The waste-to-energy operator should benefit from global sustainability initiatives.
With the firm’s turnaround still in early days, we think investors should seek a wider margin of safety before putting new money to work.
We're assessing the impact, but don't expect to change our fair value estimate for the firm.
The firm's joint venture with Green Investment Group should strengthen dividend sustainability.
We remain skeptical that Emerson’s shareholders will benefit from a rich offer, and think that much of the value created from a tie-up will accrue to Rockwell’s shareholders.
We still see long-term potential, but after a dividend cut and planned restructuring, we're cutting our fair value estimate to about $26.
Shares are trading at a level that implies that the portfolio is incapable of returning to meaningful earnings growth--and that doesn't reflect the company's longer term potential.
We think the shares currently offer a significant margin of safety to investors.
Underperformance of the power segment and the proposed suspension of GE Capital dividends could mean the payout is in danger of being cut.
We think the firm's dividend is at risk, and are cutting our fair value estimate.
The retirement announcements of two veterans suggest that CEO John Flannery is aggressively scrutinizing corporate costs, especially those springing from seemingly nebulous, centralized initiatives.
The narrow-moat company is considering strategic alternatives for a collection of upstream businesses representing the best of its energy segment.
We see recent weakness in the firm’s shares as more symptomatic of near-term uncertainty rather than deterioration in GE’s longer-term prospects.
Despite rising payout ratios, we believe a growing backlog and the appointment of a new CEO protect the foundation of GE's dividend.
With a transformational period behind it, it’s now all about execution at the wide-moat company.
With a new CEO putting an emphasis on innovation, we think patient, longer-term investors can benefit.
We're raising our fair value estimate to $180 per share from $167 for the wide-moat firm.
We do not intend to alter our $32 fair value estimate of the wide-moat firm after negative industrial cash flow in the first quarter.
Selling its consumer-focused lighting business is in line with the wide-moat company's recent push to leave consumer focused businesses behind in favor of focusing on a wider frontier of industrial applications.
We think the narrow-moat waste firm will generate healthy amounts of cash flow in the years to come, but the market is pricing in an overly exuberant scenario.
A slow fourth quarter doesn’t diminish our enthusiasm for the firm’s long-term value creation potential.
Although the company closed 2016 with anemic sales, we think shares look fully valued.
Lower corporate taxes and higher infrastructure spending could cause our bull-case scenarios to play out.
The company has the potential to skew its customer mix from lower to higher margin.
Trading at a 30% discount to our fair value estimate, shares of this wide-moat provider of regulated medical waste management offer a compelling margin of safety for longer-term investors.
The oil and gas business remained a significant drag in the third quarter, but we're maintaining our fair value estimate of $30 per share.
The narrow-moat conglomerate's industrial end-market mix remains challenging, and we wouldn’t be surprised to see ongoing volatility in shares over the near term.
Despite weakness in its business jet and helicopter markets, increased focus on emerging-market opportunities and connected enterprise and energy efficiency solutions should boost the sales and earnings growth profile of this wide-moat manufacturer.
The acquisition of Arcam and SLM Solutions expands the wide-moat company's 3-D printer capabilities and will turn the firm into one of the largest industrial users of metals-based 3-D printing.
Sales momentum is positive and strong free cash flow continues at the wide-moat firm.
Its latest results show resilience in the face of macroeconomic volatility.
We believe the market is discounting the long-term potential of wide-moat United Technologies' strongest businesses, says Morningstar's Barbara Noverini.
The sale of the helicopter business has cleared the company for takeoff.
Despite headwinds from energy and China, this wide-moat industrial firm's competitive advantages will protect healthy returns on invested capital over the long run.
Valuations look more attractive now as the market reacts to persistent near-term headwinds affecting several industrial subsectors.
Alstom deal adds exposure to high-growth emerging markets.
Macroeconomic headwinds have weighed on the wide-moat firm's shares, but world-class R&D, economies of scale, and other advantages point to a bright future.
Slow global growth can ding sales, but we still like the firm's long-term prospects.
First-quarter results from the industrial giant show strong execution in the operating segments that represent the foundation of GE's wide economic moat.
Shareholders will be rewarded with higher quality earnings going forward as GE takes the next step in transforming the company, writes Morningstar’s Barbara Noverini.
Oil and gas weakness is offset by the rest of the portfolio in the fourth quarter.
The firm's diversified industrial portfolio delivered a solid quarter of growth as ongoing momentum in several U.S. end markets more than offset weakness in energy.
The firm has done a great job of focusing its portfolio back on its industrial strengths, says Morningstar analyst Barbara Noverini.
With GE's wide moat resting squarely in its industrial business, we're pleased to see the firm move toward its long-term goal of increasing its industrial earnings contribution.
We believe that even as a REIT, the company's narrow economic moat remains in storage.
Although currently overvalued, this company has a long runway for growth and is an ideal name for investors' radars.
Republic Services' Ed Lang speaks to Morningstar's Barb Noverini.
US Ecology's Jeff Feeler speaks to Morningstar's Barb Noverini.
The moats can be found in landfills.