5 Best Diversified Dividend Stocks to Buy Right Now

4. Honeywell International Inc. (NASDAQ:HON)

Number of Hedge Fund Holders: 79

On March 26, Honeywell International Inc. (NASDAQ:HON) announced a collaboration with Rhombus, a cloud-based video management company, to expand its portfolio of cloud-connected security and access solutions. The partnership introduces new AI-powered video capabilities.

The move builds on Honeywell’s efforts to modernize building security, which started in 2024 with the acquisition of LenelS2. Through this collaboration, Honeywell and Rhombus plan to offer integrated access control and video management in a single cloud-based solution designed to be easy to deploy, scale, and manage. The combined offering will first be rolled out in North America, the United Kingdom, and Australia. Over time, the companies expect to expand globally, using their combined infrastructure and reach to serve organizations of different sizes with a unified security platform.

Honeywell International Inc. (NASDAQ:HON) is an integrated company serving a wide range of industries and regions. Its portfolio is supported by the Honeywell Accelerator operating system and the Honeywell Forge platform. The company provides solutions across aerospace, building automation, industrial automation, process automation, and process technology.