โ๏ธ Honeywell $HON up ~4% as aerospace spinoff closes โ pure-play automation era begins
Honeywell Technologies shares climbed roughly 4% Thursday after officially completing the spinoff of its aerospace business, emerging as a pure-play industrial automation company. The company updated its 2026 EPS guidance to $7.90โ$8.30, adjusted for the recently completed 1-for-2 reverse stock split. Q2 earnings drop July 23 โ the first report under the new structure โ with analysts penciling in $5B in revenue. Not financial advice โ does the leaner, more focused $HON belong in your portfolio as an AI-adjacent industrial automation play?
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