Honeywell Lowers 2026 Growth Outlook Amid Supply-Chain Woes
Honeywell Technologies Inc., a leading industrial conglomerate, has scaled back its growth expectations for 2026. The company now anticipates organic sales growth of 4-5% and adjusted earnings per share (EPS) of $7.60-$7.90. This revision comes after Honeywell's second-quarter results were impacted by supply-chain constraints.
The firm reported Q2 sales of $4.52 billion, with adjusted EPS coming in at $1.87. The aftermarket segment saw an 8% increase, while the original equipment manufacturer (OEM) segment experienced a 6% growth.
As part of its refocusing strategy on automation, Honeywell has divested its Productivity Solutions & Services unit to Brady for cash. This move is the latest in a series of divestitures, with the company having closed approximately $11.5 billion in acquisitions since 2023.