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SteelPeak Wealth LLC Cuts Holdings in Honeywell International Inc. $HON
SteelPeak Wealth LLC significantly reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 95.2% in the fourth quarter, selling 52,830 shares and retaining 2,646 shares valued at $516,000. Other institutional investors showed mixed activity, with some increasing and others decreasing their positions. Despite SteelPeak’s major cut, analysts maintain a “Moderate Buy” consensus rating for Honeywell, with a target price of $251.83.