Stocks
Allworth Financial LP Invests $16.47 Million in Honeywell Aerospace
Financial services firm Allworth Financial LP has invested $16.47 million in Honeywell Aerospace, as revealed by its Form 13F filing with the SEC. The investment consists of 74,489 shares purchased during the second quarter. This is not an isolated instance, as several other institutional investors and hedge funds have also made new stakes in Honeywell Aerospace.
The company's most recent earnings report showed $6,340,000.00 EPS for the quarter and revenue of $4.35 billion. On average, analysts forecast that Honeywell Aerospace will post 7.75 earnings per share for the current fiscal year.