Honeywell Aerospace

Honeywell Aerospace, spun off from Honeywell International in June 2026, was added to the Madison Large Cap Fund after the company reported a $52.2 billion market cap and a one‑month share decline of 21.87%. The fund highlighted Honeywell Aerospace’s leading position in aircraft components and avionics, noting ~90% of in‑service aircraft contain its products. Madison expects the standalone structure to improve management incentives and capital allocation, supporting an attractive growth outlook that it believes is underappreciated. » More on finance.yahoo.com

Honeywell Aerospace shares gained 2.8% in pre-market trading after Morgan Stanley raised its rating from equal-weight to overweight and set a $205 price target. The bank views the sharply fallen valuation since the spin-off as a buying opportunity, citing discounts versus peers and declining short-interest levels. Operational risks such as supply-chain issues and a revised Q2 forecast remain, but the upgrade is seen as a short-term catalyst for the stock. » More on de.investing.com

Honeywell Aerospace reports a 5% rise in revenue to $4.5bn in the first quarter as a standalone company, while net profit collapsed from $852m to $256m (≈‑70%). The company trimmed its annual targets: organic revenue growth now 4–5% instead of 7–9% and pro forma adjusted EBIT of $4.35–4.45bn; management also cited adjusted EPS of $7.60–7.90. Weighing on results were one‑time separation costs of $329m and, for the first time, $200m of interest expense; adjusted EPS fell by 32%. Positive: order backlog rose 9% to $18.2bn and the aftermarket business grew 8%, though there are significant differences between segments. » More on finanzen.net