Ohio Pension Fund Takes $26.79M Stake in Honeywell Aerospace

The Public Employees Retirement System of Ohio has taken a significant position in shares of Honeywell Aerospace (NASDAQ:HONA), purchasing approximately $26.79 million worth of stock during the second quarter.

This is not an isolated instance, as several other institutional investors and hedge funds have also bought stakes in the company's shares this quarter.

Honeywell Aerospace reported its quarterly earnings on June 15th, with a revenue of $4.35 billion and EPS of $6,340,000.00. Analysts expect the company to post 7.75 EPS for the current fiscal year.