Meiji Yasuda Asset Management Co Ltd. Buys 22,387 Shares of Apollo Global Management Inc. $APO
Meiji Yasuda Asset Management Co Ltd. significantly increased its stake in Apollo Global Management Inc. by 1,137.6% in the fourth quarter, now owning 24,355 shares valued at $3.53 million. Wall Street analysts maintain a "Moderate Buy" consensus rating for Apollo, with an average price target of $150.38, despite some recent target cuts. Apollo Global Management recently reported strong Q1 earnings of $1.94 per share, beating estimates, and boosted its quarterly dividend to $0.5625 per share.
Americana Partners LLC Grows Stock Position in Johnson & Johnson $JNJ
Americana Partners LLC increased its stake in Johnson & Johnson (NYSE:JNJ) by 6.3% in the fourth quarter, bringing its total holdings to 197,070 shares valued at approximately $40.8 million. Wall Street analysts maintain a "Moderate Buy" rating for JNJ with an average target price of $253.04. Johnson & Johnson recently reported strong quarterly earnings, exceeding EPS and revenue estimates, and raised its quarterly dividend to $1.34 per share, offering a 2.3% yield.
CoreWeave EVP Goldberg Chen sells $1.4m in stock
CoreWeave EVP Goldberg Chen sold approximately $1.4 million worth of Class A Common Stock on May 20, 2026, after restricted stock units vested. A portion of the shares were sold to cover tax obligations, with the remainder sold under a Rule 10b5-1 trading plan. These sales occurred as CoreWeave shares have seen a significant 47% year-to-date increase, while the company also recently secured a $3.1 billion loan facility and expanded its AI cloud offerings.
MSCI report details private markets’ growing pains
A new MSCI report, "The State of Private Markets 2026," highlights that years of growth in private markets have led to increasing demands for transparency from both institutional and retail investors. The report identifies key trends such as stresses in private credit due to higher interest rates, longer exit timelines for private equity, and the rise of evergreen funds, all while emphasizing a significant need for improved data quality and rigorous insights into holdings. The growth of semi-liquid evergreen funds, particularly with increased retail investor participation, has brought critical attention to valuation practices and liquidity challenges, as redemption gates illustrate a misalignment between investor expectations and market realities.
KKR's Expanding AUM Base: What it Signals About Growth Strategy
KKR & Co. Inc. has demonstrated significant growth in its assets under management (AUM), reaching $758 billion by Q1 2026, spread across diversified strategies like Credit & Liquid Strategies, Private Equity, and Real Assets. This diversification strategy aims for a $1 trillion AUM target by 2030, supported by inorganic growth initiatives and an expanding insurance platform. While near-term concerns about private credit may slightly impact AUM growth, KKR's long-term outlook remains positive with projected AUM growth of 23.5% over the next three to five years, significantly outperforming the industry average.
MSCI report details private markets’ growing pains
A new report from MSCI highlights growing pains in private markets, driven by increasing demands for transparency from both institutional and retail investors. Key trends include stresses in private credit, longer exit timelines for private equity, and the rise of evergreen funds, which have seen significant growth but are also experiencing liquidity challenges and increased redemption requests. The report emphasizes that private market infrastructure has not kept pace with capital inflows, particularly regarding valuation practices and liquidity expectations in semi-liquid structures.
Critical Metals (NASDAQ: CRML) registers 20.65M shares for resale by holders
Critical Metals Corp. (CRML) has filed a shelf resale registration statement for up to 20.65 million ordinary shares to be resold by existing holders. These shares include those issued to April PIPE investors, Rimbal in connection with the Tanbreez acquisition, and under the 60° North Agreement. The company will not receive any proceeds from these sales, which will go to the selling securityholders.
Newport Trust Company LLC Sells 522,232 Shares of Honeywell International Inc. $HON
Newport Trust Company LLC reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 3.8% during the fourth quarter, selling 522,232 shares and now owning 13,276,867 shares valued at $2.59 billion. This makes Honeywell its seventh-largest holding, representing 6.2% of its total holdings. Other institutional investors like Vanguard Group Inc., Franklin Resources Inc., and Invesco Ltd. increased their positions in HON during the same period.
Leonteq Securities AG Invests $1.32 Million in Howmet Aerospace Inc. $HWM
Leonteq Securities AG has initiated a new position in Howmet Aerospace Inc. (NYSE:HWM) by purchasing 6,436 shares valued at $1.32 million in the fourth quarter. This move highlights strong institutional interest in the company, with major firms like Invesco, Vanguard, Federated Hermes, and Franklin Resources also increasing their stakes, bringing institutional ownership to 90.46%. Howmet Aerospace recently reported better-than-expected quarterly results and has an average analyst rating of "Moderate Buy" with a target price of $285.53.
HighTower Advisors LLC Has $46.39 Million Holdings in Northrop Grumman Corporation $NOC
HighTower Advisors LLC increased its stake in Northrop Grumman (NOC) by 4.4% in Q4, holding 81,355 shares valued at $46.39 million. This move follows Northrop Grumman's better-than-expected quarterly results, a raised dividend, and a consensus "Moderate Buy" rating from analysts. The stock has experienced a recent pullback, leading to investor caution, despite strong institutional ownership and positive governance support.
First Foundation Advisors Decreases Stake in Alphabet Inc. $GOOG
First Foundation Advisors reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 10% in the fourth quarter, selling 43,587 shares but retaining it as their third-largest holding. Despite this decrease, analysts maintain a "Buy" rating for Alphabet with an average price target of $372.65, following the company's strong quarterly earnings report which surpassed estimates and included a dividend increase. The article also highlights mixed sentiment surrounding Alphabet, with positive news on AI product development countered by concerns over Waymo's service suspension and insider selling.
Alphabet Inc. $GOOG Stock Holdings Increased by Empire Life Investments Inc.
Empire Life Investments Inc. increased its stake in Alphabet Inc. (NASDAQ:GOOG) by 12.6% in the fourth quarter, bringing its total holdings to 298,789 shares valued at $93.8 million. This increase follows Alphabet's strong quarterly earnings, where it reported $5.11 EPS and $109.9 billion in revenue, exceeding analyst expectations, and a recent dividend increase to $0.22 per share. Analysts maintain a "Buy" rating with an average target price of $372.65, reflecting continued confidence in the company.
Leonteq Securities AG Acquires Shares of 15,576 Waste Management, Inc. $WM
Leonteq Securities AG initiated a new position in Waste Management, Inc. (WM) during the fourth quarter, purchasing 15,576 shares valued at approximately $3.42 million. The stock holds a "Moderate Buy" consensus rating from analysts with an average price target of $255.67, and the company recently reported better-than-expected EPS and announced a quarterly dividend. Other institutional investors like Vanguard Group Inc. and Ameriprise Financial Inc. also significantly increased their holdings in Waste Management.
Black Diamond Therapeutics Announces Encouraging Phase 2 Trial Results for Silevertinib in Frontline NSCLC Patients with EGFR Non-Classical Mutations
Black Diamond Therapeutics announced positive Phase 2 trial results for silevertinib in frontline non-small cell lung cancer (NSCLC) patients with EGFR non-classical mutations, showing a median progression-free survival of 15.2 months and a 60% overall response rate. The drug demonstrated robust central nervous system (CNS) activity with an 86% CNS ORR and a manageable safety profile. The company plans to discuss pivotal development with the FDA and will present these results at the upcoming ASCO Annual Meeting.
Medline Inc. announces pricing of upsized secondary offering of Class A common stock
Medline Inc. announced the pricing of an upsized secondary offering of 72,554,594 shares of its Class A common stock at $37.00 per share by selling stockholders. Medline will not receive any proceeds from this offering, which is expected to close on May 28, 2026. The selling stockholders have also granted underwriters an option to purchase additional shares.
Big Medline shareholders sell 72.6M shares in $37 stock offering
Medline Inc. announced the pricing of an upsized secondary offering where selling stockholders will sell 72,554,594 Class A shares at $37.00 per share, with an option for underwriters to purchase an additional 10,883,189 shares. Medline itself will not receive any proceeds from this offering, which is expected to close on May 28, 2026. The selling stockholders are affiliates of Blackstone Inc., Hellman & Friedman LLC, and Abu Dhabi Investment Authority.
Medline Inc. announces pricing of upsized secondary offering of Class A common stock
Medline Inc. announced the pricing of an upsized secondary offering of 72,554,594 shares of its Class A common stock by certain selling stockholders at $37.00 per share. The company itself is not selling any shares and will not receive any proceeds from the sale. The offering is expected to close on May 28, 2026, with major financial institutions acting as global coordinators and bookrunning managers.
Aew Capital Management L P Sells 201,580 Shares of Vornado Realty Trust $VNO
Aew Capital Management L P significantly reduced its stake in Vornado Realty Trust (NYSE:VNO) by selling 201,580 shares, leaving it with 13,980 shares valued at approximately $465,000. Despite missing earnings expectations, Vornado's revenue surpassed estimates, and the company authorized a $300 million share repurchase plan, signaling the board's belief that the stock is undervalued. Analysts currently maintain a "Hold" rating on Vornado Realty Trust with an average price target of $34.09.
CoreWeave CEO Michael Intrator sells $30.2m of Class A stock
CoreWeave CEO Michael Intrator sold approximately $30.2 million worth of Class A Common Stock on May 19, 2026, through direct sales and sales made by Omnadora Capital LLC, an entity he indirectly controls. These transactions were executed under a Rule 10b5-1 trading plan. The sales occurred as CoreWeave shares trade at $107.58, an increase of 50% over the last six months.
New Anthropic-, Blackstone-backed AI services firm acquires Fractional AI
A new enterprise AI services firm, backed by Anthropic, Blackstone, and Hellman & Friedman, has acquired San Francisco-based Fractional AI Inc. This acquisition will make Fractional AI an operational core for the new venture, which aims to embed generative AI into mid-sized businesses' workflows. The services firm, which secured $1.5 billion in funding from its various backers, plans to send engineers directly into client operations to rebuild systems with frontier AI capabilities.
Private credit bond spreads show smaller lenders priced at greater risk
A Reuters analysis reveals that private credit bond investors are assigning higher risk premiums to smaller U.S. private credit firms compared to larger ones, leading to wider spreads for the former. This increasing selectivity in the market is driven by rising borrower stress and concerns about portfolio quality, scale, and capital access, especially for business development companies (BDCs). While larger firms like Ares Capital and Blackstone show tighter spreads, smaller entities like BCP Investment Corp have significantly wider spreads, reflecting investor differentiation.
New Mexico regulators scrutinize Blackstone-TXNM stock trade in merger review
New Mexico regulators are investigating a $400 million stock purchase by Blackstone in TXNM Energy, a transaction that occurred before full regulatory approval of Blackstone's $11.5 billion acquisition of TXNM. Consumer and renewable energy advocates, along with the state attorney general, argue this early stake gave Blackstone an unfair advantage and may have circumvented state utility law, jeopardizing the larger merger. Blackstone and TXNM maintain the stock sale was compliant and separate from the merger, but the controversy highlights tensions over state regulatory authority in utility acquisitions.
News | Top-tier malls are faring better — but debt deadlines can still bite
While top-tier U.S. malls are experiencing improved occupancy, rents, and net operating income, many malls outside this category face significant challenges with refinancing debt maturities. Several major mall owners, including Simon Property Group, Brookfield, and Pacific Retail Capital Partners, are grappling with loans moving to special servicing or facing downgrades as debt deadlines approach, highlighting ongoing pressures in the commercial mortgage-backed securities market. Despite some successful refinancings for premium assets, even well-capitalized landlords are not immune to these issues, with some loans missing maturity dates and others requiring extensions.
Blackstone-backed AI enterprise services firm acquires Fractional AI (BX:NYSE)
A new AI-native enterprise services firm, backed by Blackstone (BX), Anthropic, and Hellman & Friedman, has acquired Fractional AI. This acquisition aims to form the operational core of the firm, enhancing its capabilities in applied AI services. The move signals a strategic expansion in the AI enterprise sector.
CLASS ACTION NOTICE: Berger Montague Advises FS KKR Capital Corp. (FSK) Investors to Inquire About a Securities Fraud Class Action
Berger Montague PC has announced a class action lawsuit against FS KKR Capital Corp. (FSK) for alleged securities fraud during the period of May 8, 2024, through February 25, 2026. The lawsuit claims FS KKR overstated the effectiveness of its portfolio restructuring, the valuation of its portfolio investments, and the durability of its quarterly distribution strategy. Investors are advised to inquire about their rights, with a lead plaintiff deadline of July 6, 2026.
The AI-Native Enterprise Services Firm Backed by Anthropic, Blackstone, and Hellman & Friedman Announces Acquisition of Fractional AI
A new AI-native enterprise services firm, backed by Anthropic, Blackstone, Hellman & Friedman, and others, has acquired Fractional AI, an applied AI services company. Fractional AI's team will form the operational core of this new company, which aims to help mid-size businesses integrate large language models like Claude into their operations. The acquisition emphasizes the need for skilled AI engineering and implementation to unlock the full potential of advanced AI in enterprises.
Galaxy Digital’s New York Licenses Open Door To Institutional Growth
Galaxy Digital has obtained a BitLicense and Money Transmission License in New York, allowing it to offer regulated digital asset services to institutional clients like investment advisors, hedge funds, and family offices in the state. This move expands Galaxy Digital's reach into regulated markets, adding to its existing global licenses and client assets. While this regulatory progress offers significant growth opportunities by tapping into deep pools of institutional capital, investors are also considering potential risks such as compliance costs, weak debt coverage, and possible future equity dilution from planned funding programs.
Mach 1 Financial Group LLC Makes New $1.31 Million Investment in The PNC Financial Services Group, Inc $PNC
Mach 1 Financial Group LLC has made a new $1.31 million investment in The PNC Financial Services Group, Inc., purchasing 6,259 shares in the fourth quarter. This highlights strong institutional interest, with PNC's stock now 83.53% owned by institutions. Analysts maintain a "Moderate Buy" rating for PNC, with an average price target of $243.11, following the company's recent earnings beat.
Mach 1 Financial Group LLC Takes Position in EOG Resources, Inc. $EOG
Mach 1 Financial Group LLC has acquired a new position in EOG Resources, Inc. (NYSE:EOG) during the fourth quarter, purchasing 8,194 shares valued at approximately $860,000. EOG Resources recently reported strong quarterly results, with EPS of $3.41 and revenue of $6.92 billion, surpassing analyst expectations. The company also declared a quarterly dividend of $1.02 per share, and analysts currently rate the stock as a "Moderate Buy" with a consensus price target of $154.38.
Hi Line Capital Management LLC Trims Holdings in Viasat Inc. $VSAT
Hi Line Capital Management LLC reduced its stake in Viasat Inc. by 15.7% in the fourth quarter, selling 39,309 shares and retaining 211,050 shares valued at approximately $7.27 million. Insider selling has also occurred, with two senior vice presidents selling shares worth $1.8 million over the past 90 days. Despite mixed analyst sentiment, Viasat holds a consensus "Moderate Buy" rating with a target price of $65.50.
Caterpillar Inc. $CAT Shares Bought by Financial Synergies Wealth Advisors Inc.
Financial Synergies Wealth Advisors Inc. significantly increased its stake in Caterpillar Inc. by 175% in the fourth quarter, now holding 7,727 shares valued at approximately $4.43 million. This comes after Caterpillar reported strong quarterly earnings, beating analyst expectations, and declared a quarterly dividend. Multiple analysts have also raised their price targets for the stock, contributing to a "Moderate Buy" consensus rating.
Eagle Health Investments LP Makes New $9.23 Million Investment in Revolution Medicines, Inc. $RVMD
Eagle Health Investments LP has made a new $9.23 million investment in Revolution Medicines, Inc. (NASDAQ:RVMD), acquiring 115,900 shares and making it their 17th largest holding. Despite some insider selling, institutional investors collectively own 94.34% of the company's shares. Analysts maintain a "Buy" rating with an average price target of $108.88, even as the company reported a wider-than-expected quarterly loss.
Eagle Health Investments LP Purchases Shares of 27,100 Disc Medicine, Inc. $IRON
Eagle Health Investments LP has acquired 27,100 shares of Disc Medicine, Inc. (NASDAQ:IRON) worth $2.15 million, representing a new position for the firm. Despite recent insider selling and a slight earnings miss, institutional ownership remains high at 83.70%, and analysts maintain a "Moderate Buy" rating with an average price target of $105.30.
Prevail Innovative Wealth Advisors LLC Grows Stock Position in Western Midstream Partners, LP $WES
Prevail Innovative Wealth Advisors LLC significantly increased its stake in Western Midstream Partners, LP by 30.9% in the fourth quarter, holding nearly 100,000 shares valued at about $3.94 million. This increase follows positive quarterly results where Western Midstream Partners exceeded earnings expectations and raised its quarterly dividend to $0.93 per share, representing an 8.1% annualized yield. Despite a consensus "Hold" rating from analysts with an average target price of $43.00, institutional ownership of the pipeline company stands at 84.82%.
Prevail Innovative Wealth Advisors LLC Purchases New Shares in Vistra Corp. $VST
Prevail Innovative Wealth Advisors LLC has acquired 34,898 shares of Vistra Corp. (NYSE:VST) during the fourth quarter, a new position valued at approximately $5.63 million. Vistra accounts for 1.0% of the firm's portfolio and is its 26th largest holding. The company recently reported strong quarterly earnings, beating analyst estimates for both EPS and revenue, and increased its quarterly dividend to $0.229 per share.
Fortis Group Advisors LLC Acquires 9,013 Shares of RTX Corporation $RTX
Fortis Group Advisors LLC significantly increased its stake in RTX Corporation by 7,387.7% in the fourth quarter, purchasing an additional 9,013 shares, bringing their total holdings to 9,135 shares valued at approximately $1.83 million. Other institutional investors like Vanguard, Capital Research, and Fisher Asset Management also added to their RTX holdings, with 86.5% of the stock now held by hedge funds and institutions. The company reported strong quarterly results, surpassed earnings and revenue estimates, raised its dividend, and maintains a "Moderate Buy" rating from analysts.
Zacks Research Issues Optimistic Estimate for IFF Earnings
Zacks Research has increased its FY2026 EPS estimate for International Flavors & Fragrances (IFF) to $4.45, up from $4.25, reflecting a more positive outlook for the company's earnings. This new estimate is slightly below the current consensus, but analyst sentiment remains generally constructive, with a "Moderate Buy" rating and an average target price of $90.80. IFF recently surpassed earnings expectations, reporting an EPS of $1.25 on revenues of $2.74 billion, and also declared a quarterly dividend of $0.40.
Griffin Asset Management Inc. Increases Position in Qualcomm Incorporated $QCOM
Griffin Asset Management Inc. recently increased its stake in Qualcomm Incorporated by 15.9% in the fourth quarter, bringing its total holdings to 80,386 shares valued at $13.75 million. This increase comes as Qualcomm reported stronger-than-expected quarterly earnings and revenue, alongside a raised quarterly dividend and a new $20 billion stock buyback program. Despite these positive developments, analysts currently maintain a consensus "Hold" rating for the stock, with an average target price of $181.79.
Leonteq Securities AG Takes $8.42 Million Position in The Walt Disney Company $DIS
Leonteq Securities AG has initiated a new position in The Walt Disney Company (NYSE:DIS) by purchasing 74,000 shares valued at approximately $8.42 million in the fourth quarter. Other institutional investors like Viking Global Investors LP and Vanguard Group Inc. also made significant changes to their Disney holdings. The Walt Disney Company recently reported strong quarterly earnings, beating analyst expectations with $1.57 EPS on $25.17 billion in revenue, leading to a "Moderate Buy" consensus rating and an average price target of $134.47 from analysts.
Leonteq Securities AG Invests $13.09 Million in Caterpillar Inc. $CAT
Leonteq Securities AG recently invested $13.09 million in Caterpillar Inc. by purchasing 22,853 shares, making it their 22nd largest position. This investment comes as Caterpillar continues to receive strong support from Wall Street analysts, with multiple price target increases and a consensus "Moderate Buy" rating. The company also reported strong quarterly earnings, beating estimates with $5.54 EPS on $17.42 billion in revenue, driven partly by demand from AI/data center construction.
Rathbones Group PLC Increases Stake in Waste Connections, Inc. $WCN
Rathbones Group PLC increased its stake in Waste Connections, Inc. by 1.2% in the fourth quarter, now owning 669,442 shares valued at $117.4 million. Institutional investors hold a significant portion of the company's stock, with a consensus "Buy" rating and an average price target of $203.35 from analysts. Waste Connections also recently beat EPS expectations and announced a quarterly dividend.
Leonteq Securities AG Invests $3.83 Million in Enphase Energy, Inc. $ENPH
Leonteq Securities AG initiated a new position in Enphase Energy, Inc. (NASDAQ:ENPH) during Q4, purchasing 119,387 shares valued at approximately $3.83 million. Enphase Energy's stock is now 72.12% institutionally owned, with several other hedge funds also increasing their holdings. Despite reporting Q1 EPS of $0.47, beating estimates, revenue was down 20.6% year over year, and analysts currently maintain a consensus Hold rating with a price target of $40.94.
Pinkerton Wealth LLC Buys Shares of 6,523 Ciena Corporation $CIEN
Pinkerton Wealth LLC has acquired 6,523 shares of Ciena Corporation (NYSE:CIEN), valued at approximately $1.53 million, in the fourth quarter. This move comes as analysts maintain a "Moderate Buy" consensus for Ciena, with an average price target of $398.83, following strong quarterly results where the company exceeded EPS and revenue estimates. While institutional ownership remains high at 91.99%, some insider selling has been noted, though often attributed to pre-arranged trading plans.
Corning Incorporated $GLW Shares Sold by Sierra Summit Advisors LLC
Sierra Summit Advisors LLC reduced its stake in Corning Incorporated (NYSE:GLW) by 24.6% in the fourth quarter, selling 6,199 shares. Despite this, several other institutional investors, including Vanguard Group Inc., State Street Corp, and Wellington Management Group LLP, increased their holdings. Corning recently reported stronger-than-expected quarterly results and has seen positive analyst upgrades due to strong demand in AI data centers and optical networking.
Leonteq Securities AG Invests $10.20 Million in Freeport-McMoRan Inc. $FCX
Leonteq Securities AG has initiated a new position in Freeport-McMoRan Inc. (NYSE:FCX), purchasing 200,797 shares valued at approximately $10.2 million, making it their 26th-largest holding. Institutional investors collectively own 80.77% of the stock, which holds a consensus analyst rating of "Moderate Buy" with an average price target of $65.14. Freeport-McMoRan recently surpassed earnings expectations, reporting $0.57 EPS on $6.23 billion in revenue, and the stock traded up 3.7% at $60.88.
Leonteq Securities AG Takes $2.56 Million Position in RTX Corporation $RTX
Leonteq Securities AG has initiated a new position in RTX Corporation, purchasing 13,971 shares valued at approximately $2.56 million during the fourth quarter. This move comes as RTX reported stronger-than-expected quarterly earnings and revenue, and institutional investors now own 86.50% of the company's stock. Analysts currently rate RTX with a consensus "Moderate Buy," and the company recently increased its quarterly dividend.
Sierra Summit Advisors LLC Has $11.81 Million Position in Quanta Services, Inc. $PWR
Sierra Summit Advisors LLC reduced its stake in Quanta Services, Inc. (NYSE:PWR) by 18% in the fourth quarter, holding 27,987 shares valued at $11.81 million. Despite this, Quanta Services reported strong quarterly results with EPS of $2.68 and revenue of $7.87 billion, exceeding analyst expectations. Analysts maintain a "Moderate Buy" consensus with an average target price of $708.05, even as several company insiders have recently sold shares.
Leonteq Securities AG Buys Shares of 131,242 Fortinet, Inc. $FTNT
Leonteq Securities AG has acquired 131,242 shares of Fortinet, Inc. (NASDAQ:FTNT) during the fourth quarter, establishing it as their 25th largest holding with a value of approximately $10.42 million. Other institutional investors have also increased their stakes in Fortinet. The article also notes recent analyst ratings, insider trading activity, and the company's strong financial performance and positive sentiment driven by AI-led demand.
Rathbones Group PLC Reduces Stock Holdings in Caterpillar Inc. $CAT
Rathbones Group PLC decreased its stake in Caterpillar Inc. by 13.3% in Q4 2025, selling over 26,000 shares but still holding 172,709 shares valued at approximately $98.9 million. This adjustment comes despite Caterpillar's strong quarterly performance, which saw EPS of $5.54 and revenue of $17.42 billion, surpassing analyst expectations. Analysts maintain a "Moderate Buy" consensus rating for Caterpillar with an average price target of $923.14, indicating continued confidence in the company’s future performance.
Honeywell International Inc. $HON Shares Sold by Rathbones Group PLC
Rathbones Group PLC reduced its stake in Honeywell International Inc. (NASDAQ:HON) by 4.4% in the fourth quarter, selling 19,612 shares and retaining 430,464 shares valued at $83.98 million. Despite mixed institutional investor activity, overall institutional ownership of Honeywell remains high at 75.91%. The company reported strong Q4 EPS of $2.45, exceeding analyst estimates, and declared a quarterly dividend of $1.19 per share, totaling an annualized yield of about 2.2%.
