Ontario Teachers Pension Plan Board Boosts Holdings in Honeywell International Inc. $HON

robot
Abstract generation in progress

The Ontario Teachers Pension Plan Board has increased its stake in Honeywell International Inc. (NASDAQ:HON) by 7.0% in the third quarter, now owning 642,389 shares valued at $135.2 million, making it their 9th largest holding. This comes as Honeywell reported strong Q3 earnings, beating analyst estimates with an EPS of $2.59 and revenue of $10.07 billion. Despite an insider sale by a VP, institutional ownership remains high at 75.9%, and analysts maintain a “Moderate Buy” rating with a consensus price target of $246.32.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin