What's Going on With Honeywell International Stock Thursday?

Honeywell International Inc. (NASDAQ: HON ) stock edged higher in Thursday’s session after the company updated its financial guidance to reflect the impact of its recent reverse stock split.

Honeywell Updates Guidance On Wednesday, Honeywell updated its fiscal 2026 guidance following its 1-for-2 reverse stock split, which became effective on June 29.

The company now expects adjusted EPS of $7.90 to $8.30 for fiscal 2026, compared with its previous guidance of $3.95 to $4.15 before the split adjustment.

Honeywell reaffirmed its sales outlook of $19.9 billion to $20.2 billion.

For the second half of fiscal 2026, Honeywell continues to expect sales of $10.1 billion to $10.3 billion.

Adjusted EPS is now projected at $4.40 to $4.70, compared with the previously stated range of $2.20 to $2.35.

The reverse stock split reduced the company’s outstanding common shares from about 634 million to 317 million.

Honeywell said it will provide additional details on its second-quarter results during its earnings conference call on July 23.

Analysts Remain Bullish Honeywell carries a consensus Buy rating with an average analyst price forecast of $436.86.

Recent analyst actions include: JPMorgan maintained an Overweight rating and lowered its price forecast to $250 on July 7.

Citigroup maintained a Buy rating and lowered its price forecast to $260 on July 1.

Deutsche Bank maintained a Buy rating and raised its price forecast to $263 on June 30.

HON Technical Outlook Honeywell traded at $221.25 in premarket trading, about 1.2% below its 50-day simple moving average of $221.72.

The stock has declined about 2.1% over the past 12 months.

The 20-day simple moving average of $224.84 remains the first key resistance level.

On the downside, the 52-week low of $218.70 serves as an important support area.

The relative strength index stood at 45.82, indicating neutral momentum and suggesting the stock is neither overbought nor oversold.

Honeywell ETF Exposure HON is a meaningful holding in several exchange-traded funds, including the Invesco Aerospace & Defense ETF (NYSE: PPA ), the Dynamic US Large Cap Value ETF (NASDAQ: DVAL ) and the Themes Transatlantic Defense ETF (NASDAQ: NATO ).

Large fund flows into or out of these ETFs could influence demand for Honeywell shares.

Price Action: Honeywell shares were up 0.4% at $221.25 during Thursday’s premarket session, according to Pro data.

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