Stocks
CalSTRS Invests Billions in Honeywell Aerospace
The California State Teachers Retirement System (CalSTRS) recently made a significant investment in Honeywell Aerospace, purchasing approximately $24.05 billion worth of shares.
This new stake is equivalent to about 108 million shares and represents roughly 34% of the company's outstanding stock.
Honeywell Aerospace has been the subject of several research reports from major firms such as Morgan Stanley, Jefferies Financial Group, TD Cowen, Zacks Research, and Royal Bank Of Canada.