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Honeywell reaffirms annual forecast ahead of aerospace spinoff

By Thomson Reuters Jun 8, 2026 | 5:08 AM

June 8 (Reuters) – Honeywell on Monday reaffirmed its annual adjusted profit ​forecast weeks ahead ‌of the spinoff of its aerospace business.

The company reaffirmed its full-year 2026 adjusted ‌profit ​to range ⁠between $10.35 and $10.65 per ⁠share.

Last year, Honeywell announced a three-way split of the conglomerate into independent ​public companies focused on automation, aerospace ⁠and advanced ⁠materials.

Solstice Advanced Materials, which ​houses Honeywell’s former advanced ​materials unit, spun off as ‌a standalone company in October 2025.

Honeywell Aerospace, which makes aircraft ⁠engines, parts and defense systems, will trade as HONA after ⁠the ‌separation on June ⁠29.

The remaining automation ​business, ‌which will be ​known as ⁠Honeywell Technologies, will continue to trade as HON.

(Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Vijay ​Kishore)