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Oppenheimer Asset Management Inc. Increases Position in Honeywell International Inc. $HON
Oppenheimer Asset Management Inc. significantly increased its stake in Honeywell International Inc. by 44.3% in Q4, holding 51,802 shares valued at $10.11 million. This comes as Honeywell reported strong Q1 earnings per share, beating expectations, despite a slight revenue miss, and announced a quarterly dividend of $1.19. Despite some insider selling, analysts maintain a “Moderate Buy” rating with an average target price of $250.00.