Honeywell raises 2026 outlook after strong Q2, focusing on automation and hydrogen tech growth

Honeywell International Inc. has sharpened its focus on automation by spinning off its Aerospace and Advanced Materials divisions, concentrating on Buildings, Process, and Industrial segments. The company reported strong Q2 2026 results and a solid 1.1x book-to-bill ratio, leading to an upgraded full-year guidance. Key growth drivers include an accelerating backlog, the acquisition of Johnson Matthey for hydrogen technology, and opportunities in data center automation. Honeywell's strong balance sheet, dividend coverage, and ongoing share buybacks support a Buy rating with potential for robust total returns.

Honeywell International Inc. has a market cap of $67.37 billion and a dividend yield of 1.32% on Pluang as of September 25, 2026, 02:32 WIB. The stock price is USD 211.65, down 0.43% in the last day, with a volume of 2,471,397 shares traded. Despite the slight dip, the company’s focus on automation and strong balance sheet underpin ongoing investor interest, reflected in a nearly balanced Pluang order activity of 53% Sell and 47% Buy.