HBK Investments L P Dives into Honeywell Aerospace with $5.528 Million Bet

HBK Investments L P has made a new investment in Honeywell Aerospace (NASDAQ:HONA), purchasing 25,004 shares valued at approximately $5.528 million during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission.

This is not an isolated case, as several other large investors have also modified their holdings of HONA in the same period.

Honeywell Aerospace stock traded up 3.6% on Wednesday, hitting $164.18 per share, with a market capitalization of $52.04 billion and a PE ratio of 87.80.