Citigroup Raises HON Price Target to $271

Citigroup reiterated its Buy rating on Honeywell International Inc. HON on October 23, 2026, while nudging its price target up to $271.00 from $270.00. According to the firm's research note, the updated target sits above the company's recent trading levels.

HON Honeywell International Inc.

$221.15 ▲ +9.11% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Dividend

Honeywell pays an annual dividend of $2.80 per share, which translates to a dividend yield of 1.28%. The payout ratio stands at 34.7% of earnings.

Other Institutional Activity in Honeywell International Inc.

Other big investors adjusted their positions in the company around the same time. Newport Trust Company, LLC grew its holdings by 6,432,598 shares, ending with 12,865,197 shares worth about $2,808,601,125. Franklin Resources, Inc. trimmed its stake by 3.9%, leaving it with 6,509,094 shares valued at $1,421,000,295.

Honeywell International Inc. Stock Up 3.0%

The stock recently traded around $221.25 on October 23, 2026, essentially flat compared to its closing price of $221.15 that day. Shares are sitting above the 50-day moving average of $212.56 but remain below the 200-day moving average of $230.67.

Recent Earnings

For the trailing twelve months, Honeywell reported revenue of $37.74 billion and earnings of $20.17 per share. The company posted a net profit margin of 18.7% and a return on equity of 44.4%. Its next earnings report is scheduled for January 28, 2027.

Insider Buying and Selling at Honeywell International Inc.

Company insiders executed sales prior to the analyst update, including an officer who sold 17,032 shares in July and an additional 316 shares in August 2026.

Analysts Set New Price Targets

Several other firms updated their views on the company alongside Citigroup. Mizuho maintained an Outperform rating on October 15, 2026, with a target of $255.00. On October 23, 2026, JP Morgan kept an Overweight rating and a $241.00 target, Evercore ISI Group maintained an Outperform rating with a $270.00 target, and RBC Capital kept an Outperform rating with a $269.00 target. Overall, the stock carries a consensus buy recommendation from 23 analysts.

About Honeywell International Inc.

Honeywell International Inc. operates as a diversified industrial and technology company, creating products and services for industrial automation, building solutions, and energy efficiency. Its systems help factories, commercial buildings, and aerospace clients run more efficiently.

Bottom Line

Investors will watch for the company's next earnings report on January 28, 2027, to check financial health. Market participants continue to weigh Wall Street targets against ongoing share price movements.