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Bank of America Takes Billion-Dollar Stake in Honeywell Aerospace

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HON
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Bank of America Corp DE has taken a significant position in Honeywell Aerospace (NASDAQ:HONA), purchasing 4,677,887 shares valued at approximately $1.034 billion.

This stake is worth around 1.48% of the company's total stock. The investment was made during the second quarter, according to the latest Form 13F filing with the SEC.

Other hedge funds have also invested in Honeywell Aerospace recently, including SFE Investment Counsel, MidFirst Bank, IMC Chicago LLC, Oppenheimer Asset Management Inc., and Hsbc Holdings PLC.

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