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ResolvedStocks

Honeywell Raises 2026 Profit Guidance Following 1-for-2 Reverse Stock Split

First Detected: Jul 9, 2026, 1:59 AM
Last Update: about 2 months ago
12 articles·3 stories

Event Summary

Honeywell raised its profit guidance for the second half and full-year 2026, updating its EPS projections to $7.90-$8.30. This adjustment follows a 1-for-2 reverse stock split that reduced outstanding shares from 634 million to 317 million as of late June. Following the announcement, the company's stock rose 0.5% in post-market trading.

Timeline

Honeywell Stock Gains Momentum After Reverse Split and Guidance Upgrade
Jul 13, 2026, 3:02 PMImpact: 5
Honeywell Updates Guidance; IBM Slides on AI Competition Concerns
Jul 10, 2026, 8:17 AMImpact: 5
Honeywell Raises 2026 Profit Guidance Following 1-for-2 Reverse Stock Split
Jul 9, 2026, 1:59 AMImpact: 4

Price Impact

Since event start
HON-7.07%
IBM-20.52%
SBUX-1.82%