UTX - United Technologies Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
-0.86 (-0.69%)
As of 10:48AM EDT. Market open.
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Previous Close124.81
Bid124.63 x 800
Ask124.66 x 900
Day's Range123.11 - 126.50
52 Week Range100.48 - 144.40
Avg. Volume3,285,896
Market Cap107.38B
Beta (3Y Monthly)1.43
PE Ratio (TTM)19.33
EPS (TTM)6.44
Earnings DateJul 22, 2019 - Jul 26, 2019
Forward Dividend & Yield2.94 (2.33%)
Ex-Dividend Date2019-08-15
1y Target Est152.00
Trade prices are not sourced from all markets
  • Reuters7 hours ago

    Lockheed: No concern that Raytheon-UTC merger will affect F-35 programme

    Lockheed Martin F-35 programme manager Greg Ulmer said on Monday he had "no concern" that the proposed merger of Raytheon Co and United Technologies Corp would affect the F-35 programme or pressure its margins. "I don't see any concern," Ulmer told reporters at the Paris Airshow when asked if the merger of two key suppliers would affect the F-35 programme, which is working hard to reduce costs. Ulmer also said Turkish firms continued to produce components for the aircraft despite a row over Ankara's plans to buy the Russian S-400 air defence system.

  • PR Newswire9 hours ago

    Collins Aerospace to establish aerospace innovation hub in Singapore to improve maintenance, repair and manufacturing capabilities

    -Hub will serve to develop innovative repair development, digitalization, additive design and manufacturing, robotics, and advanced manufacturing processes. PARIS, June 17, 2019 /PRNewswire/ -- Collins Aerospace Systems, a unit of United Technologies Corp., (UTX), announced a strategic investment in Singapore to develop an aerospace innovation hub in the region dedicated to advanced maintenance, repair and overhaul (MRO) processes and operations, as well as additive manufacturing processes and capabilities. The innovation hub demonstrates Collins Aerospace's commitment to developing best practices and a continued effort to digitally transform the aerospace industry.

  • PR Newswire9 hours ago

    More content on Boeing T-X: Collins Aerospace selected by Saab to provide mission-critical power and controls systems

    - Proven technologies will enhance operational efficiency and reliability - Latest award marks content in addition to previously announced ACES 5 ejection seat and integrated landing gear system PARIS ...

  • PR Newswire9 hours ago

    Supporting supersonic: Collins Aerospace to provide Environmental Control System and multiple flight control surfaces for NASA X-59 Low-Boom Flight Demonstrator

    PARIS, June 17, 2019 /PRNewswire/ -- Collins Aerospace Systems, a unit of United Technologies Corp. (UTX), has been selected by Lockheed Martin to provide the Environmental Control Systems (ECS), flaps, ailerons and rudder for the X-59 Quiet Supersonic Technology (QueSST) aircraft. Lockheed Martin Skunk Works® is developing the X-59 for NASA to collect data that could make supersonic commercial travel over land possible through low sonic boom technology.

  • PR Newswire9 hours ago

    Collins Aerospace joins Sikorsky in revolutionizing approach to autonomous flight with new fly-by-wire technology

    PARIS, June 17, 2019 /PRNewswire/ -- Collins Aerospace Systems, a unit of United Technologies Corp. (UTX), with Sikorsky, a Lockheed Martin company, has developed a new technologically advanced fly-by-wire retrofit solution that enables autonomous flight for rotary and fixed wing aircraft. The technology was demonstrated as part of Sikorsky's Optionally Piloted Vehicle (OPV) system.

  • Should Investors Worry About Defense-Industry Consolidation?
    Motley Fool23 hours ago

    Should Investors Worry About Defense-Industry Consolidation?

    The government advocated mergers in years past, but that push makes it harder for companies to get deals done today like United Technologies/Raytheon.

  • Markit2 days ago

    See what the IHS Markit Score report has to say about United Technologies Corp.

    United Technologies Corp NYSE:UTXView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for UTX with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting UTX. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold UTX had net inflows of $7.54 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. UTX credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Barrons.com2 days ago

    The United Technologies Merger With Raytheon Isn’t Great for Shareholders. But Both Stocks Are Cheap.

    United Technologies’ push to simplify is being aborted, and Raytheon isn’t getting a premium. But both stocks trade at a discount to peers.

  • Boeing Makes Another Vertical Leap As It Looks For Fatter Profits
    Investor's Business Daily3 days ago

    Boeing Makes Another Vertical Leap As It Looks For Fatter Profits

    Aviation giant Boeing and archrival Airbus are looking to fatten profits by making more of the parts that go into their planes. Boeing stock dipped.

  • Dow Jones Today: Stocks Have a No-Fun Friday
    InvestorPlace3 days ago

    Dow Jones Today: Stocks Have a No-Fun Friday

    Market participants in search of an adrenaline rush were likely left disappointed today. The major U.S. equity benchmarks meandered for most of the day, resulting in slightly lower finishes by the time the closing bell rang.Source: Shutterstock The Nasdaq Composite was the worst offender (we'll get to that in a minute), shedding 0.52% while the S&P 500 lost 0.16%. The Dow Jones Industrial Average slipped 0.07%.The tech-heavy Nasdaq was Friday's dog among the major indexes due in large part to awful guidance from semiconductor maker Broadcom Inc. (NASDAQ:AVGO). Semiconductor stocks have been one of the epicenters of the U.S./China trade war and has been noted here, that trade war is expected to have some ill effects on second-quarter results. Broadcom proves as much.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company slashed its 2019 revenue forecast "to $22.5 billion, from $24.5 billion and lowered its outlook for capital spending to $500 million, from $550 million," according to Barron's.Shares of Broadcom slumped 5.6% today, spurring a slew of negative action by sell-side analysts. Intel (NASDAQ:INTC) is the only semiconductor maker in the Dow Jones, and its shares slid 1.1% Friday in response to the weakness in Broadcom. The Dow Jones Industrial Average is home to six technology stocks. Just two closed higher today. Slim Pickings Among WinnersThe Home Depot (NYSE:HD) was the biggest winner in the Dow today, gaining 1.7% to push its month-to-date gain to over 7%. The consumer cyclical name has been moving higher on light news this month, but there are some data points that portend some strength in the consumer, the driving force of the U.S. economy. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 "The latest data on retail sales from the Census Bureau, released on Friday, suggests that spending is now rising to match incomes," according to Barron's. "Average spending at stores, bars, and restaurants, excluding gasoline stations, was up 1.2% in April and May, compared with February and March on a seasonally adjusted basis."Walmart (NYSE:WMT) said it is laying off around 600 workers in Charlotte as part of an outsourcing program. The company is the largest U.S. retailer and biggest non-government employer in the U.S. It is doubtful that a headcount reduction of 600 was behind today's gain of 0.4% for the stock. Shares of Walmart are up about 9% this month, serving as another example of investors' preference for defensive names. The stock hit a 52-week high today.United Technologies (NYSE:UTX), the defense giant that has been making regular appearances in this space in recent days, traded slightly higher today after an analyst said the stock's drubbing in the wake of its controversial deal with Raytheon (NYSE:RTN) is a case of too much, too fast.Today, Vertical Research analyst Jeffrey Sprague upgraded United Technologies to "buy" from "hold" while lifting his price target on the stock to $145 from $140.Goldman Sachs Group (NYSE:GS), the largest U.S. investment stock and the biggest financial stock in the Dow, rose 0.19%.The stock "is currently trading at around tangible book value, and it has over 30% upside to our fair value estimate," said Morningstar. Bottom Line on the Dow Jones TodayInvestors should expect to see more diverging data points and opinions over the near term. For example, the Federal Reserve said in a report out Friday that industrial production rose 0.4% last month. However, the University of Michigan consumer sentiment reading for June dropped to 97.9 this month from 100 in May. That was due in large part to tariff concerns.With second-quarter earnings season fast approaching, investors may want to consider looking for sector-level opportunities."At the sector level, analysts are most optimistic on the Energy (64%), Health Care (60%), and Communication Services (60%) sectors, as these three sectors have the highest percentages of Buy ratings," according to FactSet.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post Dow Jones Today: Stocks Have a No-Fun Friday appeared first on InvestorPlace.

  • Bloomberg3 days ago

    Planemakers Jet Off to Paris Air Show Under Growth Clouds

    The common thinking had been that secular changes like the burgeoning middle class in emerging markets and millennials’ preference for travel experiences would support traffic growth beyond that average rate, and that was what happened for a few years. Whether or not the slackening trend of the past two months lasts, commercial air-travel demand will most likely continue to grow in some capacity, Aengus Kelly, CEO of plane-lessor AerCap Holdings NV, said in a phone interview this week. The question is whether Boeing Co. and Airbus SE are already planning to build more planes than the industry will need and whether some customers may soon realize they’ve overpaid for assets or bought plane models that now look less desirable.

  • Airbus urges UTC not to be distracted by Raytheon deal
    Reuters3 days ago

    Airbus urges UTC not to be distracted by Raytheon deal

    Airbus said on Friday it had urged United Technologies to "keep its eye on the ball" in its role as a commercial aerospace supplier as it moves towards a planned merger with U.S. defence contractor Raytheon. Chief Executive Guillaume Faury said the message was understood by the world's largest aerospace supplier, whose Pratt & Whitney unit supplies engines for the A320neo jet. Faury told a news conference he had spoken to UTC leaders and would do so again at the Paris Airshow next week.

  • Barrons.com3 days ago

    United Technologies Stock Has Fallen Too Far, Analyst Says

    Vertical Research Partners argues that pessimism about United Technologies’ merger with Raytheon has made the shares too cheap.

  • Dow 30 Stock Roundup: United Technologies-Raytheon Merger, Merck's Tilos Buyout
    Zacks3 days ago

    Dow 30 Stock Roundup: United Technologies-Raytheon Merger, Merck's Tilos Buyout

    The index traversed a volatile week, guided largely by trade-related developments.

  • Morningstar3 days ago

    4 Attractive Diversified Industrials Stocks

    Chief executives of some of the most well-known, global diversified industrial firms gathered in Florida late last month at the annual Electrical Products Group conference, where they touched on several broad themes, including robust demand leading to resilient organic growth, the muted impact from tariffs, and strong digitization trends sweeping the industry. After attending the conference and reviewing our coverage, our top picks among the diversified industrials we cover include  DuPont DD ,  Emerson Electric EMR ,  Johnson Controls International JCI , and  3M MMM .

  • PR Newswire4 days ago

    Advisory for Raytheon and United Technologies Aerospace Businesses Merger of Equals joint Q&A event with CEOs; Updated Start Time for United Technologies Analysts and Portfolio Managers Meeting

    To facilitate the Q&A session, United Technologies Corp. is updating the start time of its analysts and portfolio managers meeting at the Paris Air Show to start at 3:00 a.m. ET (9:00 a.m. local time in Paris) on June 17, 2019. The corresponding presentation will be available on the Company's website prior to the meeting. Raytheon Company is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions.

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates Raytheon Company Acquisition
    PR Newswire4 days ago

    SHAREHOLDER ALERT: WeissLaw LLP Investigates Raytheon Company Acquisition

    NEW YORK , June 13, 2019 /PRNewswire/ --  WeissLaw LLP   is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Raytheon Company ("RTN" ...

  • TheStreet.com4 days ago

    Trade the United Technologies, Raytheon Merger With These Charts

    Both stocks gapped higher at the open on Monday with its technical levels coming into play. United Tech popped as high as $135.73, shy of its quarterly pivot at $136.83. Raytheon gapped to $193.98 then failed to hold its annual and semiannual risky levels at $190.52 and $191.25, respectively.

  • TheStreet.com5 days ago

    Jim Cramer: Unpacking a Bottom's Tough Work

    A prominent research firm came out today and cut numbers for FedEx, and lowered its price target. To me that's a file away -- meaning that the worst may at least be over at FedEx, and the stock's now able to bounce on bad news.

  • Here's how Raytheon's merger with United Technologies is likely to affect its Aurora office
    American City Business Journals5 days ago

    Here's how Raytheon's merger with United Technologies is likely to affect its Aurora office

    Farmington, Connecticut-based United Technologies (NYSE: UTX), maker of military and aviation communications technology and other gear, is merging with Waltham, Massachusetts-based Raytheon Co. (NYSE: RTN), which is best known for making military missiles and military aircraft. It would create the a defense-contracting behemoth second in size only to Boeing (NYSE: BA), and the new Raytheon would have a combined $74 billion in sales this year. Raytheon's Intelligence, Information and Services division has a major campus just off Buckley Air Force Base in Aurora, where it manages and creates ground control system technologies for commercial satellites and space systems for the U.S. government, military and intelligence agencies.

  • These Activist Investors Slam United Technologies-Raytheon Megamerger
    Investor's Business Daily5 days ago

    These Activist Investors Slam United Technologies-Raytheon Megamerger

    United Technologies drew withering criticism from high-profile investors over its proposed $120 billion aerospace merger with Raytheon.

  • 4 Defense Stocks to Watch on Raytheon-United Technologies Merger
    InvestorPlace5 days ago

    4 Defense Stocks to Watch on Raytheon-United Technologies Merger

    Wall Street is trading around the unchanged line on Wednesday, bouncing between gains and losses, as all eyes focus on the recent announcement of a $120 billion all-stock merger of equals between United Technologies (NYSE:UTX) and Raytheon (NYSE:RTN).Defense and aerospace stocks have been holding up well since President Donald Trump took office, as represented by the iShares Aerospace and Defense ETF (BATS:ITA), despite problems at Boeing (NYSE:BA) related to the 737 MAX. This is thanks to a big investment in the Pentagon's budget by the Trump Administration.With geopolitical tensions high between the United States and China as well as Iran, this spending isn't likely to slow anytime soon. Industry consolidation, of the type represented by the UTX-TRN tie up, will bolster profitability. With defensive sectors of the market enjoying a bid in recent weeks, amid broad volatility, this provides yet another reason for investors to consider names in this area.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy for the Coming Recession Here are four defense stocks to watch: United Technologies (UTX)Shares of United Technologies are rebounding slightly after a sharp decline below their 200-day moving average, testing critical support from the March lows. The company has been going through a metamorphosis, announcing last fall that it would spin off its Otis elevator and Carrier HVAC businesses early next year, segments that will not be included in its merger of its aerospace business with Raytheon.Of note is that its Pratt & Whitney engine segment was combined with Collins Aerospace Systems last fall via what was one of the largest aerospace acquisitions in history. The company will next report results on July 23 before the bell. Analysts are looking for earnings of $2.04 per share on revenues of $19.3 billion. When the company last reported on April 23, earnings of $1.91 beat estimates by 19 cents on a 20.5% rise in revenues. Raytheon (RTN)Shares of Raytheon, maker of missile and radar systems, are finding support near the lower end of its five-month consolidation range. The proposed tie-up with UTX is seen as a big positive for RTN, diversifying its exposure into the strong commercial aerospace market as well as giving it more leverage with suppliers to negotiate lower prices through economies of scale. * 7 Dark Horse Stocks Winning the Race in 2019 The company will next report results on July 25 before the bell. Analysts are looking for earnings of $2.64 per share on revenues of $7 billion. When the company last reported on April 25, earnings of $2.77 per share beat estimates by 29 cents on a 7.4% rise in revenues. Aerojet Rocketdyne Holdings (AJRD)Shares of Aerojet Rocketdyne Holdings (NYSE:AJRD) are taking flight, pushing back towards prior highs hit in February to mark a 25%-plus rally off of its April lows. Earlier this week, CL King's George Godfrey suggested the company could be a logical acquisition for Boeing or Lockheed Martin (NYSE:LMT) following the United Technologies-Raytheon deal. Back in March, the company acquired a 3D printing subsidiary from ARC Group Worldwide (NASDAQ:ARCW).The company will next report results on July 29 after the close. Analysts are looking for earnings of 39 cents per share on revenues of $483.4 million. When the company last reported on April 30, earnings of 44 cents per share beat estimates by 19 cents on a 0.1% decline in revenues. Northrop Grumman (NOC)Shares of Northrop Grumman (NYSE:NOC) are cooling their heels a little after a run to challenge priors highs set last September, marking a nice 23% rally off of the late March lows. The last time the 50-day moving average pulled away from the 200-day average like it is now was back in 2013, marking a 6x increase in the share price until a bout of profit taking struck in early 2018. * 7 Stocks to Buy As They Hit 52-Week Lows The company will next report results on July 24 before the bell. Analysts are looking for earnings of $4.65 per share on revenues of $8.4 billion. When the company last reported on April 24, earnings of $5.06 beat estimates by 46 cents on a 21.6% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post 4 Defense Stocks to Watch on Raytheon-United Technologies Merger appeared first on InvestorPlace.