Honeywell Aerospace reported third-quarter 2026 results. Sales grew 2%, reported and organic, to $4.64 billion. Commercial aftermarket sales grew only 2%, to $2.13 billion, because mechanical parts were short. Adjusted EBIT grew 1% to $1.16 billion, with a net benefit of about $50 million from tariff refunds. Adjusted EPS was $2.21 and free cash flow was $500 million. The backlog grew 12% to $19.3 billion. The company kept 2026 organic sales growth guidance at 4% to 5%. It raised adjusted EPS guidance to $7.85 to $8.00, from $7.60 to $7.90, and second-half free cash flow guidance to $1.2 to $1.4 billion. It narrowed adjusted EBIT guidance to $4.375 to $4.425 billion. Oct 28, 2026: Honeywell Aerospace declared its first quarterly dividend as an independent company, $0.40 per share, payable on December 4, 2026. It also said it will build a $500 million, 300,000 square foot factory in Tempe, Arizona, which opens in late 2028. The factory adds in-house machining of complex parts, an area where its suppliers are short of capacity. removed: Oct 7, 2026: Goldman Sachs started coverage of Honeywell Aerospace with a Neutral rating and a $190 price target. Two days later, TD Cowen cut its target to $170 from $180 and kept a Hold rating. Sep 30, 2026: Law firms announced a securities class action, Green v. Honeywell Aerospace, Inc. (D. Ariz., No. 26-cv-06779), on behalf of investors who bought shares between June 29 and September 1, 2026. It alleges Honeywell Aerospace made false or misleading statements about supplier concentration risk and did not disclose the DOJ cybersecurity investigation before its August 5, 2026 guidance cut. The lead-plaintiff deadline is November 23, 2026. Sep 29, 2026: Honeywell Aerospace confirmed that it will report third-quarter 2026 results on October 28, 2026, after the Nasdaq close, with a call at 5:00 p.m. EDT. Sep removed: 14, 2026: Melius Research downgraded Honeywell Aerospace to Hold from Buy and cut its price target to $190 from $216. Reports said Melius expects slower aftermarket growth next year. Sep 9, 2026: At investor conferences in September, CEO James Currier said the company reacted too late to its supplier problems. He said ten suppliers of metal parts are the main bottlenecks. Sep 4, 2026: S&P Dow Jones Indices said Honeywell Aerospace would leave the S&P 100 on September 21, 2026. The stock stays in the S&P 500. Sep 1, 2026: Director Craig Arnold bought 6,400 Honeywell Aerospace shares at $156.00 each, about $1.0 million, in an open-market purchase. Sep 1, 2026: The US Attorney's Office for the Western District of North Carolina announced that Honeywell Aerospace agreed to pay $2.04 million to settle False Claims Act allegations that it did not meet cybersecurity requirements in US Department of Defense contracts from 2020 to 2023. Aug removed: 19, 2026: Morgan Stanley upgraded Honeywell Aerospace to Overweight from Equal Weight, with a $205 price target. The stock rose about 6% that day. Aug 12, 2026: Honeywell Aerospace completed an exchange offer, swapping about $16 billion of unregistered senior notes issued for the spin-off into registered notes, with 98% or more of each series tendered. Aug 5, 2026: Honeywell Aerospace reported its first quarterly results as an independent public company: Q2 2026 revenue of $4.52 billion, up 5% organically. It cut 2026 organic sales growth guidance to 4% to 5% from 7% to 9%, and adjusted EBIT guidance to $4.35 to $4.45 billion, because of parts shortages. It also disclosed a $3.5 billion share buyback that the board approved on July 23, 2026. The next day, the stock fell to a low of $150.03 and closed 23% lower, at $156.47. Jul 20, 2026: IndiGo chose Honeywell Aerospace avionics and auxiliary power units for 810 Airbus A320neo-family aircraft. The companies did not disclose the value of the deal. Jun 29, 2026: Honeywell Aerospace completed its spin-off from Honeywell Technologies and began trading on Nasdaq as HONA. It also joined the S&P 500 and the S&P 100. Oct 30, 2025: Honeywell completed the spin-off of Solstice Advanced Materials (ticker SOLS), the first of the two spin-offs that separated Honeywell into three independent companies.