Daiwa Capital Rates Honeywell International (HON) buy

Daiwa Capital analyst Jairam Nathan has lifted his outlook on Honeywell International, issuing a buy rating and setting a $255 price target, a 13.69% upside from the current price.

By EarningsIQ Research Desk · Published Jun 30, 2026, 10:01 AM EDT · Updated Jul 1, 2026, 3:01 PM EDT

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Daiwa Capital rated Honeywell International Inc. ($HON) "buy" with a $255 price target on June 30, 2026.

Since the rating, $HON is up 0.5% after 1 week, up 8.1% after 1 month and down 5.3% to date (from the $223.23 close on Jun 30, 2026).

HON Honeywell International Inc.

$211.41 +4.30% year to date

Daily close · Oct 16, 2026

Key Points

Daiwa Capital raised its rating on Honeywell International HON to a buy on June 30, 2026, setting a $255 price target through analyst Jairam Nathan.
Daiwa Capital's $255 price target implies 13.69% upside from Honeywell International Inc.'s ($HON) current $224.30 share price.
Wall Street opinions remain active on the industrial conglomerate, with firms like Mizuho, RBC Capital, Citigroup, and JP Morgan maintaining favorable stances through the autumn months.
Honeywell trades around $224.30 per share as investors await the company's next financial results scheduled for release on October 22, 2026.

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Daiwa Capital Shifts Stance on Honeywell International

Daiwa Capital has adjusted its view on Honeywell International Inc. HON, with analyst Jairam Nathan raising the firm's rating on the industrial conglomerate to a buy on June 30, 2026. Alongside this rating change, the firm established a price target of $255. This move adds a fresh perspective from the research community as firms continuously re-evaluate the Charlotte-based maker of automation and building technologies.

Wall Street Ratings and Recent Updates

Analyst coverage for Honeywell features various adjustments heading into the final stretch of the year. On October 15, 2026, Mizuho maintained an Outperform rating while setting its target at $255. A day earlier on October 14, 2026, RBC Capital kept an Outperform rating on the shares while adjusting its target to $270. Citigroup also maintained a buy stance on October 12, 2026, with a $270 price target, and JP Morgan kept an overweight rating with a $240 target on October 9, 2026. Earlier in the autumn, Wells Fargo initiated coverage with an Equal-Weight rating and a $231 target on September 25, 2026, while Morgan Stanley maintained an Equal-Weight rating with a $250 target on August 31, 2026. Across 23 analyst opinions, the stock holds a consensus buy recommendation and an average target price of $254.91.

Honeywell Stock Performance and Valuation

Honeywell shares change hands around $224.30, placing them within a 52-week range of $195.87 to $260.28. The stock changes hands close to its 50-day moving average of $215.11 and below its 200-day moving average of $230.54. The company carries a trailing price-to-earnings ratio of 7.77, while its forward P/E sits at 21.44.

12-month forecast

$HON price target

Honeywell International Inc. daily closes and this analyst's $255 target. Not advice.

Industrial Conglomerate Operations

Hong Kong-born or not, Honeywell International operates globally from its headquarters in Charlotte, North Carolina, employing 101,000 workers. The company builds industrial automation systems, building control software, and advanced energy and sustainability solutions. Its portfolio ranges from smart sensors and manufacturing software to licensed process technology for refining and low-carbon energy operations.

What to Watch at Honeywell International Inc.

Investors are keeping an eye on Honeywell's upcoming financial results scheduled for release on October 22, 2026. These numbers will provide a clearer picture of how the company's various segments are performing against analyst expectations through the autumn. As always, market participants should monitor future filings and research updates for further insight into the company's growth trajectory.