Industrial Stocks Rise Amid Uneven Earnings

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Shares of industrial and transportation companies ticked up amid a mix of earnings results. Tractor maker Deere raised its fiscal-year outlook, citing recovering demand in construction and small agriculture markets. However, Airbus said it would deliver fewer aircraft than expected this year due to significant shortages of Pratt & Whitney engines, a rare rebuke of a major supplier. Shares of Airbus plunged, while those of Pratt & Whitney owner RTX fell slightly but remain sharply higher over the past 12 months. Shares of Airbus rival Boeing also declined, as investors feared the engine issue could foreshadow further supply chain troubles.

Why it matters

The mixed earnings and production outlook from major industrial players like Deere and Airbus provide insight into the state of the broader manufacturing and transportation sectors, which are key drivers of economic growth. The supply chain challenges faced by Airbus also highlight the ongoing disruptions that many companies continue to navigate.

The details

Deere, the tractor and combine maker, raised its fiscal-year outlook and said demand in the construction and small agriculture markets was recovering. However, Airbus said it would deliver fewer aircraft than expected this year because of significant shortages of Pratt & Whitney engines, a highly unusual rebuke of a major supplier. Shares of Pratt & Whitney owner RTX, formerly known as Raytheon, ticked down, but remain sharply higher for the last 12 months. Shares of Airbus rival Boeing fell, amid fears that the latest supply-chain hitch foreshadowed further troubles in that area for Boeing.

• Deere raised its fiscal-year outlook on February 19, 2026.