Wells Fargo starts Honeywell stock coverage with USD 231 target
Published on 10/05/2026 at 14:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Honeywell (ISIN US4385162056) stock was trading at EUR 190.55 at Lang & Schwarz on October 5, 2026 at 2:05 p.m. CEST, plus 0.43 percent versus the EUR 189.73 prior close. According to MarketBeat on September 25, 2026, Wells Fargo initiated coverage with an Equal Weight rating and a USD 231.00 price target. That neutral stance contrasts with the broader analyst mix and puts the next earnings report at the center of the valuation debate.
Wells Fargo sets a neutral marker
MarketBeat said 26 analysts carried a consensus Hold rating, including 13 buys, 12 holds and one sell, with an average 12-month target of USD 251.88. Wells Fargo's USD 231.00 target therefore sits below that average, making the rating a useful counterweight to the more bullish consensus figure.
Master data from Onvista identifies Honeywell International Inc. as Nasdaq-listed under ticker HON and ISIN US4385162056. The company operates in the Industrials sector and Conglomerates industry, while its post-transformation profile centers on automation technologies.
Revenue rises in the second quarter
MarketBeat reported second-quarter 2026 revenue of USD 9.72 billion, up 3.40 percent from the year-earlier period. Quarterly earnings per share reached USD 1.95 versus a USD 1.80 consensus estimate, a USD 0.15 comparison that gives the operating story more weight than the neutral rating alone.
The result also sets a higher bar for the next update. Honeywell's reported third-quarter guidance ranges from USD 2.05 to USD 2.20 in earnings per share, while fourth-quarter guidance ranges from USD 2.28 to USD 2.43, according to MarketBeat.
October 22 brings the next test
Honeywell's investor-relations release dated September 24, 2026 says third-quarter results will be issued before the Nasdaq open on October 22, 2026, followed by an 8:30 a.m. EDT conference call, according to Honeywell Technologies. That date gives investors a defined checkpoint for testing whether the recent revenue growth and earnings comparison can support the company's 4.00 percent to 6.00 percent organic-growth framework.
At the September 15, 2026 Morgan Stanley conference, management also described a target of roughly 60 basis points of annual margin expansion and USD 12.00 adjusted earnings per share by 2029, as reported by Investing.com. The key issue is execution: the valuation case now depends on converting the automation portfolio into repeatable organic growth.
EUR 190.55 in afternoon trading
Honeywell stock was trading at EUR 190.55 at Lang & Schwarz on October 5, 2026 at 2:05 p.m. CEST, up 0.43 percent versus the EUR 189.73 prior close. The primary Nasdaq quote was last at USD 213.99 on October 2, 2026 at 4:00 p.m. ET, with a 52-week range of USD 195.87 to USD 260.28 and market capitalization of USD 67.8 billion as of that quote date. The further course of trading is shown by the continuously updated real-time quote of Honeywell stock.
Honeywell stock facts
- Company: Honeywell International Inc.
- ISIN: US4385162056
- Ticker: HON
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 5, 2026, 2:05 p.m. CEST): EUR 190.55
- Change versus prior close: plus 0.43 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 189.73
- Market capitalization: USD 67.8 billion (as of October 2, 2026)
- 52-week range: USD 195.87-USD 260.28 (as of October 2, 2026)
- Sector / Industry: Industrials / Conglomerates
- Next earnings date: October 22, 2026
