Honeywell Aerospace Sees Significant Institutional Investment

Beacon Pointe Advisors LLC recently purchased 46,764 shares of Honeywell Aerospace (NASDAQ:HONA) stock in its second quarter filing with the SEC. This investment was valued at approximately $10,339,000. The company's total market cap is now over $51 billion.

This is not an isolated instance; several other institutional investors have also bought into Honeywell Aerospace this quarter. Kimelman & Baird LLC purchased a new position in the company worth around $14 million, while Pin Oak Investment Advisors Inc. acquired a stake valued at approximately $1.66 million.