This Research Note examines the Building Automation business of Honeywell Technologies presented at their Investor Day on 11th June 2026. This article updates our previous commentary on Honeywell’s automation spinoff in October 2025 and their 2025 results in February 2026. Honeywell Technologies Simplified the portfolio into a pure-play automation leader, spinning off Aerospace and Advanced Materials and divesting lower-growth businesses. Divestitures are expected to be completed at the end of June 2026. Refreshed 25% of the portfolio over three years, focusing on mission-critical automation in buildings, industrial, and process sectors, and leaning on Artificial Intelligence (AI) to move from automation toward autonomy. Forecast to deliver 4% to 6% organic growth, more than 60 basis points of margin expansion annually, and over 10% earnings growth annually at over 90% free cash flow conversion across the next three years. Over 75% of offerings are sustainability-oriented, with a stated goal of carbon neutrality by 2035. Building Automation Business […]
