EP Wealth Advisors LLC Invests Heavily in Honeywell Aerospace
Financial services firm EP Wealth Advisors LLC has invested in Honeywell Aerospace (NASDAQ:HONA), purchasing approximately $37,609,000 worth of shares in the second quarter. The company acquired 170,113 new shares and currently owns 0.05% of Honeywell Aerospace's stock.
This is not an isolated investment; several other institutional investors have also modified their holdings of the business during the same period. BlackRock Inc., Bank of New York Mellon Corp, Mitsubishi UFJ Asset Management Co. Ltd., Deutsche Bank AG, and Madison Asset Management LLC all acquired new stakes in Honeywell Aerospace.
Honeywell Aerospace has a market cap of $52.21 billion and a PE ratio of 88.09. Analysts have set a consensus target price of $224.17 for the company, with some predicting strong growth potential.