Honeywell Technologies Raises Profit Guidance After Reverse Stock Split
Honeywell Technologies raised its second-half and full-year 2026 profit targets after completing a 1-for-2 reverse stock split. The company expects adjusted EPS of $4.40-$4.70 for H2, up from $2.20-$2.35 previously.
Key Numbers
Automation firm Honeywell Technologies (HON) raised its second-half and full-year 2026 profit guidance on Wednesday after completing a 1-for-2 reverse stock split. The move follows the spin-off and listing of its aerospace arm, Honeywell Aerospace, last month.
Key Financial Figures
| Metric | New H2 2026 Guidance | Previous Guidance |
|---|---|---|
| Adjusted EPS | $4.40 - $4.70 | $2.20 - $2.35 |
*Note: Previous figures are pre-split equivalents.
Highlights from the Statement
The company attributed the guidance raise to improved operational performance following restructuring and the positive impact of the reverse split, which halved the number of outstanding shares.
Future Guidance
Honeywell Technologies now expects adjusted EPS for the second half of 2026 between $4.40 and $4.70, compared to its earlier range of $2.20 to $2.35 (pre-split). Full-year 2026 guidance was also raised.
Stock Impact
No immediate stock price reaction was reported. The stock trades under ticker HON on Nasdaq.
What This Means for Investors
The guidance raise signals management confidence in future performance after the aerospace spin-off. The reverse split increases the nominal share price but does not change market cap. Investors should watch upcoming quarterly reports to assess growth sustainability.
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