United Technologies Corp
How Did Rockwell Automation’s Operating Segments Fare in Fiscal 1Q17?
For fiscal 1Q17, Rockwell Automation (ROK) reported $696 million in sales from its Architecture & Software segment compared to $643 million during fiscal 1Q16.
LMT’s future opportunities in the Middle East and Asia-Pacific
While the Middle East represents the most immediate opportunities, LMT is also working towards more promising opportunities in the Asia-Pacific region.
Outlook for General Dynamics’ individual business segments
In this part of the series, we’ll look at the outlook for General Dynamics’ individual business segments. General Dynamics has four major business segments.
How Post-Brexit Trade Deals Impact US Multinationals in Europe
If the United Kingdom doesn’t strike a deal with EU, tariffs on industrial goods and services would range between 0% and 16%, depending on the nature of the products.
Does UTC Reward Its Investors with Higher Returns?
UTC (UTX) stock has generated more than 130% returns over the last decade. This is nearly double the S&P index returns during the same time period.
Will Boeing Increase Its Dividend Payout in 2Q16?
Boeing has a history of increasing its dividend payout once in every four quarters. The company has already announced a 20% increase in quarterly dividends for 2016.
US Industrial Production Data Disappoint Investors
Data indicated that industrial production edged down by 0.17% in May. So far, the industrial production index has declined in four out of five months this year.
Honeywell Stock since First-Quarter Earnings
Honeywell (HON) is set to announce its Q2 2018 earnings on July 20 before the market opens. Since Q1, the stock has risen 2.4%.
General Electric’s 1Q18 Earnings Beat Estimates
General Electric (GE) released its 1Q18 earnings on April 20. GE’s adjusted earnings per share were $0.16, up 14.0% year-over-year.
Market outlook for Embraer
Forecasts show the civil aerospace market could see a global demand of 27,000 new airliners by 2031. This points to a great market outlook for Embraer.
How was United Technologies’s Otis unit performance in 2014?
The Otis segment is expected to grow steadily in the next year, driven by growth in key regions such as the US and China.
Stanley Black & Decker Had a Stellar Performance
So far, Stanley Black & Decker (SWK) has given investors good returns among its industrial peers. As of June 5, Stanley Black & Decker has risen 20.70%.
General Electric in 3Q16: How Has the Stock Performed So Far?
Industrial conglomerate General Electric (GE) will release its 3Q16 earnings on October 21, 2016. It is currently in a transformation phase, focusing on its core industrial business.
Can Boeing Successfully Cut Costs in 2016?
Boeing is six months ahead of schedule on its 737 MAX production, which means earlier deliveries of the aircraft.
General Electric Stock Traded near Its Ten-Year Low
On December 7, General Electric’s closing price was $7.01. Currently, the stock trades near its ten-year low of $6.66.
Honeywell generated consistent returns for its investors
Honeywell has been in business for about three decades. In the past decade, the company has been able to garner more than 150% returns for its investors.
Will B/E Aerospace Deal Affect Rockwell Collins’s PE multiples?
Among the analysts surveyed by Bloomberg, eight analysts have a “buy” rating and seven have a “hold” rating on Rockwell Collins (COL). There were no “sell” ratings on COL stock.
Costco Rose, Citigroup Upgraded the Stock
The S&P 500 Consumer Staples sector rose 0.15% on December 19. Costco Wholesale (COST) and Altria Group (MO) were the top performers.
UTX Sikorsky segment performance for 4Q14
The Sikorsky segment saw a major win from India’s navy, which placed an order for 16 S-70B Seahawk naval helicopters.
How Boeing Stock Has Delivered ahead of Its 4Q17 Earnings
Boeing (BA), the world’s largest aerospace company, will announce its 4Q17 financial results on January 31, 2018.
Boeing’s growing operating cash and manageable debt levels
Boeing’s operating cash flow for the year was about $9 billion. The operating cash flow was $5 billion for the fourth quarter—up from $1.4 billion in 4Q13.
Will US-China Trade Tussle Hit General Electric Stock in 2018?
General Electric (GE) stock lost 47.3% of its value, implying a market capitalization erosion of ~$130.0 billion in the past year.
Bullish US Manufacturing Data Ease Fears of a Downturn
Bullish manufacturing data released by the ISM eased the concerns about a US economic slowdown. US manufacturing activities improved in March.
UTX’s Otis Elevator Beats Out Competition in China
On September 28, 2016, KONE Corporation stated that it expected its elevator sales in China to fall as much as 10% in 2016. UTX’s stock was essentially unmoved by this revelation.
What Positions Did Bill Ackman Add, Cut, and Dispose of in Q1?
Pershing Square’s top three positions Pershing Square Holdings’ 13F portfolio’s value declined from $6.7 billion to $5.96 billion at the end of the first quarter of 2019. Its number of positions fell from nine to eight. Pershing’s three largest positions at the end of the first quarter were as follows: Chipotle Mexican Grill (CMG) accounted […]
Performance of BA’s business segments in 3Q14
In 3Q14, the revenues for the Boeing Commercial Airplanes segment increased by 15% year-over-year to reach a record $16.11 billion.
OTPP opens new position in Alibaba Group
OTPP added a new position in Alibaba Group Holding (BABA) during the third quarter that ended in September. The position accounted for 0.09% of the fund’s total portfolio.
Honeywell Aerospace’s Recent Developments in Connectivity
In September 2015, Honeywell acquired Aviaso Software, a privately held aviation software company based in Switzerland. Aviaso develops and provides fuel efficiency and emission-saving software to the airline industry.
What Were the Top Holdings of Citadel Advisors in Q3?
In Q3 2019, Citadel Advisors’ portfolio of publicly traded securities was worth $212.04 billion. In Q2 2019, its portfolio was worth $155.1 billion.
Boeing Stock Flies High after Its 4Q16 Earnings Release
Boeing (BA) reported 4Q16 revenue of $23.3 billion, beating analysts’ estimates of $23.2 billion. Its EPS of $2.47 also beat analysts’ estimate of $2.35.
A snapshot of Honeywell’s Aerospace and Transportation segment
Honeywell’s Aerospace segment is a global provider of innovative solutions for regional and business aviation, defense systems, and air and other transportation systems.
Honeywell’s Management Seeks to Reassure Investors
Honeywell (HON) released its 3Q16 earnings on October 21. It provided a business update earlier in the month, but there were a few surprises in the release.
Raytheon’s Intelligence, Information and Services Segment
The Intelligence, Information and Services segment was almost in line with last year. So were the operating income and margins, all of which saw marginal declines.
What Does Boeing’s Current Valuation Indicate?
In the long term, valuation multiples will depend on Boeing’s ability to ramp up production if the 787 reduces its costs and improves its margins.
Can Boeing Afford Its Huge Share Buyback Plan?
On December 12, 2016, Boeing (BA) announced a stock repurchase plan worth ~$14 billion, which represents almost 15% of its outstanding shares.
HEICO Corporation’s Revenue and Income Rose in Fiscal 4Q15
After HEICO’s (HEI) fiscal 4Q15 earnings report, HEI rose by 1.8% to close at $49.61 per share on December 15, 2015.
Boeing Raises Earnings and Cash Flow Guidance for 2017
Revenue In fiscal 2017, Boeing (BA) continues to expect revenue of $90.5 billion–$92.5 billion, which is 3.4% lower than its 2016 revenue of $94.6 billion. Of this revenue, $55.5 billion–$56.5 billion will be contributed by the Commercial Airplanes segment, $20.5 billion–$21.5 billion will be contributed by Defense, Space & Security, and $14.0 billion–$14.5 billion by […]
Analyzing the Performance of Boeing Stock in 2016
In this series, we’ll assess Boeing’s (BA) key indicators for 4Q16. We’ll look at analyst estimates for BA’s 4Q16 performance and assess whether the indicators justify the estimated earnings results.
How Honeywell’s Valuation Compares
As of April 13, 2018, Honeywell’s (HON) one-year forward PE (price-to-earnings) multiple was 18.3x.
What Were United Technologies’ Positive Developments in 2Q16?
United Technologies (UTX) benefitted from trends supporting aftermarket sales in the aerospace (ITA) sector.
Citadel Advisors Raises Position in United Technologies Corporation
United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries worldwide.
How the Boeing 737 Max Crash Could Affect Berkshire Hathaway
Boeing (BA) has been feeling the heat after its 737 Max 8 aircraft crashed on March 10—the second crash in five months.
United Technologies Falls Short with Pratt & Whitney Deliveries
United Technologies (UTX) earlier maintained that Pratt & Whitney was scheduled to deliver 200 geared turbofan (or GTF) engines in 2016.
Helicopter Woes Could Have Hit Lockheed Martin’s Sikorsky Unit in 3Q16
Troubles in the helicopter manufacturing industry are another example of how the downturn in the oil industry has had a domino effect across sectors.
GE Was Worst Performer in the Industrial Sector Last Year
The free fall in GE stock that started in 2017 continued throughout 2018.
How Has Boeing Stock Reacted to Recent Events?
On Monday, December 19, 2016, Boeing (BA) stock rose ~1.1% to $156.11.
Honeywell’s Short Interest the Lowest in 2018: What That Suggests
Honeywell’s short interest has fallen to its lowest level in 2018, indicating the prevailing positive sentiments for the stock.
Honeywell’s 2Q17 Earnings Beat Estimates: Stock Rises
Honeywell (HON) announced its 2Q17 earnings on July 21, 2017, before the market opened. Its EPS came in at $1.80, a 5.9% rise over 2Q16.
Renaissance Technologies sells its shares in General Electric
Renaissance Technologies eliminated a position in General Electric Co. (GE) that accounted for 0.38% of the fund’s 3Q portfolio.
Is 2015 the Year for the 787 Dreamliner?
Boeing expects its marquee 787 Dreamliner project to turn cash positive in 2015, which seems more likely as Boeing took in new orders early in the year.
Inside Boeing’s Commercial Airplane Prospects for the Rest of 2016
Boeing’s Commercial Airplanes segment saw a 6% YoY (year-over-year) decline in revenue to $14.3 billion in 1Q16.
Could General Electric Stock Fall More in 2018?
Goldman Sachs analyst Joe Ritchie maintained a “neutral” rating on General Electric. It appears that 2018 could be a transition year for General Electric.
US Manufacturing PMI Points to Weakening Business Conditions
On July 1, Markit Economics reported the final reading for the June US Manufacturing PMI at 53.6 index points—slightly above the flash reading of 53.4.
Honeywell Adds New Client to the GoDirect Family
Honeywell (HON) announced that it would be providing GoDirect Flight Efficiency Software to International Airlines Group.
How Do Honeywell’s Latest Valuations Compare to Peers?
At present, Honeywell stock is trading at a premium compared to peer United Technologies after HON declared strong 4Q16 and full-year earnings on January 27, 2017.
Wall Street Analysts’ Recommendations For Boeing Stock
Analysts’ views According to Reuters, of the 26 analysts tracking Boeing (BA) stock, seven (26.9%) have recommended “strong buy,” seven (26.9%) have recommended “buy,” and 12 (46.2%) have recommended “hold.” There were no “sell” or “strong sell” recommendations. Analysts’ upgrades Following Boeing’s 3Q17 earnings announcement, two analysts initiated coverage on the stock, while some raised their target prices. Jefferies […]
How General Electric Stock Performed after Its 2Q17 Earnings
On August 14, Berkshire Hathaway divulged the details of its 13F filed for 2Q17. Warren Buffett’s behemoth firm liquidated its holdings in General Electric (GE) during the quarter.
What Honeywell’s Short Interest Indicates
The latest short interest data on December 29, 2017, showed that Honeywell’s’ short interest had fallen marginally since its 3Q17 earnings were announced on October 20, 2017.
What to Expect for Boeing’s Q3 Earnings amid MAX Crisis
Boeing (BA) is set to report its Q3 earnings results on October 23. Reuters-polled analysts foresee more dismal financial results for the company.
Spirit AeroSystems to Halt 737 MAX Deliveries to Boeing
Spirit AeroSystems (SPR) stock fell 1% on December 20. The company announced that it will stop all 737 MAX deliveries to Boeing (BA) starting on January 1.
OTPP adds new position in Grupo Aval
OTPP added a new position in AVAL during the third quarter that ended in September. The position accounted for 0.11% of the fund’s total portfolio.
OTPP establishes new position in United Technologies
OTPP added a new position in United Technologies Corp. (UTX) during the third quarter that ended in September. The position accounted for 0.13% of the fund’s total portfolio.
OTPP opens new position in XPO Logistics
OTPP added a new position in XPO Logistics Inc. (XPO) during the third quarter that ended in September. The position accounted for 0.46% of the fund’s total portfolio.
OTPP adds new position in The Priceline Group
OTPP added a new position in The Priceline Group Inc. (PCLN) during the third quarter that ended in September. The position accounted for 0.50% of the fund’s total portfolio.
Highlights of OTPP’s third quarter 13F filing
OTPP is an independent organization. It invests in pension fund assets. It administers the pensions for 307,000 active and retired teachers in Ontario.
Boeing 797: Which Airlines Want It and Why?
For Boeing, most of 2019 has been about the 737 MAX. It’s curbed the decision about whether to build its 797 model until the 737 MAX crisis is resolved.
Must-know: Where Lockheed Martin earns its revenues
Lockheed Martin earns maximum revenues from the F-35 II joint striker program. The program is part of its Aeronautics segment.
Aeronautics: Lockheed Martin’s highest revenue segment
Lockheed Martin started deliveries on its major F-35 program just three years ago. Lockheed Martin works with almost 1400 suppliers, including companies like Northrop Grumman.
Jeffrey Gundlach Thinks that Donald Trump Would Win
At the recent Sohn Investment Conference, Jeffrey Gundlach of DoubleLine Capital expressed his belief that Donald Trump would win the presidency.
Why Chicago’s manufacturing sector is no more a market concern
The CFNAI indicated a positive comeback after two months of poor manufacturing data, which was impacted by severe weather conditions.
Wellington Management: Analyzing Its Top Holdings
Wellington Management filed its 13F on Wednesday. Based on the filing, the market value of total publicly traded securities was around $443.45 billion.
Why do key purchasing managers’ index readings move markets?
In this series, we’ll focus on the manufacturing PMI issued by three major institutions, measuring manufacturing activity in the U.S.
Jim Cramer Bullish on Honeywell, Weighs In on Spin-Offs
On Friday, Jim Cramer said Honeywell was “a very smart company” for spinning off Garrett Motion (GTX) and Resideo Technology (REZI).
UTX’s Q3 Earnings Exceed Estimates, Outlook Raised
United Technologies (UTX) reported its Q3 earnings today before the market opened. UTX’s revenues of $19.5 billion beat the expectation of $19.39 billion.
Lockheed Beats Q3 Estimates, Falls on 2020 Guidance
Lockheed Martin released its third-quarter earnings results today. The company reported revenue of $15.2 billion in the quarter, a 6% year-over-year rise.
Earnings Preview: Boeing, Caterpillar, 3M, GE, and More
Honeywell kicked off industrials earnings season, beating estimates. With Boeing, Caterpillar, 3M, GE, and more reporting soon, here’s what to expect.
UTX Earnings: Has Wall Street Set the Bar Too Low?
UTX is scheduled to release its third-quarter earnings results on October 22 before the market opens. It’s returned 28.5% year-to-date.
Boeing Gets Major Defense Order amid MAX Crisis
Amid ongoing troubles with its 737 MAX commercial planes, Boeing has received some positive news: $2.9 billion in orders from the US Department of Defense.
Boeing: Thailand Plans Multimillion-Dollar Defense Order
Boeing could receive a multimillion-dollar defense order soon. Thailand’s army announced its plans to purchase eight Boeing attack helicopters, according to a report.
How Much Boeing’s 737 MAX Fiasco Has Cost Investors
The 737 MAX accounted for nearly 70% of Boeing’s overall commercial aircraft deliveries, and 30% of its total operating profit.
Bill Ackman: Top Bets amid Recession Fears
Bill Ackman, CEO of Pershing Square Capital Management, is well known in the hedge fund industry for his various investment strategies.
Boeing Won Another Major Defense Contract in August
Amid the ongoing crisis with Boeing’s (BA) 737 MAX aircraft, the company won another major defense contract in August from the USAF.
Trade War Escalated, Airline Stocks Fell
US airline stocks fell drastically on August 23. The industry seems to be bearing the brunt of the escalating trade war and sluggish economic growth concerns.
Boeing Gets $999 Million Contract to Upgrade A-10 Wings
Yesterday, the US Air Force awarded a $999 million contract to Boeing (BA) to upgrade the wings of its A-10 Thunderbolt II attack aircraft.
Ackman Calls Berkshire Misunderstood, Sees Big Returns
During its latest 13F filings, Bill Ackman’s Pershing Square Holdings revealed its new stake in Warren Buffett’s Berkshire Hathaway.
Ackman Makes Berkshire Bet: What It Means for Investors
According to the regulatory filing from Bill Ackman’s Pershing Square Capital, the fund has taken a new stake in Berkshire Hathaway (BRK.B).
Daniel Loeb’s Third Point Cuts Stake in United Technologies
Daniel Loeb’s Third Point has reduced its stake in United Technologies. As per a regulatory filing, the fund sold 480,000 UTX shares in the second quarter.
Is FedEx Bill Ackman’s Next Investment Target?
FedEx stock gained nearly 3% on August 6 on speculation that Bill Ackman’s Pershing Square had bought a significant stake in the company.
Boeing Wins $55.5 Million KC-46 Modification Contract
Boeing (BA) won a $55.5 million contract for certain modifications in the telescopic boom of the KC-46 Pegasus refueling tanker from the US Air Force.
Pershing Square Exits United Tech and ADP Investments
Through a letter to clients, Bill Ackman’s Pershing Square fund announced that it exited its positions in United Technologies and ADP.
Trade War: Boeing Has a Lot at Stake
Boeing (BA) is stuck in the middle of the escalating trade war between the US and China. Recently, the trade tension intensified.
3M Beats Estimates, Stock Falls: Here’s Why
3M (MMM) stock soared 4.0% on Thursday in pre-market trading after the company exceeded Wall Street’s second-quarter earnings and revenue estimates.
Why 3M Stock Is Soaring despite Its Q2 Profit Dropping
3M (MMM), a diversified technology company, reported its Q2 earnings today before markets opened.
Why Boeing Missed Q2 Earnings Estimates
Boeing (BA) reported dismal second-quarter results with the top and bottom lines both missing Wall Street analysts’ estimates.
How Much Did 737 MAX Fiasco Hurt Boeing’s Q2 Earnings?
Boeing (BA) plans to report its second-quarter 2019 results on July 24.
These Stocks Contributed to Pershing Square’s Stellar Performance
Bill Ackman’s Pershing Square is having a stellar year with YTD gains of 45.3%.
Fresh Trouble: DOJ Subpoenas Boeing about Dreamliner Safety
Boeing has encountered yet another problem. The US Department of Justice has reportedly subpoenaed the airplane maker regarding an ongoing investigation about 787 Dreamliner safety issues.
Why Dan Loeb Is Concerned about the UTX-RTN Deal
Dan Loeb explained his opposition to the United Technologies (UTX) and Raytheon (RTN) merger in a letter to the members of UTX’s board on June 28.
Dan Loeb Joins Bill Ackman, Opposes UTX-RTN Merger
On June 9, United Technologies (UTX) and Raytheon (RTN) agreed to merge their businesses to create a new aerospace and defense powerhouse.
Bill Ackman and Dan Loeb Oppose UTX-RTN Aerospace Merger
UTX has been a key contributor to Pershing’s gains so far this year.