Steps to reproduce:
Place a stonecutter facing north/south and another one facing east/west;
Place a chest nearby;
Mine one of the stonecutters and store it in the chest;
Mine the other one and compare both item icons.
Expected results:
Both of them look the same.
Observed results:
Although they're still the same item and can be stacked, they are facing different directions when they're in separate slots. See attached picture.
Can confirm.