Perigon Wealth Invests $3.4M in Honeywell Aerospace

Perigon Wealth Management LLC has made a significant investment in Honeywell Aerospace, purchasing 15,253 shares of the company's stock during the second quarter. The purchase is valued at approximately $3.42 million. This new stake is just one of several major investments made by various institutional investors and hedge funds in the same quarter.

Other notable purchases include Bank of New York Mellon Corp, which bought a new position worth around $644.41 million, and Mitsubishi UFJ Asset Management Co. Ltd., which purchased a new stake valued at over $205.65 million.

Honeywell Aerospace's stock has seen some volatility recently, with shares opening at $161.56 on Tuesday after being as low as $150.03 in the past 12 months. The company's market cap is around $51.21 billion, and its P/E ratio stands at 86.40.