Rothschild Invests $4.42M in Honeywell Aerospace
Edmond DE Rothschild Holding S.A., a financial institution, has acquired a new stake in Honeywell Aerospace (NASDAQ:HONA) during the second quarter. According to its most recent 13F filing with the Securities and Exchange Commission (SEC), the company bought approximately 19,979 shares of Honeywell Aerospace's stock, valued at around $4.42 million.
This investment is not an isolated incident, as several other large investors have also made changes to their positions in Honeywell Aerospace during the same quarter. These include Hardy Reed LLC, Plan Group Financial LLC, Mill Capital Management LLC, Bryn Mawr Trust Advisors LLC, and Oppenheimer Asset Management Inc.
Honeywell Aerospace's price performance has been notable, with a market cap of $54.12 billion and a PE ratio of 91.31. The company's stock opened at $170.76 on Thursday, representing a significant milestone in its valuation.