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GGM Financials LLC cut its shares of Honeywell by 3.4%, despite the company reporting strong Q1 earnings.
GGM Financials LLC reduced its stock position in Honeywell International Inc. by 3.4% to 1,494 shares during the first quarter.
Honeywell, with a market cap of $147.03 billion, reported strong Q1 earnings of $2.51 per share, beating estimates by $0.30.
Analysts predict a "Moderate Buy" with a target price of $248.14.
Various firms have adjusted their holdings in Honeywell, reflecting the stock's appeal.
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GGM Financials LLC recortó sus acciones de Honeywell en un 3,4%, a pesar de que la compañía reportó fuertes ganancias del primer trimestre.