Brown Lisle Cummings Inc. Invests Heavily in Honeywell Aerospace
Brown Lisle Cummings Inc., an institutional investor, has acquired a significant stake in Honeywell Aerospace (NASDAQ:HONA). According to its most recent 13F filing with the SEC, Brown Lisle Cummings Inc. purchased approximately 8,229 shares of Honeywell Aerospace's stock, valued at $1,819,000.
This is not an isolated instance of investment interest in Honeywell Aerospace. Other large investors have also added to their stakes in the company during the second quarter, including Ironvine Capital Partners LLC, SFE Investment Counsel, Werlinich Asset Management LLC, Nwam LLC, and MidFirst Bank.
Honeywell Aerospace has a market capitalization of $51.03 billion and a P/E ratio of 86.10. The company reported $6,340,000 in earnings per share for the quarter, with revenue of $4.35 billion. Wall Street analysts forecast that Honeywell Aerospace will post $7.75 EPS for the current fiscal year.