--- title: "Honeywell Initiated with Buy Rating and $250 Price Target on Mid-Term EPS Growth, Margin Expansion, and Quantinuum Upside" type: "News" locale: "en" url: "https://longbridge.com/en/news/291922879.md" description: "J.P. Morgan analyst Chigusa Katoku reiterated a Buy rating on Honeywell International with a $250 price target, citing mid-term EPS growth above 10%, margin expansion to ~24% by 2029, and Quantinuum upside. BMO Capital also maintained a Buy rating with a $253 target." datetime: "2026-07-07T10:55:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291922879.md) - [en](https://longbridge.com/en/news/291922879.md) - [zh-HK](https://longbridge.com/zh-HK/news/291922879.md) generator: "portal-rs" --- # Honeywell Initiated with Buy Rating and $250 Price Target on Mid-Term EPS Growth, Margin Expansion, and Quantinuum Upside Analyst Chigusa Katoku of J.P. Morgan reiterated a Buy rating on Honeywell International, with a price target of $250.00. ### 4th of July Sale - 70% Off - Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions. - Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter. Chigusa Katoku has given his Buy rating due to a combination of factors tied to Honeywell’s earnings power and valuation. He sees a clear path for the company to deliver mid‑term EPS growth above 10% annually, supported by margin expansion, disciplined pricing in the 3–4% range, and favorable cycle timing in key segments such as Industrial Automation, Building Automation, and Productivity, Aerospace & Technologies. Katoku also believes Honeywell can justify trading at a sector‑level multiple, leading him to set a $250 price target that incorporates the value of its Quantinuum stake. The margin roadmap to roughly 24% by 2029, driven more by price, cost productivity, and a higher mix of services and software than by volume, underpins his confidence, while strong free‑cash‑flow generation, planned deleveraging, and consistent capital returns further support the Buy recommendation. Katoku covers the Industrials sector, focusing on stocks such as Rockwell Automation, Honeywell International, and 3M. According to TipRanks, Katoku has an average return of -4.8% and a 0.00% success rate on recommended stocks. In another report released on July 1, BMO Capital also maintained a Buy rating on the stock with a $253.00 price target. ### Related Stocks - [QNT.US](https://longbridge.com/en/quote/QNT.US.md) - [HON.UK](https://longbridge.com/en/quote/HON.UK.md) - [HON.US](https://longbridge.com/en/quote/HON.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [ROK.US](https://longbridge.com/en/quote/ROK.US.md) - [MMM.US](https://longbridge.com/en/quote/MMM.US.md) - [BMO.US](https://longbridge.com/en/quote/BMO.US.md) - [HONIV.US](https://longbridge.com/en/quote/HONIV.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) ## Related News & Research - [Why Honeywell Technologies earnings caused Honeywell Aerospace stock to fall](https://longbridge.com/en/news/293610493.md) - [Honeywell Sees Strong Orders, Targets 15% EPS Growth in 2027](https://longbridge.com/en/news/295931613.md) - [Intrum (OM:INTRUM) Reports Lower Earnings, Is The Recovery Story Still Cheap?](https://longbridge.com/en/news/297435233.md) - [U.S. RESEARCH ROUNDUP-Masco, Sherwin-Williams, Vulcan Materials](https://longbridge.com/en/news/296873451.md) - [BUZZ- Street View: Stranded cost cuts, demand momentum power Honeywell's bull case](https://longbridge.com/en/news/293752873.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**