From Yahoo Finance: 2025-06-11 16:23:00

Honeywell International Inc. (NASDAQ:HON) finalizes a $2.16 billion acquisition of Sundyne, known for advanced pumps and gas compressors. This move is expected to boost revenue growth, segment margins, and adjusted earnings per share for Honeywell. Sundyne’s technology will enhance Honeywell UOP’s presence in various industries.

Sundyne’s acquisition strengthens Honeywell’s position in the energy transition, offering a comprehensive solution integrated with the Honeywell Forge platform. This move follows Honeywell’s announcement to spin off Aerospace Technologies and Solstice Advanced Materials units to create three separate focused companies. Honeywell has pursued strategic initiatives to enhance growth since December 2023, including $13.5 billion in acquisitions.

Honeywell’s stock (HON) has surged over 7% in the past year. While HON is seen as a solid investment, some AI stocks may offer greater upside potential with less downside risk. Investors seeking an undervalued AI stock that could benefit from current trends can explore a free report on the best short-term AI stock.

Read more: Honeywell Finalizes Sundyne Acquisition to Boost Its Process Industry Strength