--- title: "Weekly Recap | Honeywell Tech -2.93%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/301467694.md" description: "Honeywell Tech (HON) fell 2.93% this week to close at $207.73, while the S&P 500 rose 1.15%, leaving the stock about 4.08 percentage points behind the benchmark. The week’s range was 5.19%. Monday opened at $214.565 and held higher, but Tuesday’s intraday high of $215.37 marked the top before the stock turned lower. Wednesday broke below $208, Thursday touched a low of $204.23, and Friday bounced modestly to finish at $207.73. The stock remains below its 20-day moving average of $209." datetime: "2026-10-10T06:45:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/301467694.md) - [en](https://longbridge.com/en/news/301467694.md) - [zh-HK](https://longbridge.com/zh-HK/news/301467694.md) generator: "portal-rs" --- # Weekly Recap | Honeywell Tech -2.93%, most brokers rate it buy ## The Week Honeywell Tech (HON) fell 2.93% this week to close at $207.73, while the S&P 500 rose 1.15%, leaving the stock about 4.08 percentage points behind the benchmark. The week’s range was 5.19%. Monday opened at $214.565 and held higher, but Tuesday’s intraday high of $215.37 marked the top before the stock turned lower. Wednesday broke below $208, Thursday touched a low of $204.23, and Friday bounced modestly to finish at $207.73. The stock remains below its 20-day moving average of $209.525 and roughly 6% beneath the 60-day line at $221.44. ## Key Events The week’s news was shaped more by industrial-sector dynamics than company-specific announcements. On Tuesday, media coverage highlighted industrial stocks positioned to withstand a return to rate hikes, alongside reports on spinoffs, acquisitions and green-energy bets reshaping industrial portfolios. The same day paired gold at $4,160 with Home Depot down 30%, framing one rate signal with divergent sector outcomes. Wednesday brought whale alerts for several industrial names including Honeywell. On Thursday, losses in Caterpillar and Honeywell led a 350-point drop in the Dow. Friday delivered a buy rating from J.P. Morgan and a disclosure that a US representative had sold Honeywell shares, followed over the weekend by discussion of a Kenya refinery contract’s potential impact on the stock. ## Analyst Ratings Across 26 covering institutions, the split is 11 buy, 3 over, 9 hold, 1 under and 2 no opinion, with no sell ratings. The consensus rating is buy, with a consensus target of $257.6087, roughly 24.01% above the latest close of $207.73. The target range is wide at $186 to $303. Within the industrial conglomerates group, Honeywell ranks first among eight covered names. ## The Week Ahead The macro focus next week is Wednesday’s US CPI and core CPI prints, with several prior and forecast figures on the calendar; Tuesday also brings NFIB small-business optimism and existing home sales. For Honeywell, the key date is 22 October, when it reports fiscal Q3 2026 results before the open, with consensus estimates of $1.9646 EPS and $5.007 billion in revenue. Before that, whether the stock holds above the week’s low near $204 will depend on how inflation data shifts rate expectations. ## In Short Two signals ran in parallel this week. On one side, most institutions rate the stock buy, the consensus target sits about 24% above spot, and Honeywell leads its peer group on analyst rank. On the other, the price fell on above-average turnover and trailed the index, while the latest session’s flow data showed small-lot money leaning net seller. Valuation is around 8x P/E, 3.55x book and a 3.77% dividend yield. The next checks are whether inflation data reinforces higher-rate expectations and whether the 22 October earnings report offers a firmer earnings anchor. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [HON.US](https://longbridge.com/en/quote/HON.US.md) ## Related News & Research - [Honeywell Aerospace, Inc. (HONA) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit](https://longbridge.com/en/news/301613056.md) - [Rep. Maria Elvira Salazar Sells Shares of Honeywell International Inc. (NASDAQ:HON)](https://longbridge.com/en/news/301357456.md) - [GRAPHIC-Take Five: AI trade meets the Fed](https://longbridge.com/en/news/302836715.md) - [These Analysts Revise Their Forecasts On Texas Instruments Following Q3 Results](https://longbridge.com/en/news/302755837.md) - [Iran Is 'Doing Everything They Can to Drive Up' Oil Prices, Says Trump](https://longbridge.com/en/news/302765449.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**