Citi cuts target for Honeywell stock to USD 270
Published on 10/14/2026 at 14:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst action and upcoming dates
- Citi kept a Buy rating while cutting its target from USD 279 to USD 270 on October 12, 2026.
- Honeywell's refinery technology scope was valued at USD 300 million on September 30, 2026.
- Honeywell stock was trading at EUR 185.68 at 1:50 p.m. CEST at Lang & Schwarz on October 14, 2026.
- Honeywell's next results are scheduled for October 22, 2026, followed by an ex-dividend date on November 13, 2026.
Honeywell (ISIN US4385162056) was trading at EUR 185.68 at Lang & Schwarz on October 14, 2026 at 1:50 p.m. CEST. MarketBeat reported on October 12, 2026 that Citigroup cut its Honeywell target from USD 279.00 to USD 270.00 while keeping a Buy rating.
Three dates define the setup
On July 23, 2026, Honeywell reported second-quarter revenue of USD 9.72 billion, with revenue up 3.40 percent year over year, according to MarketBeat. On September 30, 2026, Honeywell was selected for a USD 300 million technology and engineering scope at a planned 700,000-barrel-per-day refinery in Kenya, as Engineering News-Record reported. On October 12, 2026, Citi reduced its target by USD 9.00, from USD 279.00 to USD 270.00, while retaining the Buy rating.
What does the refinery deal add?
The Kenya project gives Honeywell a quantified industrial order alongside its automation portfolio. The scope covers process technologies, licensing, engineering services, proprietary catalysts, equipment and digital solutions for a facility designed to process 700,000 barrels of crude per day, according to Engineering News-Record. The USD 300 million scope is concrete, but its effect on Honeywell's revenue depends on project timing and execution.
What comes before the next report?
Honeywell's next reporting date is October 22, 2026, when it plans to release third-quarter results before the Nasdaq open and hold an 8:30 a.m. EDT conference call, according to Honeywell. The next ex-dividend date is November 13, 2026, as listed by Onvista.
Honeywell stock at Lang & Schwarz
Honeywell stock was trading at EUR 185.68 at Lang & Schwarz on October 14, 2026 at 1:50 p.m. CEST. The Nasdaq listing is HON, and Honeywell operates in the Industrials sector and Conglomerates industry. The further course of trading is shown by the continuously updated real-time quote of Honeywell stock.
Honeywell market facts
- Company: Honeywell International Inc.
- ISIN: US4385162056
- Ticker: HON
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 14, 2026, 1:50 p.m. CEST): EUR 185.68
- Market capitalization: USD 65.7 billion (as of October 13, 2026)
- Sector / Industry: Industrials / Conglomerates
- Next earnings date: October 22, 2026
Market context: Market report S&P 500.
