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Hsbc Holdings Invests $242 Million in Honeywell Aerospace

Guavy AI Editorial Team
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HON
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Hsbc Holdings PLC has made a significant investment in Honeywell Aerospace (NASDAQ:HONA) by purchasing 731,508 shares of the company's stock for approximately $242.10 million in the second quarter.

This new stake brings Hsbc Holdings' ownership to about 0.23% of Honeywell Aerospace as per its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also acquired new stakes in Honeywell Aerospace, including BlackRock Inc., Bank of New York Mellon Corp, Legal & General Group Plc, Mitsubishi UFJ Asset Management Co. Ltd., and Canada Pension Plan Investment Board.

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