11:23 AM EDT, 10/24/2025 (MT Newswires) -- Honeywell International ( HON ) reported a 22% rise in organic orders in Q3, the "biggest surprise" in results that topped estimates and prompted a guidance boost, reflecting broad-based demand strength, particularly in the "lofty" aerospace aftermarket sector, RBC Capital Markets said Thursday in a report.

"This robust demand highlights resilience in both short- and long-cycle businesses, despite lingering macroeconomic

and energy market headwinds," RBC said.

Honeywell ( HON ) is advancing its three-way breakup, removing Solstice Advanced Materials from 2025 guidance ahead of the planned spinoff on Thursday, the report said.

Management has also streamlined segment reporting and is preparing for the aerospace and automation separation in H2 2026, and additional steps include cleaning up legacy liabilities and exploring options for noncore businesses, with potential announcements expected next quarter, RBC said.

RBC lowered its price target on Honeywell ( HON ) stock to $235 from $253 to reflect the Solstice spinoff, while maintaining its sector perform rating.

Honeywell ( HON ) shares fell 2.1% in recent Friday trading.

Price: 215.98, Change: -4.69, Percent Change: -2.13