Corda Investment Management Buys into Honeywell Aerospace for $11.6M

Corda Investment Management LLC has made a new investment in Honeywell Aerospace (NASDAQ:HONA) by purchasing 51,841 shares of the company's stock. This purchase is valued at approximately $11,607,000.

Several other hedge funds also acquired new positions in Honeywell Aerospace during the second quarter. These include Hardy Reed LLC ($1,151,000), Plan Group Financial LLC ($270,000), Mill Capital Management LLC ($419,000), Bryn Mawr Trust Advisors LLC ($1,301,000), and Oppenheimer Asset Management Inc. ($8,809,000).

According to analysts, Honeywell Aerospace has a market cap of $52.73 billion and a price-to-earnings ratio of 88.96. The company's stock opened at $166.36 on Friday.