Key facts
- Honeywell Technologies raised its second-half 2026 adjusted EPS guidance to $4.40-$4.70.
- The company increased its full-year 2026 adjusted EPS guidance to $7.90-$8.30.
- Honeywell Technologies completed a one-for-two reverse stock split.
- Sales and segment margin targets for 2026 remained unchanged.
Honeywell Technologies announced an update to its 2026 financial guidance, raising its profit targets for both the second half and the full year following a one-for-two reverse stock split that took effect on June 29, 2026. The company's outstanding common shares were reduced from 634 million to 317 million as a result of the split.
The revised guidance for the second half of 2026 projects adjusted earnings per share (EPS) between $4.40 and $4.70, a significant increase from the previous forecast of $2.20 to $2.35. For the full year 2026, the adjusted EPS target has been raised to a range of $7.90 to $8.30, up from the earlier projection of $3.95 to $4.15.
Despite the upward revision in profit targets, Honeywell Technologies maintained its sales and segment margin guidance for both the second half and the full year of 2026. The company's three-way split, which included spinning off its aerospace arm, Honeywell Aerospace, was announced last year amid pressure from activist investor Elliott Investment Management.
Honeywell Technologies will provide further details on its second-quarter 2026 performance during its earnings conference call scheduled for July 23, 2026.