Honeywell International Inc. (NASDAQ:HON) posted Q2 continuing-operations net income of $5.7B, including a $6.629B Quantinuum deconsolidation gain, raised 2026 guidance for organic sales and margins with updated ~$8.20 adjusted EPS and ~$2B FCF, and accelerated divestitures—analysts lifted targets.
Previous Week Recap
- Honeywell Gain From Deconsolidation: Honeywell (HON) reported a $6.629B gain from Quantinuum deconsolidation and Q2 2026 continuing-operations net income of $5.7B for the three- and six-month periods ended June 30.
- Honeywell Raises Growth Outlook: Honeywell (HON) raised full-year organic sales growth to 3–4%, now forecasts 250–290 bps segment margin expansion, updated adjusted EPS ~ $8.20, and roughly $2B free cash flow.
- CEO Sees Early Divestitures: Honeywell (HON): CEO says divestitures of Productivity Solutions & Services and Warehouse & Workforce businesses expected by early August 2026, about two months ahead of prior timetable.
- Analysts Lift Targets: Citigroup kept Buy on Honeywell (HON) and lifted its target to $279 from $260; RBC kept Outperform and raised its target to $298 from $272.
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.