Key Points – Honeywell Technologies posted stronger-than-expected Q2 results, with 4% organic sales growth, 16% organic order growth, and 100 basis points of margin expansion.
Adjusted EPS rose 10% to $1.95, helped by higher segment profit, lower interest expense, and a lower share count. – The company raised its full-year 2026 outlook, now expecting 3% to 4% organic sales growth, adjusted EPS of about $8.20 at the midpoint, and segment margin expansion of 250 to 290 basis points
It reaffirmed roughly $2 billion in free cash flow for the year. – Honeywell said portfolio transformation is advancing, having completed the Aerospace spin-off and the Quantinuum IPO, while also closing the Johnson Matthey Catalyst Technologies acquisition. The company expects upcoming divestitures to simplify Industrial Automation and sharpen its focus on higher-growth areas like data centers, LNG and life sciences. – Vertical Aerospace: Pre-Flight Checks Point to a Breakout Honeywell International (NASDAQ:HON) reported stronger-than-expected second-quarter 2026 results for its newly defined Honeywell Technologies business and raised its full-year outlook, citing broad order strength, margin expansion and momentum across its automation-focused portfolio. Chairman and Chief Executive Officer Vimal Kapur said the quarter marked “an important milestone” as the company began operating as a pure-play automation company following the June 29 spin-off of Honeywell Aerospace.
Senior Vice President of Investor Relations Mark Macaluso noted that the results and guidance discussed on the call exclude Honeywell Aerospace, remove pension income and Quantinuum from adjusted results, and reflect the impact of a one-for-two reverse stock split on adjusted earnings per share. – Brady Corp Wires Up a Massive AI-Powered Breakout Kapur said Honeywell Technologies delivered 4% organic sales growth in the quarter, driven by continued strength in Building Automation and better-than-expected performance in…