Securities Class Action Filed Against Honeywell Aerospace Inc. – HONA Investors Encouraged to Contact Kirby McInerney LLP
Securities Class Action Filed Against Honeywell Aerospace Inc. – HONA Investors Encouraged to Contact Kirby McInerney LLP
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Honeywell Aerospace Inc. (“Honeywell Aerospace” or the “Company”) (NASDAQ: HONA) securities between June 29, 2026 and September 1, 2026, inclusive (“the Class Period”). If you suffered a loss on your Honeywell Aerospace investments, you have until November 23, 2026 to request lead plaintiff appointment.
[CONTACT THE FIRM IF YOU SUFFERED A LOSS]
Investors are encouraged to fill out the contact form above or contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com to discuss your rights or interests in the securities fraud class action lawsuit at no cost.
What Is This Lawsuit About? The lawsuit alleges that Honeywell Aerospace made false and/or misleading statements and failed to disclose that: (i) a small percentage of the Company’s suppliers had a “disproportionate impact” on sales; (ii) those suppliers were suffering supply constraints; (iii) the foregoing was reasonably likely to have a material unfavorable impact on sales and profitability; and (iv) the Company was under investigation for potential violations of the False Claims Act for failing to comply with cybersecurity requirements for government contracts.
On August 5, 2026, Honeywell Aerospace announced its second quarter 2026 financial results, reporting that net income fell 70% year-over-year and adjusted earnings per share declined 32% year-over-year. The Company reported net income of $256 million, well below consensus estimates expecting $684 million. Additionally, Honeywell Aerospace slashed its full year 2026 guidance and reduced its expected year-over-year EBIT growth from 7%-10% to flat 3%. The Company attributed these financial results to the fact that “[o]ur supply base has not been able to ramp in the manner we were expecting earlier this year,” with President and CEO James Currier stating, “We faced supply chain constraints in the first quarter that resulted in factory volume growth below expectations… I underestimated how long it would take to implement and see traction from the corrective measures we had taken and are taking.” On this news, the price of Honeywell Aerospace shares declined by $47.17 per share, or approximately 31.16%, from $203.64 per share on August 5, 2026 to close at $156.47 on August 6, 2026.
On September 1, 2026, the Justice Department announced that the Company agreed to “pay over $2 million to settle False Claims Act allegations of failing to comply with cybersecurity requirements in a U.S. Department of Defense contract.” On this news, the price of the Honeywell Aerospace shares declined by $3.87 per share, or approximately 2.45%, from $158.11 per share on August 31, 2026 to close at $154.24 per share on September 1, 2026.
[LEARN MORE ABOUT THE LAWSUIT]
The Lead Plaintiff Appointment Process. The federal securities laws permit any investor who acquired eligible securities during the class period to seek appointment as lead plaintiff in a class action lawsuit. Courts do not consider lead plaintiff applications submitted after the relevant deadline. If you choose to take no action, you may remain an absent class member. Learn more about the lead plaintiff process and eligibility requirements here. Courts typically appoint the investor(s) with the largest financial loss in the case and the ability to represent the class rather than investors with simply the largest investment portfolio. Courts regularly appoint individual investors, whether acting alone or as a group, as lead plaintiffs. The rights of any investor who bought shares during the class period are generally already protected. However, lead plaintiffs have the power to influence case strategy and have a say in settlement decisions, as well as decisions concerning allocation of settlement funds among class members.
[LEARN MORE ABOUT THE LEAD PLAINTIFF PROCESS]
What Should I Do? If you purchased or otherwise acquired Honeywell Aerospace securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Kirby McInerney LLP
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
investigations@kmllp.com
