Elevation Point opens $3M position in Honeywell Aerospace as blue-chip funds pile in
What's the deal? Elevation Point Wealth Partners LLC acquired a new position in Honeywell AerospaceDealroom has a profile for this one. Try Dealroom → (NASDAQ: HONA) in Q2 2026, buying 13,182 shares worth roughly $2,951,000, according to its latest Form 13F filing with the Securities and Exchange Commission.
Who else is buying? BlackRock opened a new position in shares of Honeywell AerospaceDealroom has a profile for this one. Try Dealroom → during Q2 2026 valued at $5,253,341,000. Bank of New York Mellon acquired a new stake in Honeywell Aerospace valued at $644,412,000, while Mitsubishi UFJ Asset ManagementDealroom has a profile for this one. Try Dealroom → acquired a new stake valued at $205,658,000. Deutsche BankDealroom has a profile for this one. Try Dealroom → and Madison Asset Management purchased new positions valued at roughly $152,933,000 and $49,743,000, respectively.
What does it do? Honeywell AerospaceDealroom has a profile for this one. Try Dealroom → manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defence, business aviation, and space markets. Its products span auxiliary power units, cockpit systems and displays, navigation products and radios, satellite communications, sensors, and wheels and braking systems.
The numbers: Shares opened at $164.73 on Friday, below the stock's 52-week high of $297.50 and near its low of $150.03. The company carries a market capitalisation of $52.21 billion and a P/E ratio of 88.09.
Earnings picture: Honeywell AerospaceDealroom has a profile for this one. Try Dealroom → last released its earnings results on June 15, 2026, reporting quarterly revenue of $4.35 billion. Analysts expect the company to post earnings per share of 7.75 for fiscal 2026.
What analysts say: The stock holds an average rating of "Hold" and an average target price of $224.17. Recent analyst actions include an Evercore price objective of $210, a Vertical Research "hold" rating with a $243 target, a Jefferies target of $175, a Wells Fargo target of $195, and a Melius Research upgrade to "strong-buy".
The signal: Institutional buying arrives as analysts set mixed ratings and price targets while shares trade below their 52-week peak, highlighting differing views on the aerospace supplier's valuation.
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