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Honeywell Adjusts Full Year 2024 Guidance on Margin Pressures

publication date: Jul 25, 2024
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Image: Honeywell’s shares have traded sideways for the past 12-18 months. 

Honeywell is a fantastic company, and we continue to like shares in the Dividend Growth Newsletter portfolio. Second quarter results were better than expected, but the quarterly beat was overshadowed by lowered adjusted earnings per share and free cash flow guidance for 2024. Though the news wasn’t great, we’re not making any changes to our newsletter portfolios at this time. Shares of Honeywell yield 2% at the time of this writing.


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