State Street Takes $2.9 Billion Stake in Honeywell Aerospace

State Street Corp has taken a significant position in Honeywell Aerospace (NASDAQ:HONA), purchasing 13,321,170 shares valued at approximately $2.9 billion during the second quarter.

This investment represents about 4.20% of Honeywell Aerospace's outstanding stock and is just one of several new stakes acquired by State Street Corp in the company.

Other institutional investors have also made changes to their positions in HONA, with Ameliora Wealth Management Ltd., Leo H. Evart Inc., Outlook Capital Management LLC, Security National Bank of SO Dak, and Cherry Tree Wealth Management LLC all acquiring new stakes in the second quarter.