Honeywell, US4385162056

Citigroup cuts target to USD 270 for Honeywell stock

Published on 10/15/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 9.72 billion, up 3.40 percent year over year. Honeywell stock costs EUR 185.89 on October 15, 2026; Q3 results are due October 22.

Target revision and earnings date

Citigroup lowered its Honeywell target from USD 279.00 to USD 270.00 on October 12, 2026.
Second-quarter revenue reached USD 9.72 billion, up 3.40 percent year over year.
Honeywell stock trades at EUR 185.89 at 10:17 a.m. CEST at Lang & Schwarz on October 15, 2026.
Third-quarter results are scheduled for October 22, 2026.

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Honeywell (ISIN US4385162056) was trading at EUR 185.89 at Lang & Schwarz on October 15, 2026 at 10:17 a.m. CEST. MarketBeat reported on October 12, 2026 that Citigroup lowered its Honeywell target from USD 279.00 to USD 270.00 while retaining a Buy rating.

Target cut precedes results

The revision came during the run-up to Honeywell's third-quarter update. According to Markets Insider, Citi analyst Andrew Kaplowitz cut the target as part of a third-quarter earnings preview and kept the Buy rating.

The latest reported quarter provides the operating benchmark. Honeywell posted USD 9.72 billion of revenue in the second quarter of 2026, up 3.40 percent from the year-earlier period, while adjusted earnings per share reached USD 1.95 against a USD 1.80 consensus estimate, according to Transcript Daily.

Three dated signals for Honeywell

On July 23, 2026, Honeywell reported second-quarter revenue of USD 9.72 billion and adjusted earnings per share of USD 1.95, according to Transcript Daily. On September 25, 2026, Wells Fargo initiated coverage with an Equal Weight rating and a USD 231.00 target, the same report said. On October 12, 2026, Citigroup reduced its target from USD 279.00 to USD 270.00.

What dates matter next?

Honeywell's investor-relations calendar lists the third-quarter 2026 earnings conference call for October 22, 2026 at 8:30 a.m. EDT, according to Honeywell. The company also lists a quarterly dividend announced on September 25, 2026, with a November 13, 2026 record date.

Stock context before October 22

Honeywell's Nasdaq-listed shares had a 12-month range of USD 196.59 to USD 261.24 and a market capitalization of USD 65.80 billion in the October 15, 2026 market update from MarketBeat. The upcoming results will test whether the second-quarter revenue growth and adjusted earnings performance support the broader analyst case.

Trading snapshot

Honeywell was trading at EUR 185.89 at Lang & Schwarz on October 15, 2026 at 10:17 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Honeywell stock.