RBC Capital Cuts HON Price Target to $269

RBC Capital's Call on Honeywell International Inc.

RBC Capital reaffirmed its Outperform rating on Honeywell International Inc. (NasdaqGS: HON) on October 23, 2026, while nudging its price target down from $270.00 to $269.00. The stock closed at $217.63 on the day of the research note.

HON Honeywell International Inc.

$218.31 ▲ +7.71% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Other Institutional Activity in Honeywell International Inc.

E. Ohman J:or Asset Management picked up 11,410 shares, wrapping the period with a position valued at roughly $2.41 million. Midwest Trust trimmed its holdings by 56,311 shares, bringing its stake down to 50,839 shares worth about $10.72 million. Newport Trust Company, LLC grew its holdings by 6,432,598 shares for a final count of 12,865,197 shares valued at roughly $2.80 billion. Franklin Resources, Inc. reduced its position by 263,452 shares, leaving it with 6,509,094 shares valued at about $1.42 billion.

Honeywell International Inc. Stock Up 2.9%

Honeywell recently traded around $217.40 as of October 23, 2026, up about 2.3% above its 50-day moving average of $212.56. Shares remain 16.5% below the 52-week high of $260.28 and sit below the analyst consensus mean target of $254.26.

Recent Earnings

Honeywell generated trailing-twelve-month revenue of $37.74 billion with earnings of $20.17 per share. The industrial conglomerate posted a net profit margin of 18.7% and a return on equity of 44.4%. The next quarterly earnings report is scheduled for January 28, 2027.

Dividend

The firm pays an annual dividend rate of $2.80 per share, delivering a dividend yield of 1.28%. The payout ratio stands at 34.7%.

Insider Buying and Selling at Honeywell International Inc.

Company insider Kenneth J West completed two open market sales during the summer of 2026. On July 27, 2026, West sold 17,032 shares at an average price of $243.77 for a total value of $4,151,891. Later on August 3, 2026, West sold another 316 shares at $245.47 for a total of $77,569.

Analysts Set New Price Targets

Wall Street firms updated their outlooks ahead of RBC Capital's note. Citigroup maintained a Buy rating on October 12, 2026, lowering its target from $279.00 to $270.00. RBC Capital maintained an Outperform rating on October 14, 2026, lowering its target from $293.00 to $270.00. Mizuho maintained an Outperform rating on October 15, 2026, adjusting its target from $265.00 to $255.00. Evercore ISI Group maintained an Outperform rating on October 23, 2026, raising its target from $265.00 to $270.00. Honeywell currently carries a consensus recommendation of buy with 23 analyst opinions tracking the stock.

About Honeywell International Inc.

Headquartered in Charlotte, North Carolina, Honeywell operates as a diversified industrial conglomerate. The company develops technologies for industrial automation, building automation, and energy and sustainability solutions globally.

Bottom Line

Investors will look toward the company's next earnings report on January 28, 2027, for further updates on operational progress. Market participants continue to track institutional repositioning and analyst revisions as the stock navigates its trading range.