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Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
ASML’s Earnings Could Bring The Stock to New Highs
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
NYSE:UTX

United Technologies (UTX) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$100.23
$101.32
50-Day Range
$52.73
$74.16
52-Week Range
$69.02
$158.44
Volume
7.08 million shs
Average Volume
7.30 million shs
Market Capitalization
$87.34 billion
P/E Ratio
15.73
Dividend Yield
2.92%
Price Target
N/A
UTX stock logo

About United Technologies Stock (NYSE:UTX)

United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; and offers modernization products to upgrade elevators and escalators, as well as maintenance and repair services. The company's Carrier segment provides heating, ventilating, air conditioning, refrigeration, fire, security, and building automation products, solutions, and services for commercial, government, infrastructure, residential, and refrigeration and transportation applications. This segment also offers building services, including audit, design, installation, system integration, repair, maintenance, and monitoring. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation markets; and provides aftermarket maintenance, repair, and overhaul, as well as fleet management services. The company's Collins Aerospace Systems segment provides electric power generation, power management, and distribution systems; air data and aircraft sensing systems; engine control, intelligence, surveillance, and reconnaissance systems; engine components; environmental control systems; fire and ice detection, and protection systems; propeller systems; engine nacelle systems; aircraft lighting, seating, and cargo systems; actuation and landing systems; space products and subsystems; avionics systems; flight controls, communications, navigation, oxygen, and training systems; food and beverage preparation, and storage and galley systems; and lavatory and wastewater management systems. The company offers its services through manufacturers' representatives, distributors, wholesalers, dealers, retail outlets, and sales representatives, as well as directly to customers. United Technologies Corporation was founded in 1934 and is headquartered in Farmington, Connecticut.

UTX Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
UTC Oxfordshire to hold open day for potential students
Holiday shoppers take over the UTC
UTSA to develop new National DigiFoundry
See More Headlines
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Company Calendar

Last Earnings
1/28/2020
Today
4/16/2024

Industry, Sector and Symbol

Industry
Aircraft Engines & Engine Parts
Sub-Industry
Aerospace & Defense
CUSIP
91301710
Fax
N/A
Employees
243,200
Year Founded
N/A

Profitability

Net Income
$5.54 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$77.05 billion
Cash Flow
$14.71 per share
Book Value
$51.24 per share

Miscellaneous

Free Float
N/A
Market Cap
$86.63 billion
Optionable
Not Optionable
Beta
1.42
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Key Executives

Should I Buy United Technologies Stock? UTX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in United Technologies Co.:

  • United Technologies Corporation has a strong presence in the aerospace and defense industry, providing technology products and services to building systems and aerospace industries worldwide.
  • Recent strategic moves by the company's CEO, Gregory Hayes, have reshaped UTC into a focused aerospace company, enhancing its competitive position in the market.
  • United Technologies Corporation's recent merger with Raytheon Company to form Raytheon Technologies Corporation has expanded its capabilities and market reach.
  • The company's consistent focus on innovation and technological advancements in its aerospace products and services can lead to long-term growth and profitability.
  • Investors may find United Technologies Corporation's current stock price attractive for potential investment opportunities, considering its strong market position and growth prospects.

Cons

Investors should be bearish about investing in United Technologies Co. for these reasons:

  • Volatility in the aerospace and defense industry can impact United Technologies Corporation's financial performance and stock price, leading to investment risks.
  • Global economic uncertainties and geopolitical tensions may affect the demand for aerospace products and services, impacting United Technologies Corporation's revenue and profitability.
  • Intense competition in the aerospace and defense sector could pressure United Technologies Corporation's market share and margins, affecting its financial results.
  • Regulatory changes and government policies related to the aerospace and defense industry can introduce challenges for United Technologies Corporation's operations and growth prospects.
  • Investors should carefully monitor market trends and industry developments to assess the potential risks associated with investing in United Technologies Corporation.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these United Technologies pros and cons to contact@marketbeat.com.

UTX Stock Analysis - Frequently Asked Questions

How were United Technologies' earnings last quarter?

United Technologies Co. (NYSE:UTX) released its quarterly earnings results on Tuesday, January, 28th. The conglomerate reported $1.94 EPS for the quarter, topping analysts' consensus estimates of $1.84 by $0.10. The conglomerate had revenue of $19.55 billion for the quarter, compared to analyst estimates of $19.34 billion. United Technologies had a net margin of 7.19% and a trailing twelve-month return on equity of 16.60%. United Technologies's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period last year, the firm earned $1.95 earnings per share.

Is United Technologies a good dividend stock?

United Technologies (NYSE:UTX) pays an annual dividend of $2.94 per share and currently has a dividend yield of 3.42%. The dividend payout ratio is 35.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UTX will have a dividend payout ratio of 34.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UTX.

What other stocks do shareholders of United Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other United Technologies investors own include Johnson & Johnson (JNJ), AT&T (T), Intel (INTC), Walt Disney (DIS), NVIDIA (NVDA), Home Depot (HD), Boeing (BA), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ) and Cisco Systems (CSCO).

This page (NYSE:UTX) was last updated on 4/16/2024 by MarketBeat.com Staff

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