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Honeywell International Inc. (NASDAQ:HON) is included among the 10 Best Dividend Stocks to Buy According to D. E. Shaw.

Photo by Dan Dennis on Unsplash

On June 8, Reuters reported that Honeywell International Inc. (NASDAQ:HON) reaffirmed its full-year adjusted profit and sales forecast as the company prepares to spin off its aerospace business in the coming weeks.

Honeywell Aerospace, which manufactures aircraft engines, parts, and defense systems, is set to be spun off on June 29. The move marks a major milestone in the company’s previously announced plan to split into three separate businesses focused on automation, aerospace, and advanced materials.

Honeywell expects full-year 2026 adjusted earnings to be between $10.35 and $10.65 per share. The company also forecasts annual revenue of $38.8 billion to $39.8 billion.

In April, CEO Vimal Kapur said the Middle East conflict reduced first-quarter revenue by 0.5%. He also expected a roughly 1% impact in the second quarter, primarily affecting the company’s process automation and technology segment.

Speaking on an investor call on Monday, Kapur said Honeywell has “very high conviction” that the conflict will not affect results in the second half of 2026, assuming “no significant re-escalation.” He added that it could become a “tailwind” as customers increase spending on energy security and reconstruction efforts. Honeywell Technologies expects adjusted earnings for 2026 to range from $3.95 to $4.15 per share. The business also projects revenue of $19.9 billion to $20.2 billion. The company expects annual free cash flow of about $2 billion.

Honeywell International Inc. (NASDAQ:HON) is an integrated operating company serving customers across a wide range of industries and regions. Its portfolio is supported by the Honeywell Accelerator operating system and the Honeywell Forge platform.

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