Latest Textron Inc News and Updates
Honeywell Fell 7.5% as Business Update Spooked Investors
On October 7, Honeywell (HON) stock fell 7.5% to $106.94. This was Honeywell’s biggest one-day drop since August 2011.
TDG Boosted Its Proprietary Product Revenue with This Acquisition
TransDigm (TDG) has increased the size of its existing term loan facility by $650 million to facilitate a one-time special dividend of $24 per share.
Polaris President Bennett Morgan Retired
Polaris Industries (PII) has a market cap of $5.6 billion. It rose by 1.1% to close at $84.38 per share on May 16, 2016.
Can the Learjet–Textron Cessna Combination Fly Higher?
Rumors have been flying about the potential sale of Learjet to Cessna Aircraft. Learjet is a light business jet manufacturing unit housed by Bombardier (BDRBF).
Honeywell Declares a Quarterly Dividend of $0.82 in Q1 2019
Today, Honeywell (HON) declared a regular cash dividend for the first quarter of 2019.
Analyzing Honeywell’s Performance since Its Q3 Earnings
Honeywell (HON) is scheduled to announce its fourth-quarter earnings on February 1 before the market opens.
Honeywell to Help Tobacco Companies Comply with EU Directive
So far in 2019, Honeywell stock has gained 6.9%.
Honeywell to Collaborate with Optoro on Reverse Logistics
On January 10, 2019, Honeywell (HON) announced that it plans to collaborate with Optoro.
Honeywell’s GoDirect Bags New Contract with Swissport
On December 10, 2018, Honeywell (HON) announced that it would deploy its GoDirect ground solution to Swissport International for five years.
Honeywell to Shift Its Headquarters to Charlotte
On November 30, Honeywell (HON) announced that it will relocate its global corporate headquarters to Charlotte, North Carolina.
William Yu: New President of Honeywell China
In a press release on November 15, Honeywell (HON) said that William Yu will be the president of Honeywell China.
Honeywell Completed the Transnorm Acquisition
In a press release on November 9, Honeywell (HON) announced that it completed the acquisition of German-based Transnorm.
IFF’s Valuation Compared to Its Peers
As of October 30, International Flavors and Fragrances (IFF) was trading at a one-year forward PE multiple of 23.7x.
5 Stocks Down Over 5% Today
United Rentals, Inc. (NYSE: URI), Textron Inc. (NYSE: TXT), Snap-on Incorporated (NYSE: SNA), Sealed Air Corp. (NYSE: SEE), and Activision Blizzard, Inc. (Nasdaq: ATVI) are getting crushed today. What should you do now?
Honeywell Increases Its Quarterly Cash Dividend by 10%
On September 28, Honeywell (HON) announced its dividend for the fourth quarter.
Analyzing GE Transportation’s India Order
General Electric (GE) Transportation made a key announcement at Berlin’s InnoTrans 2018 International Trade Fair on September 19.
Trinity Industries to Unlock Value in Arcosa, Board Okays Separation
Trinity Industries (TRN) is a major rail transportation solution provider in the United States. On September 25, the company announced that its board has approved the separation of its infrastructure-related businesses.
What Are Institutional Investors’ Positions on Celanese?
Second-quarter 13F SEC filings indicate that institutional investors own 95.3% of Celanese’s (CE) outstanding shares.
Honeywell Launches New Midstream Gas Metering Solution
On June 19, Honeywell (HON) launched a new gas metering solution. The new solution makes the company’s metering operations more reliable.
Honeywell Stock Soars on Strong 4Q17 Earnings
Honeywell International (HON) announced its 4Q17 earnings on January 26, 2018, before the market opened.
How Has Honeywell Stock Performed since 3Q17 Earnings?
Since Honeywell (HON) declared its 3Q17 earnings on October 20, 2017, HON stock has risen ~9.0% as of January 22, 2018.
3M’s Pension Plan, Post-Retirement Benefits, and the Rate Hike
3M (MMM) offers defined benefit plans to all its US employees and those outside the United States as a well. Overall, the company has 80 defined plans across 28 countries.
How Fed’s Rate Hike Will Affect Honeywell’s Pension Objectives
Honeywell (HON) offers defined benefit plans that cover the majority of its employees and retirees in the United States and many other countries.
Goldman Sachs Rated Harley-Davidson as ‘Neutral’
Harley-Davidson (HOG) reported 3Q16 Motorcycle and Related Products revenues of $1.09 billion, a fall of 4.4% from the $1.14 billion reported in 3Q15.
What RBC Capital Thinks of Harley-Davidson
Harley-Davidson (HOG) has a market cap of $10.4 billion. It fell 1.2% to close at $58.29 per share on November 15, 2016.
A Look at Harley-Davidson’s 3Q16 Performance
Price movement Harley-Davidson (HOG) rose 13.1% to close at $56.37 per share during the third week of October 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 13.1%, 8.5%, and 27.2%, respectively, as of October 21. HOG is trading 9.2% above its 20-day moving average, 8.1% above its 50-day moving average, and […]
Higher G650 Mix Puts Margins of General Dynamics in Top Gear
Despite the challenging conditions, General Dynamics (GD) has managed to raise its margins in its Aerospace segment.
Textron Aviation, Industrials Manage to Put Quarterly Sales in the Green
Textron’s (TXT) revenues in 3Q16 rose 2.2% to ~$3.3 billion, missing estimates by $150 million. Sales growth was driven by 2.1% inorganic growth.
NetJets Orders Secure Textron Aviation amid Business Jet Weakness
Textron Aviation increase its sales in the last two quarters after gaining traction for its new Latitude business jets. It has secured 150 orders from NetJets.
How Does Longbow View Polaris Industries?
Polaris Industries (PII) has a market cap of $4.6 billion. It fell 4.4% to close at $74.07 per share on October 4, 2016. Longbow rated Polaris Industries as “underperform” and set the stock’s price target at $77.50 per share.
Jefferies Is Rating Harley-Davidson a ‘Hold’
Harley-Davidson (HOG) has a market cap of $9.4 billion. It rose 0.21% to close at $52.59 per share on September 30, 2016.
Harley-Davidson Rose Again on Rumors
Harley-Davidson (HOG) rose 1.6% to close at $52.52 per share during the third week of September 2016.
Polaris Defense Appoints John M. Olson as Vice President
Polaris Industries (PII) has a market cap of $5.5 billion. It fell by 0.50% to close at $83.52 per share on September 6, 2016.
Why Did Harley-Davidson Cut Jobs?
Harley-Davidson rose by 0.36% to close at $52.89 per share on September 1, 2016. Its weekly, monthly, and YTD price movements were -0.66%, 2.4%, and 18.5%.
Northcoast Research Downgrades Polaris Industries to ‘Neutral’
Polaris Industries (PII) has a market cap of $5.6 billion. It fell by 2.5% to close at $86.64 per share on August 31, 2016.
Harley-Davidson Declares Dividend of $0.35 Per Share
Harley-Davidson (HOG) has a market cap of $9.6 billion. It rose by 0.80% to close at $52.75 per share on August 30, 2016.
Longbow Research Downgrades Harley-Davidson to ‘Underperform’
Harley-Davidson (HOG) has a market cap of $9.5 billion. It fell by 0.46% to close at $52.33 per share on August 29, 2016.
Why Will Harley-Davidson Pay a $12 Million Fine?
Harley-Davidson (HOG) has a market cap of $9.6 billion. It fell by 1.7% and closed at $53.54 per share on August 18, 2016.
Barclays Downgrades Harley-Davidson to ‘Underweight’
Harley-Davidson (HOG) has a market cap of $9.3 billion. It fell by 2.4% to close at $51.66 per share on August 1, 2016.
Wells Fargo and RBC Capital Downgrade Harley-Davidson
Harley-Davidson (HOG) has a market capitalization of $9.6 billion. It rose by 3.7% to close at $52.92 per share on July 29, 2016.
Analyzing Honeywell Aerospace’s Strengths, Weaknesses
Honeywell’s lucrative commercial aftermarket business, which makes up 32% of its Aerospace segment’s revenue, saw an uptick of 6% in organic sales in 2Q16.
How Does Polaris Industries Compare to Its Peers?
The year-to-date price movements of Polaris Industries, MOAT, IVOG, and RYJ are 12.0%, 18.3%, 9.5%, and 7.2%, respectively.
How Did Polaris Industries’ Segments Fare in 2Q16?
In 2Q16, Polaris Industries (PII) reported sales of $1,130.8 million, a fall of 0.58% compared to the corresponding period last year.
Polaris Industries Announces 2Q16 Results and Quarterly Dividend
Polaris Industries (PII) has a market cap of $6.1 billion. It rose by 9.1% to close at $95.03 per share on July 20, 2016.
Raymond James Downgrades Polaris Industries to ‘Market Perform’
Raymond James has downgraded Polaris Industries’ rating to “market perform” from “strong buy.”
Why Are 430,000 Harley-Davidson Motorcycles Being Investigated?
Harley-Davidson (HOG) has a market cap of $8.9 billion. Its stock rose by 1.9% to close at $48.73 per share on July 8, 2016.
Why Did Harley-Davidson Rise ~20% on July 1?
Harley-Davidson (HOG) has a market capitalization of $8.2 billion. It rose by 19.8% to close at $54.25 per share on July 1, 2016.
How Will Polaris Benefit from Taylor-Dunn Acquisition?
Polaris Industries has acquired Taylor-Dunn, a leading provider of industrial vehicles. Taylor-Dunn will become a wholly owned subsidiary of Polaris.
KeyBanc Raised Polaris Industries’ Price Target to $100 per Share
Polaris Industries (PII) has a market cap of $5.9 billion. PII rose by 2.4% to close at $91.29 per share as of February 26, 2016.
SWOT analysis of Rockwell Collins
Rockwell Collins expects its Airborne Solutions/Avionics division to see good growth in the future due to the rising demand in Unmanned Air Vehicles (or UAVs).
Why policy paralysis and slow decision making are detractors
Policy paralysis has been a real threat to the development of India and has affected business and investments.