Updated
Updated · Reuters · Jun 8
Honeywell Reaffirms 2026 Outlook Ahead of June 29 Aerospace Spinoff
Updated
Updated · Reuters · Jun 8

Honeywell Reaffirms 2026 Outlook Ahead of June 29 Aerospace Spinoff

3 articles · Updated · Reuters · Jun 8

Summary

  • Honeywell kept its 2026 guidance unchanged, still expecting adjusted profit of $10.35 to $10.65 a share and revenue of $38.8 billion to $39.8 billion.
  • June 29 will mark the spinout of Honeywell Aerospace, a key step in the conglomerate's planned three-way breakup into aerospace, automation and advanced materials businesses.
  • Vimal Kapur said Middle East conflict effects should stay limited to the first half—after trimming first-quarter revenue by 0.5% and likely second-quarter revenue by about 1%—unless fighting re-escalates.
  • Honeywell now sees the remaining automation business, Honeywell Technologies, generating 2026 adjusted profit of $3.95 to $4.15 a share, $19.9 billion to $20.2 billion in revenue and about $2 billion in free cash flow.
  • The reshaping follows last October's spinoff of Solstice Advanced Materials, leaving Honeywell closer to operating as separate, more focused industrial companies.

Insights

As Honeywell carves out its aerospace unit, can the new company fly solo in a market shaken by conflict?
Will Honeywell's three-way split unlock shareholder value or just dismantle a stable industrial giant?
With a Mideast blockade ongoing, is Honeywell's bet on a profit 'tailwind' from reconstruction overly optimistic?