UTX - United Technologies Corporation
| Previous Close | 137.53 |
| Open | 137.60 |
| Bid | 135.91 x 800 |
| Ask | 135.99 x 800 |
| Day's Range | 135.56 - 138.46 |
| 52 Week Range | 100.48 - 144.40 |
| Volume | 3,624,167 |
| Avg. Volume | 2,986,065 |
| Market Cap | 116.974B |
| Beta (3Y Monthly) | 1.32 |
| PE Ratio (TTM) | 22.09 |
| EPS (TTM) | 6.14 |
| Earnings Date | Oct 21, 2019 - Oct 25, 2019 |
| Forward Dividend & Yield | 2.94 (2.14%) |
| Ex-Dividend Date | 2019-08-15 |
| 1y Target Est | 154.07 |
- Zacks
General Electric's (GE) Unit Rolls Out DeltaVision OMX Flex
General Electric's (GE) latest microscope DeltaVision OMX Flex is capable of capturing cell division details with high precision and contrast.
- Reuters
CORRECTED-UTC technology chief Eremenko steps down
The chief technology officer of United Technologies Corp, Paul Eremenko, has stepped down, just under two years after moving to the U.S. conglomerate from Europe's Airbus. The company confirmed the move in response to a query from Reuters after a person familiar with the matter said Eremenko was leaving UTC, the world's largest aerospace supplier and owner of jet engine maker Pratt & Whitney. "Paul Eremenko has informed us of his intention to pursue opportunities outside the company," said UTC spokeswoman Michele Quintaglie.
- Zacks
Danaher's Subsidiary Envista Prices IPO, to Trade as NVST
Danaher's (DHR) subsidiary, Envista, goes public with an initial offering of roughly 26.8 million shares.
- Zacks
Honeywell Process Reliability Advisor Chosen by Fujian Meide
Honeywell's (HON) Process Reliability Advisor will deliver Fujian Meide Petrochemical with crucial operational data of its plant that would enable it to run the plant efficiently.
- Investor's Business Daily
GE, Engine Rivals Eye Contest To Extend This Cold War Icon's Life
General Electric, United Technologies and Rolls-Royce will compete to put new engines on the venerable Boeing B-52 bomber.
- Barrons.com
Raytheon Stock Is a Puzzle Wall Street Can’t Solve. That Might Be Good News.
Raytheon stock was downgraded at Sanford Bernstein a day after getting upgraded at J.P. Morgan. Blame it on “deal limbo.”
- PR Newswire
Collins Aerospace's SelfPass™ biometric solution to streamline the boarding process at all Las Vegas international gates
ANNAPOLIS, Md., Sept. 17, 2019 /PRNewswire/ -- Passengers traveling through Las Vegas' McCarran Airport can look forward to a new streamlined journey with Collins Aerospace Systems' SelfPass™ biometric solution. The solution, which is set to be installed at all of McCarran's international gates, will be available for demonstration at the Annual Airports Council International-North America conference this week in Tampa, Florida. Collins Aerospace is a unit of United Technologies Corp. (UTX).
- Zacks
United Technologies (UTX) Gains As Market Dips: What You Should Know
United Technologies (UTX) closed the most recent trading day at $138.08, moving +0.01% from the previous trading session.
- GuruFocus.com
4 Aerospace and Defense Companies to Consider Following Saudi Oil Attack
Stocks have outperformed the S&P; 500 over the past 6 months Continue reading...
- InvestorPlace
Can General Electric Stock Stay Above Vital Support?
Shares of General Electric (NYSE:GE) had enjoyed a strong 2019. The stock bottomed out in December just below $6.50, before General Electric stock rallied more than 75% to $11.27 in February.Source: Carsten Reisinger / Shutterstock.com Since then though, GE stock has been consolidating in a mostly sideways pattern. However, that sideways pattern is starting to develop into a rather negative look. That's even as General Electric stock has remained well-above its December lows. * 7 Tech Stocks You Should Avoid Now It has got investors wondering if there's been a "change in tune" with GE stock and if the sideways action will result in dead money -- or worse, losses -- rather than resolve higher. Before diving into the company, let's look at the technicals.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Trading General Electric StockWe have been covering General Electric stock here on InvestorPlace for quite some time. It's no wonder, given its former place among America's blue-chip companies. That's no longer the case, even among its own industry. Names like Honeywell (NYSE:HON), 3M (NYSE:MMM) and United Technologies (NYSE:UTX) are all considered superior entities.In any regard, we kept such a close eye on GE stock because of its tight trading range. Specifically, we continued to highlight range support at $9 and range resistance near $10.50. The latter elevated itself to around $10.70 in June and July, but we've seen a drastic shift in sentiment since. Click to EnlargeInterestingly enough, those range levels have now doubled in significance, as it highlights two key Fibonacci retracements. The 38.2% retracement sits up at $10.60, while the 61.8% rests at $8.99.The question now is, can GE stock reclaim former range support and the 61.8% near $9?Last month, General Electric stock traded down to support and gapped below it, plunging to $7.65. On the subsequent retest though, this former support level acted as resistance, as GE again pulled back to sub-$8 levels. That's where the "change in tune" reference comes in.Now just under $9 again, bulls need to make a strong showing. If General Electric stock can reclaim the $9 level, it puts the 200-day moving average at $9.25 and the 50-day moving average at about $9.50 on the table.GE stock will need to reclaim those two key moving averages in order to get back to range resistance near $10.60.If $9 acts as resistance, August support at $8 is a possibility. Below that and the August lows, and sub-$7 is on the table. Key Analyst Will Move GE StockA key catalyst for General Electric stock has been JPMorgan analyst Stephen Tusa.Tusa upgraded GE from underweight to neutral in December, sparking an enormous rally. To be clear, he wasn't bullish, just less bearish given that the stock had gone from $30 to $7 in a relatively short period of time.Throughout the past few quarters -- through earnings and investor presentations -- Tusa has been critical of the company and of management's outlook. He has since gone back to his underweight rating. About a month ago, he wrote that the company's fundamentals "continue to look negative."He still maintains an underweight rating and $5 price target on the stock, implying more than 45% downside. GE Stock GrowthFor the most recent quarter, General Electric stock beat on earnings and revenue expectations. It also provided better-than-expected guidance. But not everything was perfect in the quarter.For one, GE warned about headaches stemming from the grounding of Boeing's (NYSE:BA) 737 MAX planes. Specifically, GE's cash flow could take a $1.4 billion hit if the planes remain grounded all year. It could also impact guidance.Growth is far from robust, too. Analysts expect revenue to decline almost 4% year-over-year in 2019. In 2020, estimates call for just a 70 basis point advance. The plus side is that revenue would be done going down in this scenario, but disappointing in that it's still sub-1%.GE is still a few years away from returning to any type of impressive growth for investors. In the meantime, it needs to focus on strengthening its balance sheet and improving its free cash flow. If it can attack the latter, investors -- and Tusa -- will take notice.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post Can General Electric Stock Stay Above Vital Support? appeared first on InvestorPlace.
- American City Business Journals
Carrier names CFO to prepare for spinoff
Palm Beach Gardens-based Carrier named Timothy McLevish as its CFO, effective Oct. 1. “We are tremendously excited to welcome Tim to the Carrier team,” said Carrier President and CEO Dave Gitlin. “He brings world-class financial experience, having served as a public company CFO at Walgreens Boots Alliance, Kraft, Ingersoll-Rand and Mead Corp. We are deeply confident that he will help Carrier achieve our financial goals and position us to deliver strong value and growth for our shareholders.” In 2018, Farmington, Connecticut-based United Technologies (NYSE: UTX) announced that it would split into three separate entities.
- Barrons.com
Raytheon Stock Is Rising After J.P. Morgan Praised the Pending United Technologies Merger
Raytheon stock was rising on Monday, following an upgrade from J.P. Morgan, which argues that the shares look cheap, especially considering the benefits of its coming combination with United Technologies.
- PR Newswire
Otis Appoints Rahul Ghai Chief Financial Officer
FARMINGTON, Conn., Sept. 16, 2019 /PRNewswire/ -- Otis Elevator Co. announces the appointment of Rahul Ghai as Chief Financial Officer, reporting directly to Otis President & CEO, Judy Marks. Otis is a unit of United Technologies Corp. (UTX). "Rahul has joined us at a pivotal time as we prepare to drive growth and shareowner value as a stand-alone company," said Otis President & CEO, Judy Marks.
- GuruFocus.com
United Technologies Corp (UTX) EVP & Chief HR Officer Elizabeth B Amato Sold $564,221 of Shares
EVP & Chief HR Officer of United Technologies Corp (30-Year Financial, Insider Trades) Elizabeth B Amato (insider trades) sold 4,113 shares of UTX on 09/12/2019 at an average price of $137.18 a share. Continue reading...
- Moody's
United Technologies Corporation -- Moody's announces completion of a periodic review of ratings of United Technologies Corporation
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of United Technologies Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Zacks
General Electric Makes Tender Offers for $5B Debt Securities
General Electric's (GE) tender offerings to purchase its U.S. dollar and Euro-denominated debt securities will help it strengthen the balance sheet.
- Zacks
Honeywell (HON) Boosts Navigation Offerings With New IMUs
Honeywell's (HON) two new IMUs, which use proven inertial sensor technology, serve as an advanced precision inertial solution on land, air and sea.
- PR Newswire
Carrier Appoints Veteran Finance Chief Timothy McLevish as New CFO
Seasoned CFO brings public company track record to Carrier ahead of separation from United Technologies PALM BEACH GARDENS, Fla. , Sept. 13, 2019 /PRNewswire/ -- Carrier, a leading global provider of HVAC, ...
- Reuters
Climate change pushes U.S. fund managers to bet on AC makers
Record heatwaves in Europe and Asia this summer are leading fund managers to buy shares of air conditioning manufacturers, betting that the public health risks of rising temperatures will compel businesses and apartment building owners to install cooling systems. Shares of Johnson Controls International Plc, United Technologies Corp, and Ingersoll-Rand Plc, are all up 25% or more since the start of the year, well above the 19% gain in the U.S. benchmark S&P 500 index. Japanese companies Daikin Industries Ltd and Hitachi Ltd are also up strongly year-to-date.
- PR Newswire
Azul Celebrates Delivery of First Embraer E195-E2 Aircraft Powered By Pratt & Whitney GTF™ Engines
SÃO PAULO, Sept. 12, 2019 /PRNewswire/ -- Pratt & Whitney, a division of United Technologies Corp. (NYSE: UTX), joins Azul today in celebrating the delivery of the first Embraer E195-E2 aircraft, leased ...
- Zacks
Diversified Operations Industry Near-Term Prospects Bright
Diversified Operations Industry Near-Term Prospects Bright
- Zacks
Why United Technologies (UTX) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does United Technologies (UTX) have what it takes? Let's find out.
- GlobeNewswire
Vista Global Brings Fastest In-Flight Connectivity to Private Aviation
Vista Global, the group simplifying private aviation, announces a revolutionary technology partnership with Collins Aerospace Systems that will provide private aviation customers with the fastest broadband speeds available. This is a further demonstration of Vista Global bringing the latest and most innovative technology to market and driving radical technological change across the private aviation industry.
- PR Newswire
The fastest speeds available: Collins Aerospace, SES and Vista Global to launch LuxStream connectivity service for business aircraft
ANNAPOLIS, Md., Sept. 12, 2019 /PRNewswire/ -- Collins Aerospace Systems, a unit of United Technologies Corp. (UTX), is teaming with leading satellite operator SES to bring business aviation customers the fastest broadband speeds available within the United States. The two companies are launching LuxStream — the only service that offers speeds up to 25 Mbps in the United States and 15Mbps globally via SES's managed Ku-band satellite network.
- Zacks
UTX or DHR: Which Is the Better Value Stock Right Now?
UTX vs. DHR: Which Stock Is the Better Value Option?
