United Technologies Corp
Most Recent
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.
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 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.
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.
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.
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.
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.
Industrials 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%.
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.
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.
Bill Ackman and Dan Loeb Oppose UTX-RTN Aerospace Merger
UTX has been a key contributor to Pershing’s gains so far this year.
Why UTX-RTN Merger Obstacles May Not End Anytime Soon
On June 9, United Technologies (UTX) and Raytheon Company (RTN) agreed to merge their businesses to create a new aerospace and defense powerhouse.
UTX-RTN Merger May Face Hurdle in Getting Anti-Trust Approval
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.
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 […]
What to Expect from General Electric’s Q1 Earnings
General Electric (GE) is scheduled to report its first-quarter earnings results on April 30. Analysts expect the company’s EPS to fall YoY.
Boeing Has Lost $27 Billion in Market Value since Ethiopian Crash
Before the Ethiopian Airlines crash on March 10, Boeing (BA) stock had been rallying since the beginning of this year.
Bill Ackman Thanks Warren Buffett for His Fund’s Comeback in 2019
Bill Ackman has made a huge comeback in 2019.
Boeing Has Lost ~$17 Billion in Market Value since Ethiopia Crash
Before the Ethiopia crash on March 10, Boeing (BA) stock was riding high on growing optimism about its revenues and cash flow growth.
Boeing Gains on US-China Trade Optimism and 737 Max Software Fix
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.
Wall Street Sees Over 20% Upside Potential in GE
General Electric (GE) has received a consensus “buy” recommendation from analysts polled by Reuters.
Why GE Rose 3% Yesterday despite Its Weak 2019 EPS Outlook
GE has issued a weak 2019 earnings outlook and forecast a negative industrial free cash flow this year due to its ailing power business.
Boeing Faces Worldwide Grounding of its 737 MAX Planes
The United States and Canada are the latest countries to ban Boeing’s (BA) 737 MAX planes from flying in their air space.
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.
Airplane Part Suppliers Feel the Pinch of Boeing’s 737 Max Crash
The Boeing Company isn’t the only stock that’s feeling the pinch of the March 10 Ethiopian Airlines crash.
Boeing: Dow’s Best Performer in 2019
So far, Boeing (BA) shares have gained solid momentum in 2019. The stock has risen 33.4% in 2019.
Boeing Acquires Aviation Software Startup ForeFlight
On March 6, Boeing (BA) announced that it completed the acquisition of ForeFlight. Boeing didn’t disclose the financial terms of the deal.
Honeywell Launches New Online Store
In a press release today, Honeywell (HON) announced the launch of its online store, Honeywell Marketplace.
Morgan Stanley Sees More Upside in Boeing’s Share Price
On February 28, Rajeev Lalwani of Morgan Stanley (MS) reiterated his “overweight” rating and raised the target price on Boeing stock to $500.
Boeing Gets an $18.6 Billion 777X Order from British Airways
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.
Why Dan Loeb Is Hopeful about Nestlé and United Technologies
Third Point first took a position in Nestle (NSRGY) during the second quarter of 2017.
Honeywell’s Stock Performance since the Beginning of 2019
Since the beginning of 2019, Honeywell (HON) stock has remained positive. On a year-to-date basis, Honeywell has gained 17.0%.
Boeing Rides High on Growing Optimism, Stock Hits a New High
The Boeing Company stock has hit new highs week after week since it reported its impressive fourth-quarter earnings results on January 30.
Boeing Wins $43 Million Navy Contract to Build Super Submarines
Last week, the Boeing Company (BA) announced winning a $43 million contract from the US Navy to build four large unmanned submarines.
Dan Loeb Exited These Positions in the Fourth Quarter
Dan Loeb bought a substantial position in United Technologies in the fourth quarter of 2017.
JPMorgan Chase Sees More Upside in Boeing’s Share Price
On February 11, Seth Seifman of JPMorgan Chase (JPM) reiterated his “overweight” rating and raised the target price on the stock.
Boeing to Get a Boost from KC-46 Air Tanker Approval
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.
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.
GE Transportation-Wabtec Deal to Close on February 25
The pending merger of General Electric’s (GE) Transportation business unit with Wabtec is finally set to complete on February 25.
Honeywell’s Q4 Revenues Could Decline
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.
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.
Aviation Segment to Drive General Electric’s Q4 Revenue
General Electric’s (GE) Aviation segment is expected to be the main driver of the company’s fourth-quarter revenue.
GE Soars 4% after Wabtec Deal Gets More Lucrative
General Electric (GE) stock gained over 4% last Friday after the company announced that the GE Transportation-Wabtec merger deal had been revised.
Honeywell to Help Tobacco Companies Comply with EU Directive
So far in 2019, Honeywell stock has gained 6.9%.
Dimon: This Could ‘Cause a Slowdown or a Recession’
This morning, the broader market began trading on a slightly positive note, primarily driven by upbeat earnings reports.
GE Stock Fell 4% on Uncertainty about Airline Leasing Unit Sale
General Electric (GE) fell ~4.4% yesterday after market experts questioned how much the company could make from selling its airline-leasing unit.
Honeywell Partners with Theatro to Develop SaaS Solutions
On January 14, Honeywell (HON) announced that it has entered into a partnership with Theatro.
GE Transportation-Wabtec Merger Gets Another Step Closer
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.
Honeywell to Collaborate with Optoro on Reverse Logistics
On January 10, 2019, Honeywell (HON) announced that it plans to collaborate with Optoro.
General Electric Gains, Apollo Considers a Bid for GECAS Assets
Apollo Global Management is working on an offer to bid for General Electric’s aircraft leasing operations.
Honeywell Bags Contract to Modernize Kunsan Air Base
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.
Is It the Right Time to Invest in GE Stock at Current Multiples?
Last year’s ~57% plunge in General Electric (GE) stock has made its valuation attractive in the industrial sector.
Aviation Segment to Drive GE’s Revenues in 2019
The Aviation division has been General Electric’s (GE) best-performing business unit in recent quarters.
Will Restructuring Initiatives Bring GE Back to Growth Trajectory?
General Electric’s (GE) Power, Transportation, and Lighting divisions have been struggling for years.
How Boeing Stock Has Fared in 2018
Boeing (BA) stock started 2018 on a positive note and carried this momentum forward up to November 7, with a return of ~26%.
GE to Separate Digital Assets, Build an Independent Company
On December 13, General Electric (GE) announced that it will spin off its digital assets and build an independent company.
Honeywell’s UOP Business Gets New Order from Cogent Midstream
In a press release on December 12, Honeywell (HON) said that it would supply a gas processing plant to Cogent Midstream.
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.
Aviation Unit Could Help GE Return to a Growth Trajectory
The Aviation segment has been General Electric’s (GE) best-performing business unit in recent quarters.
General Electric’s Transportation Business Has Been Sluggish
General Electric’s (GE) Transportation segment manufactures trains, marine diesel engines, and mining equipment.
GE’s Lighting and Transportation Businesses Struggle
Apart from the power business, General Electric’s (GE) Transportation and Legacy segment’s lighting division has also struggled for 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.
General Electric Stock Is at a Nine-Year Low on Debt Concerns
General Electric’s (GE) stock price keeps falling. The stock fell nearly 2% on November 16, its 11th loss in the previous 13 sessions.
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.
Aviation Segment to Fuel GE’s Growth in the Quarters Ahead
The Aviation segment has been one of General Electric’s (GE) best-performing units in recent quarters.
Honeywell Completed the Transnorm Acquisition
In a press release on November 9, Honeywell (HON) announced that it completed the acquisition of German-based Transnorm.
GE to Sell LED Business as Part of Restructuring Plan
Yesterday, General Electric announced it agreed to sell its Current lighting division to private equity firm American Industrial Partners.
Honeywell’s Safety and Productivity Segment’s Net Income Margin
Honeywell International’s (HON) SPS (Safety and Productivity Solutions) segment is the smallest but fastest-growing segment.
3M’s Unfunded Pension Funds: Analyzing the Trend
3M offers pension and post-retirement benefit plans to its employees. The company has more than 75 defined benefit plans in 27 countries.
Seven-Eleven and Honeywell’s Solstice N40 Refrigerants
On October 1, Honeywell (HON) announced that Seven-Eleven will adopt the company’s next-generation Solstice N40 refrigerants.
Resideo Stock: Honeywell Announced the Spin-Off Dividend
On October 2, Honeywell (HON) announced that its board declared Resideo Technologies’ pro-rata dividend, which is effective on October 29.
Honeywell Acquires Transnorm, Completes Garrett Motion Spin-Off
On October 1, Honeywell (HON) announced in a press release that it had entered into an agreement to acquire Transnorm.
Alfa Laval Packinox Joined Honeywell’s Connected Plant Program
On September 18, Honeywell announced that Alfa Laval Packinox joined Honeywell’s connected plant. Alfa Laval specializes in heat transfer.
How Analysts View Boeing after Its August Order Boom
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 Announced the Date for Its Q3 2018 Earnings
Honeywell continued its upward trend, gained ~1.4%, and closed at $165.11 for the week ending September 14.
How General Electric’s Dividend Yield Stacks Up with Peers
General Electric (GE) was famous for its sustained dividend payments and dividend increases.
What Investors Should Know about GE’s Q3 Dividend
On September 7, US industrial conglomerate General Electric (GE) declared a quarterly cash dividend of $0.12 per share on its outstanding common stock.
Honeywell’s Garrett Motion’s Growth Driver Highlights
Garrett Motion expects to start regular trading October 1 on the NYSE under the symbol “GTX.”
What Does the Stockpile of 737s Mean for Boeing Investors?
According to Boeing’s latest guidance, it expects to deliver 810–815 commercial aircraft in 2018.