Stocks
Arizona State Pension Fund Invests Heavily in Honeywell Aerospace Stock
The Arizona State Retirement System has made a significant investment in Honeywell Aerospace. The system acquired 88,194 shares of the company's stock during the second quarter, valued at approximately $19,498,000.
This is not the only institutional investor to have purchased shares in Honeywell Aerospace recently. Ameliora Wealth Management Ltd., Leo H. Evart Inc., Outlook Capital Management LLC, Meeder Asset Management Inc., and Bell Investment Advisors Inc. all bought new stakes in the company during the second quarter.
Honeywell Aerospace has a market capitalization of $49.26 billion and a PE ratio of 83.11. The company's stock opened at $155.42 on Wednesday, with a 50-day moving average of $189.76.