Honeywell International Inc. (NASDAQ:HON) Sees New Price Target and Strategic Acquisition

Font: Financial Modeling Prep  • Feb 23, 2026

• Goldman Sachs sets a new price target for Honeywell International Inc. (NASDAQ:HON) at $262, indicating a potential increase of 7.39% from its current price.
• Honeywell amends its agreement to acquire Johnson Matthey's Catalyst Technologies, adjusting the acquisition price to £1.325 billion from £1.8 billion, aiming to enhance its Process Technologies capabilities.
• The stock has shown volatility with a current price of $243.97, a day's range between $240.30 and $244.50, and a yearly fluctuation between $245.63 and $169.05.

Honeywell International Inc. (NASDAQ:HON) is a multinational conglomerate known for its diverse range of products and services, including aerospace systems, building technologies, and performance materials. The company competes with other industrial giants like General Electric and Siemens. Recently, Goldman Sachs set a new price target for Honeywell at $262, suggesting a potential increase of 7.39% from its current trading price of $243.97.

Honeywell's recent strategic move involves an amended agreement to acquire Johnson Matthey's Catalyst Technologies business segment. The acquisition price has been adjusted to £1.325 billion from the initial £1.8 billion. This acquisition is expected to enhance Honeywell's capabilities in Process Technologies, aligning with its growth strategy. The long stop date for the transaction is now set for July 21, 2026, with a possible extension to August 21, 2026, if necessary.

The stock for Honeywell is currently priced at $243.97, marking an increase of 1.33% or $3.20. The stock has shown some volatility today, with a low of $240.30 and a high of $244.50. Over the past year, Honeywell's stock has fluctuated between a high of $245.63 and a low of $169.05, indicating a significant range of movement.

Honeywell's market capitalization is approximately $154.9 billion, reflecting its substantial presence in the industrial sector. The trading volume for the day is 2,681,320 shares, indicating active investor interest. Honeywell's ongoing commercial collaborations with Johnson Matthey aim to deliver significant value to customers globally, further strengthening its market position.