Honeywell (HON) Positioned for Earnings Momentum Into FY26, Says Evercore

Honeywell International Inc. (NASDAQ:HON) is included among the 12 Best Dogs of the Dow to Invest in.

On December 15, Evercore ISI analyst Alexander Virgo started coverage on Honeywell International Inc. (NASDAQ:HON), assigning an Outperform rating and a $255 price target. In a note to investors, he said the company’s “picks and shovels” exposure within the multi-industrials space gives investors a way to benefit from strong underlying cycles.

He added that industrial stocks tend to beat the broader market when growth becomes more valuable, something the firm expects to see again in 2026. With supply chains still tight and pricing power holding up well, the analyst believes Honeywell is positioned for solid earnings momentum heading into FY26. The call came as Evercore launched coverage on nine companies across the US and European power and automation markets.

Separately, on December 12, Hornets Sports & Entertainment and Honeywell International Inc. (NASDAQ:HON) announced a multi-year strategic partnership that names Honeywell as the Official Building Automation Partner of the Charlotte Hornets. As part of the agreement, Honeywell will roll out its AI-driven technologies to improve safety and efficiency across HSE’s two main facilities: the Spectrum Center and the Novant Health Performance Center, benefiting fans, players, and staff.

At the Spectrum Center, which hosts the Hornets’ NBA games, Honeywell will install advanced security and building integration systems following a major renovation. As part of the update, the level that includes player and talent locker rooms, along with premium club spaces, will now be known as the Honeywell Event Level.

Honeywell International Inc. (NASDAQ:HON) is a diversified operating company with a global footprint, serving customers across many industries. Its business is supported by the Honeywell Accelerator operating system and the Honeywell Forge platform.

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