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Honeywell raises guidance, targets 4-6% growth and strong cash flow through 2029

Market News
11 Aug 2026
Seeking Alpha
View Source
Bullish
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Honeywell's CFO Mike Stepniak shared positive updates at Deutsche Bank's summit, highlighting a strong first half of 2026 and robust order intake in July. The company raised its guidance and set ambitious 3-year targets including 4-6% annual revenue growth, doubling earnings per share by 2029, expanding margins, and achieving over 90% free cash flow conversion. Management expressed confidence in continued strong performance into the next year, positioning Honeywell as a focused automation company.

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