B & T Capital Management Boosts Stake in Honeywell Aerospace

B & T Capital Management DBA Alpha Capital Management recently made significant investments in Honeywell Aerospace (NASDAQ:HONA). According to the company's latest SEC filing, B & T purchased a new position of 12,120 shares valued at approximately $2.68 million during the second quarter.

This is not an isolated instance as other large investors also increased their stakes in HONA during the same period. SCS Capital Management LLC and SFE Investment Counsel acquired new positions worth $1.82 million and $2.98 million, respectively. Oppenheimer Asset Management Inc. and IMC Chicago LLC purchased new stakes valued at $8.81 million and $10.51 million, respectively.

Honeywell Aerospace's shares have been performing relatively well, opening at $161.56 on Tuesday with a market capitalization of $51.21 billion and a price-to-earnings ratio of 86.40.