Honeywell International Stock Holds Steady on Guidance for Mid-Single-Digit Growth

Honeywell International's stock price held steady in mid-August 2026 as investors weighed new guidance pointing to mid-single-digit growth and steady profitability for the current year. Management expects organic sales growth of 4-5% and adjusted earnings per share between $7.60 and $7.90 for fiscal 2026.

The company's aerospace segment reported a 5% year-over-year increase in organic sales to $4.5 billion in the second quarter, with orders climbing 8%. The book-to-bill ratio of 1.1 indicates that new business intake exceeded revenues and supports a growing backlog.

Despite a $50 million inventory obsolescence charge, pro forma adjusted EBIT for the quarter came in at $1.0 billion, representing a 2% decline compared to the prior year period. However, excluding the charge, adjusted EBIT would have grown 3% year over year.