135.98 0.00 (0.00%)
After hours: 5:02PM EDT
|Bid||134.55 x 800|
|Ask||135.98 x 1000|
|Day's Range||135.40 - 136.47|
|52 Week Range||109.10 - 139.24|
|PE Ratio (TTM)||21.41|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||2.80 (2.08%)|
|1y Target Est||152.12|
United Technologies Corp. “does not have a digital strategy,” said CEO Greg Hayes in 2016. It’s buying Predikto, which makes predictive-analytics software that can help companies better understand what causes machinery breakdowns and prevent them. United Technologies didn’t disclose the price, which suggests this isn’t a large outlay — but strategically, the implications are significant. At the time, General Electric Co. was aggressively touting its Predix platform as a vehicle for it to become the software provider of choice for industrial companies.
Last week, General Electric Company (NYSE:GE) hit a terrible milestone. The market value on General Electric stock is now at $107 billion. Keep in mind that GE stock has dropped a grueling 48% during the past year.
Predikto CEO Mario Montag said the company will partner with the United Technologies Digital accelerator in Brooklyn, as well as each of UTC’s business units.
The unique differentiator with Predikto is the technology platform – it is able to take hundreds of disparate industrial asset data-sets and automate up to 80 percent of the analytics process to quickly deliver actionable insights for taking pre-emptive steps to avoid issues, thereby increasing asset uptime. "Data is the lifeblood of any digital strategy and actionable data is the way forward as we deliver real customer value," said Vince Campisi, Chief Digital Officer, United Technologies.
has agreed to acquire analytics firm Predikto Inc. as the conglomerate seeks to better anticipate when jet engines and other industrial machinery might fail. Predikto, based in Atlanta, sells a software platform that automates much of the work involved in predicting industrial equipment failure, including complex data integration and algorithm development. UTC declined to disclose the price of the deal.
United Technologies' (UTX) business arm, EcoEnergy Insights, to make American West Restaurant Group's Pizza Hut restaurants more energy efficient with its IoT-based solutions.
LOS ANGELES, Aug. 17, 2018 /PRNewswire/ -- The third largest Pizza Hut franchisee in the country, the American West Restaurant Group (AWRG), is on track to achieve a significant slice of energy savings thanks to an innovative IoT approach to energy management. EcoEnergy Insights developed a customized program for hundreds of AWRG's restaurants in California and Utah that integrates buildings across borders, exceeding expectations and allowing AWRG to save money and help the environment. This achievement comes as AWRG marks a major milestone – their 10th anniversary of operations.
Bill Ackman, the investor heading up Pershing Square, appears to have had a strong Q2 this year, according to a recent 13F report. The billionaire's 13F portfolio value increased by about 20% for the three-month period ending on June 30th, up to about $5.8 billion. In the process, Ackman increased his position in United Technologies Corp. ( UTX) and entered a new stake in Lowe's Companies Inc. ( LOW).
Bill Ackman's Pershing Square Capital Management said in a Tuesday filing with the Securities and Exchange Commission that it has cut its position in Automatic Data Processing Inc. (adp) to 4.2 million shares at the end of June from 8.8 million shares at the end of March. Ackman had built up a stake in ADP as a part of his failed proxy battle, where he attempted to secure three seats on the board. Pershing has built a position in United Technologies Corp. (utx) of 4.5 million shares at the end of June.
United Technologies (UTX) prices senior notes worth $11 billion. It intends to use the net proceeds in lowering debt balance, funding general corporate purposes and merger terms.
SÃO PAULO, Brazil, Aug. 14, 2018-- Pratt & Whitney Canada, a subsidiary of United Technologies Corp., announced today at LABACE 2018 that it has appointed its third Designated Maintenance Facility in Brazil, ...
FARMINGTON, Conn. , Aug. 13, 2018 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) announced that it has successfully priced an offering of $1.0 billion aggregate principal amount of 3.350% senior ...
Moody's Investors Service ("Moody's") assigned Baa1 ratings to the new senior unsecured notes that United Technologies Corporation ("United Technologies") plans to issue. United Technologies' Baa1 senior unsecured rating reflects the heightened financial risk stemming from the considerable increase in leverage as a result of the partially debt-funded acquisition of Rockwell Collins.
(Note:The author of this fundamental analysis is a financial writer and portfolio manager.) Industrial stocks have had a terrible 2018 with trade-war concerns, causing investors to turn their focus to the high-flying technology stocks.
Moody's Investors Service ("Moody's") downgraded the long-term ratings of United Technologies Corporation ("United Technologies"), including the senior unsecured rating to Baa1 from ...
and ADP helped Bill Ackman post his best first-half performance in four years. , his publicly traded fund, is up 12.7 per cent so far this year, prompting Mr Ackman to declare the fund is “back on track,” in the fund’s half-year financial report. Pershing Square has suffered through three abysmal years, during which it fell as much as 20.5 per cent.
Boeing warned that supply-chain issues will hit Q3 deliveries, offering a reminder of the risks the aerospace giant and rival Airbus face as they look to boost production rates.
- UTC Aerospace Systems selects Thermal Protections Systems, a division of Vehicle Technical Consultants (VTC), as a new parts distributor and authorized warranty service provider for Kidde Technologies ...
The Zacks Analyst Blog Highlights: Comcast, United Technologies, Biogen, Mondelez and Valero
In this updated daily bar chart of UTX, below, we can see that prices are poised to retest the January/February highs. The daily On-Balance-Volume (OBV) line has been rising from an early May low. While the OBV line has not made a new high it is moving in the right direction.