Petrus Trust Company LTA Invests Heavily in Honeywell Aerospace

Petrus Trust Company LTA, a financial institution, has made a significant investment in Honeywell Aerospace, acquiring 39,646 shares of the company's stock for approximately $8.77 million in the second quarter.

This new stake represents about 0.8% of Petrus Trust Company LTA's total holdings, making Honeywell Aerospace its 23rd largest holding.

The investment comes amidst other large investors purchasing shares of Honeywell Aerospace, including Philadelphia Investment Partners LLC and Bank of America Corp DE, which acquired a new position in the company worth $1.03 billion.