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Northeast Investment Management Reduces Position in Honeywell International Inc. $HON
Northeast Investment Management reduced its stake in Honeywell International (NASDAQ:HON) by 8.3% in the third quarter, while other institutional investors made various changes to their positions. Honeywell reported strong quarterly earnings, beating analyst expectations for both EPS and revenue, and announced a quarterly dividend. The stock currently has a “Moderate Buy” consensus rating with an average target price of $244.50.