Honeywell Technologies Posts $664M Third-Quarter Net Income
HON is trading near its 52-week low of $195.769 (11% above the low).
Summary
Honeywell Technologies reported third-quarter net income of $664M, with EPS of $2.08 and sales of $4.99B. Organic sales growth rose 7% in the quarter, with Industrial Automation sales of $1.12B and Building Automation sales of $2.02B. The company raised its full-year 2026 adjusted EPS guidance to $8.40-$8.45 and sales to $20.0B-$20.1B, with segment margin ~20.5% and free cash flow ~$2.1B. Context matters here: the June spin-off of Honeywell Aerospace left the remaining business with a different earnings base, and the standalone Aerospace unit already cut organic growth guidance to 4-5% in August after a weak first quarter.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Honeywell Technologies raised full-year 2026 adjusted EPS guidance to $8.40-$8.45 and sales to $20.0B-$20.1B, with segment margin ~20.5% and free cash flow ~$2.1B.
At the time of this announcement, HON was trading at $217.50 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $68.1B. The 52-week trading range was $195.77 to $260.15. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.