Haverford Financial Invests Heavily in Honeywell Aerospace
Haverford Financial Services Inc., a financial services firm, has invested in Honeywell Aerospace. According to a recent SEC filing, Haverford acquired approximately $6.6 million worth of Honeywell Aerospace shares during the second quarter. The new investment accounts for about 1.9% of Haverford's portfolio and is its 21st largest position.
A number of other institutional investors also made similar moves in the second quarter, including Meeder Asset Management Inc., Bell Investment Advisors Inc., Strategic Wealth Advisors LLC, Mowery & Schoenfeld Wealth Management LLC, and Gables Capital Management Inc. Each of these firms purchased between $29,000 to $47,000 worth of Honeywell Aerospace shares.
Honeywell Aerospace has a market capitalization of around $52 billion and a price-to-earnings ratio of 88.09. The company's stock opened at $164.73 on Monday, June 15th. Analysts have set an average price target of $224.17 for Honeywell Aerospace shares.