Honeywell has set new three-year financial targets, projecting 4%-6% organic growth, over 60 basis points of annual margin expansion, and more than 10% annual earnings growth. The company anticipates achieving these metrics with over 90% free cash flow conversion. These targets follow a three-year process to simplify the company's portfolio and are intended to lay the foundation for future growth as Honeywell transitions into a pure-play automation company.

Vimal Kapur, Chairman and CEO of Honeywell, stated that the company is at a historic moment in its transformation. He emphasized that the revamped innovation machine and simplified business model approach, supported by operational excellence and strategic capital deployment, will enable the acceleration of profitable growth. The company plans to leverage its vast installed base and deep domain expertise in mission-critical environments to meet these objectives.

Strategic Focus and Segments

The investor presentation will introduce Honeywell Technologies and provide a new growth and margin expansion framework following the planned separation of Honeywell Aerospace. The event will feature deep dives into the company's products and solutions, growth drivers, end markets, and customer case studies. Additionally, the presentation will include financial targets for Honeywell Technologies and each strategic business segment.

Financial Targets Overview

Earlier this week, the company provided a preliminary 2026 financial outlook for Honeywell Technologies. Several changes were made to the presentation of adjusted results to provide a simpler, more effective basis for explaining operational performance. A live video webcast of the investor conference was available through the investor relations section of Honeywell's website, with a replay accessible for 30 days following the presentation.

Honeywell has established June 15, 2026, as the record date for the spin-off of its Aerospace business, a move that will result in shareowners receiving one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock owned. The distribution is scheduled to occur on June 29, 2026, at 12:01 a.m., New York City time. Following this separation, Honeywell Aerospace is expected to commence trading on the Nasdaq Stock Market LLC under the ticker symbol "HONA" on the same date, while Honeywell will continue to trade under its existing ticker "HON."

To execute the spin-off, Honeywell will distribute all issued and outstanding shares of Honeywell Aerospace common stock pro rata to shareowners of record as of the close of business on the Record Date. The distribution ratio is fixed at one share of Honeywell Aerospace common stock for every two shares of Honeywell common stock held. The Board of Directors has approved these steps to finalize the separation of the aerospace unit.

Key Dates and Ratios

Honeywell will retain its listing on Nasdaq under the symbol "HON" following the completion of the spin-off. The separation allows Honeywell Aerospace to operate as an independent publicly traded entity.