Honeywell lifts 2026 profit guidance after one-for-two reverse split

Honeywell Technologies raised its 2026 profit guidance following a one-for-two reverse stock split that took effect on June 29, the same day it spun off its aerospace division as a separate Nasdaq-listed company (HONA). The guidance increase is purely mechanical — per-share earnings roughly doubled because the share count was halved from ~634 million to ~317 million — while the underlying operating outlook remains unchanged, with full-year sales still guided at $19.9–$20.2 billion and organic growth of 2–3%. The split completes a three-way breakup of the 140-year-old conglomerate, which also carved out Solstice Advanced Materials, driven by pressure from activist investor Elliott Investment Management. Honeywell Technologies retains the HON ticker and focuses on automation, building controls, and process technology, plus a significant stake in quantum computing firm Quantinuum.

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