Haverford Trust Co Buys 446,840 Shares in Honeywell Aerospace

Haverford Trust Co has invested in Honeywell Aerospace (NASDAQ:HONA), purchasing 446,840 shares valued at approximately $98,787,000. This purchase was made in the second quarter of this year, as reported in the company's most recent 13F filing with the SEC.

The firm's new stake in Honeywell Aerospace accounts for about 0.14% of the company's total shares outstanding. Haverford Trust Co is not the only investor to have recently purchased shares of Honeywell Aerospace; other hedge funds, such as Clear Harbor Asset Management LLC and Bank of Nova Scotia, have also made significant investments in the company.

The stock price of Honeywell Aerospace has experienced fluctuations over the past year, with a high of $297.50 and a low of $150.03. The current market capitalization of the company is approximately $52.21 billion, and its price-to-earnings ratio stands at 88.09.