Honeywell, US4385162056

RBC cuts target for Honeywell stock from USD 270 to USD 269

Published on 10/26/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 adjusted EPS hit USD 2.27, up 34 percent year over year. Honeywell stock costs EUR 197.48 on October 26, 2026, up 1.43 percent versus Xetra close.

Analyst target and results

RBC Capital cut its Honeywell target from USD 270 to USD 269 on October 23, 2026.
Adjusted third-quarter earnings per share reached USD 2.27, up 34 percent year over year.
Honeywell stock costs EUR 197.48 at Lang & Schwarz on October 26, 2026 at 5:05 p.m. CEST, 1.43 percent above the Xetra close of October 23, 2026.
The next ex-dividend date is November 13, 2026, with a dividend of USD 0.70.

Honeywell, US4385162056, Illustration mit AI erstellt.

RBC Capital cut its price target for Honeywell from USD 270 to USD 269 on October 23, 2026, while keeping an Outperform rating, according to Investing.com. The target sits 21.82 percent above Honeywell's USD 220.81 Nasdaq price at 12:11 p.m. ET on October 26, 2026. At Lang & Schwarz, Honeywell stock was trading at EUR 197.48 on October 26, 2026 at 5:05 p.m. CEST, up 1.43 percent versus the Xetra close of October 23, 2026 at EUR 194.70.

Third-quarter results reset the base

Honeywell's latest operating figures provide the more important counterweight to the modest target cut. In its release dated October 22, 2026, Honeywell Technologies reported third-quarter sales of USD 4.99 billion, up 1 percent from USD 4.93 billion in the prior-year quarter. Adjusted earnings per share rose 34 percent year over year to USD 2.27, while operating margin expanded to 14.80 percent from 8.40 percent.

The company also raised its full-year 2026 sales outlook to USD 20.0 billion to USD 20.1 billion from USD 19.8 billion to USD 20.0 billion. Adjusted earnings per share guidance increased to USD 8.40 to USD 8.45 from USD 8.05 to USD 8.35, giving investors a concrete measure against which the lower RBC target can be judged.

Stock range leaves room for debate

Honeywell's Nasdaq price of USD 220.81 was 12.73 percent above its USD 195.87 52-week low and 15.16 percent below its USD 260.28 52-week high on October 26, 2026. Trading volume stood at 870,989 shares at 12:11 p.m. ET. The range places the stock between its yearly extremes rather than at a fresh peak.

Valuation and next date

The price-to-earnings ratio was 9.98 at the same Nasdaq snapshot, while market capitalization stood at USD 70.0 billion. MarketScreener lists November 13, 2026 as the next ex-dividend date and the quarterly dividend at USD 0.70.

Comparison with peers
Honeywell: plus 1.43 percent in euros, P/E 9.98, market capitalization USD 70.0 billion.
RTX Corporation (NYSE, USD): plus 2.36 percent, P/E 31.73, market capitalization USD 263.8 billion.
Eaton Corporation (NYSE, USD): plus 2.21 percent, P/E 38.10, market capitalization USD 145.3 billion.

Target cut meets stronger guidance

RBC's one-dollar reduction contrasts with Honeywell's higher full-year outlook and the 34 percent adjusted earnings-per-share increase in the third quarter. The market price remains materially below the USD 269 target, but the comparison depends on execution against the raised 2026 ranges.

The further course of trading is shown by the continuously updated real-time quote of Honeywell stock.