Honeywell Expects Uneven Earnings Progression In Next Few Years

Honeywell unveiled new brand identities for its two businesses ahead of the planned June 29 aerospace spin-off. The company forecasts 7-9% organic sales growth in 2026 with adjusted EBIT of $4.65-$4.75 billion. Long-term targets include adjusted EBIT exceeding $6.5 billion by 2030 and free cash flow surpassing $4 billion. Management expects uneven earnings progression through 2026-2028 as it continues investing. The stock carries a Buy rating with an average price target of $256, though shares were down 2% at the time of publication.