Honeywell Aerospace Sees Surge in Institutional Investor Interest

Deutsche Bank AG has acquired a new position in Honeywell Aerospace (NASDAQ:HONA) through its most recent 13F filing with the Securities and Exchange Commission. In the second quarter, Deutsche Bank bought 662,791 shares of the company's stock, valued at approximately $146,530,000.

This is not an isolated instance, as several other large investors have also made changes to their positions in Honeywell Aerospace during the same period. Perigon Wealth Management LLC acquired a new position worth $2,975,000, while Commerzbank Aktiengesellschaft FI and Trust Co. of Vermont bought stakes valued at $4,630,000 and $20,428,000, respectively.

Honeywell Aerospace has seen its stock trading up 6.2% after opening at $170.76 on Thursday. With a market cap of $54.12 billion and a P/E ratio of 91.31, the company reported EPS of $6,340,000 in the most recent quarter, with revenue reaching $4.35 billion.