Jefferies Sees Steady Performance at Honeywell International Inc. (HON), Raises PT to $240

Honeywell International Inc. (NASDAQ:HON) is included among the 13 Best Roth IRA Stocks to Buy Now.

On February 3, Jefferies raised its price recommendation on Honeywell International Inc. (NASDAQ:HON) to $240 from $220. It maintained a Hold rating on the stock. The firm described the quarter as solid, noting 6% organic growth and 2026 organic growth guidance of 3% to 6%, which was largely in line with expectations.

During the Q4 2025 earnings call, Chairman and CEO Vimal Kapur said the company finished the year with strong results. Adjusted sales and adjusted EPS both exceeded expectations, and orders increased 23%. Backlog rose to more than $37 billion, providing management with greater visibility into demand.

For 2026, Kapur said Honeywell is positioned for meaningful growth in both revenue and earnings. He linked that outlook to recent portfolio changes, ongoing investment in research and development, and the strength of the company’s backlog. He confirmed that the spin-off of Solstice Advanced Materials has been completed. The Aerospace spin is expected to close in the third quarter of 2026. As part of that process, Jim Currier will serve as President and CEO of Aerospace, Josh Jepsen as CFO, and Craig Arnold as Non-Executive Chair of the Board. Indra Nooyi has also joined Honeywell’s Board of Directors.

Kapur said the company has reorganized into four segments: Aerospace Technologies, Building Automation, Process Automation and Technology, and Industrial Automation. The intent is to simplify operations and improve internal alignment. Honeywell also plans to divest Productivity Solutions and Services and Warehouse and Workflow Solutions in the first half of 2026.

He also highlighted developments at Quantinuum. The business raised approximately $840 million at a $10 billion valuation, introduced its Helios quantum computer, and expanded partnerships with NVIDIA, JPMorgan, Amgen, and Mitsui, reflecting continued progress in quantum computing.

Honeywell International Inc. (NASDAQ:HON) operates across multiple industries and regions. Its portfolio is supported by the Honeywell Accelerator operating system and the Honeywell Forge platform, providing solutions across aerospace, building automation, industrial automation, process automation, and process technology.

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