Nykredit A S Pours $16.63 Million into Honeywell Aerospace

Nykredit A S has invested $16.63 million in Honeywell Aerospace (NASDAQ:HONA) through the purchase of 75,260 shares during the second quarter.

This is not an isolated instance, as several other institutional investors and hedge funds have also made changes to their positions in HONA recently.

According to its most recent 13F filing with the Securities & Exchange Commission, Nykredit A S acquired the new stake at a value of approximately $16.634,000.

Honeywell Aerospace has been affected by various market and industry developments this week, including Susquehanna's initiation of coverage with a positive rating and Saudi Arabia's potential arms purchases that could benefit aerospace and defense suppliers, including HONA.