United Technologies Corp

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.

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.

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.

Wellington Management filed its 13F on Wednesday. Based on the filing, the market value of total publicly traded securities was around $443.45 billion.

On Friday, Jim Cramer said Honeywell was “a very smart company” for spinning off Garrett Motion (GTX) and Resideo Technology (REZI).

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 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.

Honeywell kicked off industrials earnings season, beating estimates. With Boeing, Caterpillar, 3M, GE, and more reporting soon, here’s what to expect.

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 (BA) is set to report its Q3 earnings results on October 23. Reuters-polled analysts foresee more dismal financial results for the company.

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 could receive a multimillion-dollar defense order soon. Thailand’s army announced its plans to purchase eight Boeing attack helicopters, according to a report.

The 737 MAX accounted for nearly 70% of Boeing’s overall commercial aircraft deliveries, and 30% of its total operating profit.

Bill Ackman, CEO of Pershing Square Capital Management, is well known in the hedge fund industry for his various investment strategies.

Amid the ongoing crisis with Boeing’s (BA) 737 MAX aircraft, the company won another major defense contract in August from the USAF.

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.

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.

During its latest 13F filings, Bill Ackman’s Pershing Square Holdings revealed its new stake in Warren Buffett’s Berkshire Hathaway.

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 has reduced its stake in United Technologies. As per a regulatory filing, the fund sold 480,000 UTX shares in the second quarter.

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 (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.

Through a letter to clients, Bill Ackman’s Pershing Square fund announced that it exited its positions in United Technologies and ADP.

Boeing (BA) is stuck in the middle of the escalating trade war between the US and China. Recently, the trade tension intensified.

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.

3M (MMM), a diversified technology company, reported its Q2 earnings today before markets opened.

Boeing (BA) reported dismal second-quarter results with the top and bottom lines both missing Wall Street analysts’ estimates.

Boeing (BA) plans to report its second-quarter 2019 results on July 24.

Bill Ackman’s Pershing Square is having a stellar year with YTD gains of 45.3%.

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.

On June 9, United Technologies (UTX) and Raytheon (RTN) agreed to merge their businesses to create a new aerospace and defense powerhouse.

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.

UTX has been a key contributor to Pershing’s gains so far this year.

On June 9, United Technologies (UTX) and Raytheon Company (RTN) agreed to merge their businesses to create a new aerospace and defense powerhouse.

It likely won’t be easy for United Technologies and Raytheon to merge their businesses, as President Trump and the Pentagon are concerned about reduced competition.

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 […]

General Electric (GE) is scheduled to report its first-quarter earnings results on April 30. Analysts expect the company’s EPS to fall YoY.

Before the Ethiopian Airlines crash on March 10, Boeing (BA) stock had been rallying since the beginning of this year.

Bill Ackman has made a huge comeback in 2019.

Before the Ethiopia crash on March 10, Boeing (BA) stock was riding high on growing optimism about its revenues and cash flow growth.

On April 4, Boeing gained ~3% on growing optimism about a US-China trade deal, which investors believe would bring massive orders for its 737 Max commercial jets.

General Electric (GE) has received a consensus “buy” recommendation from analysts polled by Reuters.

Bullish manufacturing data released by the ISM eased the concerns about a US economic slowdown. US manufacturing activities improved in March.

GE has issued a weak 2019 earnings outlook and forecast a negative industrial free cash flow this year due to its ailing power business.

The United States and Canada are the latest countries to ban Boeing’s (BA) 737 MAX planes from flying in their air space.

Boeing (BA) has been feeling the heat after its 737 Max 8 aircraft crashed on March 10—the second crash in five months.

The Boeing Company isn’t the only stock that’s feeling the pinch of the March 10 Ethiopian Airlines crash.

So far, Boeing (BA) shares have gained solid momentum in 2019. The stock has risen 33.4% in 2019.

On March 6, Boeing (BA) announced that it completed the acquisition of ForeFlight. Boeing didn’t disclose the financial terms of the deal.

In a press release today, Honeywell (HON) announced the launch of its online store, Honeywell Marketplace.

On February 28, Rajeev Lalwani of Morgan Stanley (MS) reiterated his “overweight” rating and raised the target price on Boeing stock to $500.

Boeing (BA) announced yesterday that International Airlines Group, the parent company of London-based British Airways, has committed to purchase 42 next-generation 777X jets.

Third Point first took a position in Nestle (NSRGY) during the second quarter of 2017.

Since the beginning of 2019, Honeywell (HON) stock has remained positive. On a year-to-date basis, Honeywell has gained 17.0%.

The Boeing Company stock has hit new highs week after week since it reported its impressive fourth-quarter earnings results on January 30.

Last week, the Boeing Company (BA) announced winning a $43 million contract from the US Navy to build four large unmanned submarines.

Dan Loeb bought a substantial position in United Technologies in the fourth quarter of 2017.

On February 11, Seth Seifman of JPMorgan Chase (JPM) reiterated his “overweight” rating and raised the target price on the stock.

On February 10, Boeing (BA) announced that it finally got the U.S. Air Force’s (or USAF) approval for the first delivery of its long-delayed KC-46 Pegasus tanker aircraft.

Today, Honeywell (HON) declared a regular cash dividend for the first quarter of 2019.

The pending merger of General Electric’s (GE) Transportation business unit with Wabtec is finally set to complete on February 25.

Analysts expect Honeywell to report revenues of $9.70 billion in the fourth quarter—a decline of 10.5% compared to the fourth quarter of 2017.

Honeywell (HON) is scheduled to announce its fourth-quarter earnings on February 1 before the market opens.

General Electric’s (GE) Aviation segment is expected to be the main driver of the company’s fourth-quarter revenue.

General Electric (GE) stock gained over 4% last Friday after the company announced that the GE Transportation-Wabtec merger deal had been revised.

So far in 2019, Honeywell stock has gained 6.9%.

This morning, the broader market began trading on a slightly positive note, primarily driven by upbeat earnings reports.

General Electric (GE) fell ~4.4% yesterday after market experts questioned how much the company could make from selling its airline-leasing unit.

On January 14, Honeywell (HON) announced that it has entered into a partnership with Theatro.

General Electric’s Transportation unit and Wabtec got another step closer toward their proposed $11.1 billion merger with approval from the US Department of Justice.

On January 10, 2019, Honeywell (HON) announced that it plans to collaborate with Optoro.

Apollo Global Management is working on an offer to bid for General Electric’s aircraft leasing operations.

On January 3, Honeywell (HON) announced that it had bagged a project to modernize the Kunsan Air Base, a US Air Force base in South Korea.

Last year’s ~57% plunge in General Electric (GE) stock has made its valuation attractive in the industrial sector.

The Aviation division has been General Electric’s (GE) best-performing business unit in recent quarters.

General Electric’s (GE) Power, Transportation, and Lighting divisions have been struggling for years.

The free fall in GE stock that started in 2017 continued throughout 2018.

Boeing (BA) stock started 2018 on a positive note and carried this momentum forward up to November 7, with a return of ~26%.

On December 13, General Electric (GE) announced that it will spin off its digital assets and build an independent company.

In a press release on December 12, Honeywell (HON) said that it would supply a gas processing plant to Cogent Midstream.

On December 10, 2018, Honeywell (HON) announced that it would deploy its GoDirect ground solution to Swissport International for five years.

The Aviation segment has been General Electric’s (GE) best-performing business unit in recent quarters.

General Electric’s (GE) Transportation segment manufactures trains, marine diesel engines, and mining equipment.

Apart from the power business, General Electric’s (GE) Transportation and Legacy segment’s lighting division has also struggled for years.

On December 7, General Electric’s closing price was $7.01. Currently, the stock trades near its ten-year low of $6.66.

On November 30, Honeywell (HON) announced that it will relocate its global corporate headquarters to Charlotte, North Carolina.

General Electric’s (GE) stock price keeps falling. The stock fell nearly 2% on November 16, its 11th loss in the previous 13 sessions.

In a press release on November 15, Honeywell (HON) said that William Yu will be the president of Honeywell China.

The Aviation segment has been one of General Electric’s (GE) best-performing units in recent quarters.

In a press release on November 9, Honeywell (HON) announced that it completed the acquisition of German-based Transnorm.

Yesterday, General Electric announced it agreed to sell its Current lighting division to private equity firm American Industrial Partners.

Honeywell International’s (HON) SPS (Safety and Productivity Solutions) segment is the smallest but fastest-growing segment.

3M offers pension and post-retirement benefit plans to its employees. The company has more than 75 defined benefit plans in 27 countries.

On October 1, Honeywell (HON) announced that Seven-Eleven will adopt the company’s next-generation Solstice N40 refrigerants.

On October 2, Honeywell (HON) announced that its board declared Resideo Technologies’ pro-rata dividend, which is effective on October 29.

On October 1, Honeywell (HON) announced in a press release that it had entered into an agreement to acquire Transnorm.

On September 18, Honeywell announced that Alfa Laval Packinox joined Honeywell’s connected plant. Alfa Laval specializes in heat transfer.

Boeing’s consensus-12-month target price is $412.6, which indicates a 15.9% return potential as of the September 17 closing of $356.

Honeywell continued its upward trend, gained ~1.4%, and closed at $165.11 for the week ending September 14.

General Electric (GE) stock lost 47.3% of its value, implying a market capitalization erosion of ~$130.0 billion in the past year.