About United Technologies (NYSE:UTX)
United Technologies Corporation is engaged in providing high technology products and services to the building systems and aerospace industries around the world. The Company operates through four segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney, and UTC Aerospace Systems. Otis operates as an elevator and escalator manufacturing, installation and service company. UTC Climate, Controls & Security segment is engaged in providing heating, ventilating, air conditioning (HVAC) and refrigeration solutions. The Pratt & Whitney segment supplies aircraft engines for the commercial, military, business jet and general aviation markets. Pratt & Whitney segment provides fleet management services and aftermarket maintenance, repair and overhaul services. The UTC Aerospace Systems segment provides aerospace products and aftermarket service solutions for aircraft manufacturers, airlines, regional, business and general aviation markets, military, space and undersea operations.
Industry, Sector and Symbol
Sub-IndustryAerospace & Defense
Trailing P/E Ratio21.4579323823375
Forward P/E Ratio17.35
Sales & Book Value
Annual Sales$59.84 billion
Price / Sales1.63
Cash Flow$8.99 per share
Price / Cash13.61
Book Value$39.35 per share
Price / Book3.11
Net Income$4.55 billion
Return on Equity17.35%
Return on Assets5.62%
United Technologies (NYSE:UTX) Frequently Asked Questions
What is United Technologies' stock symbol?
United Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "UTX."
How often does United Technologies pay dividends? What is the dividend yield for United Technologies?
United Technologies announced a quarterly dividend on Monday, February 5th. Investors of record on Friday, February 16th will be paid a dividend of $0.70 per share on Saturday, March 10th. This represents a $2.80 annualized dividend and a yield of 2.29%. The ex-dividend date is Thursday, February 15th. View United Technologies' Dividend History.
How were United Technologies' earnings last quarter?
United Technologies Co. (NYSE:UTX) released its earnings results on Wednesday, January, 24th. The conglomerate reported $1.60 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.56 by $0.04. The conglomerate had revenue of $15.68 billion for the quarter, compared to the consensus estimate of $15.34 billion. United Technologies had a return on equity of 17.35% and a net margin of 7.61%. The company's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.56 earnings per share. View United Technologies' Earnings History.
When will United Technologies make its next earnings announcement?
What guidance has United Technologies issued on next quarter's earnings?
United Technologies issued an update on its FY18 earnings guidance on Friday, March, 16th. The company provided earnings per share (EPS) guidance of $6.85-7.10 for the period, compared to the Thomson Reuters consensus estimate of $7.07. The company issued revenue guidance of $62.5-64.0 billion, compared to the consensus revenue estimate of $63.56 billion.
Where is United Technologies' stock going? Where will United Technologies' stock price be in 2018?
15 equities research analysts have issued 12 month target prices for United Technologies' stock. Their predictions range from $120.00 to $159.00. On average, they anticipate United Technologies' share price to reach $137.82 in the next year. View Analyst Ratings for United Technologies.
What are Wall Street analysts saying about United Technologies stock?
Here are some recent quotes from research analysts about United Technologies stock:
- 1. According to Zacks Investment Research, "United Technologies remains focused on four key priorities to fuel its growth momentum: flawless execution, innovation for growth, structural cost reduction and disciplined capital allocation. The acquisition of Rockwell Collins is further expected to offer a bigger clout in the industry and increase its bargaining power as the combined entity would emerge as one of the largest global aircraft equipment manufacturers. Management further increased its guidance for 2017 on healthy growth dynamics. The company also outperformed the industry in the last three months. However, United Technologies is exposed to market price volatility and availability risks related to raw materials, which hamper its ability to meet delivery schedules and increase operating costs. Fluctuations in foreign currency exchange rates affect the company’s net investment in foreign subsidiaries. High R&D costs also remain a significant challenge for the company." (1/22/2018)
- 2. Cowen Inc analysts commented, "Investors should be neutral/positive to mixed Q2 ops, strong cash flow and raised." (7/25/2017)
Who are some of United Technologies' key competitors?
Some companies that are related to United Technologies include 3M (MMM), General Electric (GE), Honeywell International (HON), Danaher (DHR), Hitachi (HTHIY), Sumitomo (SSUMY), China Resources Beer Holdings CoLtd (CRHKY), KPN (KKPNF), Icahn Enterprises (IEP), Bunzl (BZLFY), Leucadia National (LUK), Carlisle Companies (CSL), Seven Group (SVW), Crane (CR), ITT (ITT), Macquarie Infrastructure (MIC), Barloworld (BRRAY) and Federal Signal (FSS).
Who are United Technologies' key executives?
United Technologies' management team includes the folowing people:
- Gregory J. Hayes CPA, Chairman of the Board, President, Chief Executive Officer (Age 56)
- Akhil Johri, Executive Vice President and Chief Financial Officer (Age 55)
- David L. Gitlin, President - UTC Aerospace Systems (Age 47)
- Robert F. Leduc, President of Pratt & Whitney (Age 60)
- Judy F. Marks, President of Otis
- Robert J. McDonough, President - UTC Climate, Controls & Security (Age 57)
- Elizabeth B. Amato, Executive Vice President, Chief Human Resources Officer, United Technologies Corporation (Age 60)
- Charles D. Gill, Executive Vice President, General Counsel (Age 52)
- Michael R. Dumais, Executive Vice President - Operations and Strategy (Age 50)
- Paul Eremenko, Senior Vice President, Chief Technology Officer
Has United Technologies been receiving favorable news coverage?
Media headlines about UTX stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. United Technologies earned a media sentiment score of 0.03 on Accern's scale. They also gave news stories about the conglomerate an impact score of 44.63 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are United Technologies' major shareholders?
United Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.87%), Barrow Hanley Mewhinney & Strauss LLC (1.48%), Bank of New York Mellon Corp (1.38%), Geode Capital Management LLC (0.96%), Viking Global Investors LP (0.75%) and Franklin Resources Inc. (0.71%). Company insiders that own United Technologies stock include Akhil Johri, Brian C Rogers, Charles D Gill, David L Gitlin, Elizabeth B Amato, Gregory Hayes, Michael R Dumais, Philippe Delpech, Robert J Bailey and Robert J Mcdonough. View Institutional Ownership Trends for United Technologies.
Which major investors are selling United Technologies stock?
UTX stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., American Century Companies Inc., Barrow Hanley Mewhinney & Strauss LLC, PGGM Investments, APG Asset Management N.V., Bank of New York Mellon Corp, Standard Life Aberdeen plc and Caisse DE Depot ET Placement DU Quebec. Company insiders that have sold United Technologies company stock in the last year include Akhil Johri, Elizabeth B Amato, Michael R Dumais, Philippe Delpech and Robert J Bailey. View Insider Buying and Selling for United Technologies.
Which major investors are buying United Technologies stock?
UTX stock was bought by a variety of institutional investors in the last quarter, including Viking Global Investors LP, Mackenzie Financial Corp, Amundi Pioneer Asset Management Inc., BlackRock Inc., Sarasin & Partners LLP, Quantitative Investment Management LLC, Wolverine Asset Management LLC and Anchor Bolt Capital LP. View Insider Buying and Selling for United Technologies.
How do I buy shares of United Technologies?
Shares of UTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is United Technologies' stock price today?
One share of UTX stock can currently be purchased for approximately $122.31.
How big of a company is United Technologies?
United Technologies has a market capitalization of $101.57 billion and generates $59.84 billion in revenue each year. The conglomerate earns $4.55 billion in net income (profit) each year or $5.70 on an earnings per share basis. United Technologies employs 205,000 workers across the globe.
How can I contact United Technologies?
United Technologies' mailing address is 10 Farm Springs Road, Farmington CT, 06032. The conglomerate can be reached via phone at 860-728-7000 or via email at [email protected]
MarketBeat Community Rating for United Technologies (UTX)MarketBeat's community ratings are surveys of what our community members think about United Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
United Technologies (NYSE:UTX) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Hold||Hold|
|Consensus Rating Score: ||2.67||2.67||2.29||2.25|
|Ratings Breakdown: ||0 Sell Rating(s)|
5 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
10 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
12 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$137.82||$137.64||$126.31||$124.07|
|Price Target Upside: ||12.68% upside||5.87% upside||5.22% upside||11.57% upside|
United Technologies (NYSE:UTX) Consensus Price Target History
United Technologies (NYSE:UTX) Analyst Ratings History
(Data available from 3/23/2016 forward)
United Technologies (NYSE:UTX) Earnings History and Estimates Chart
United Technologies (NYSE UTX) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/24/2018||Q4 2017||$1.56||$1.60||$15.34 billion||$15.68 billion||View||Listen|
|10/24/2017||Q3 2017||$1.68||$1.73||$14.99 billion||$15.06 billion||View||N/A|
|7/25/2017||Q2 2017||$1.78||$1.85||$15.24 billion||$15.28 billion||View||N/A|
|4/26/2017||Q1 2017||$1.39||$1.48||$13.50 billion||$13.82 billion||View||N/A|
|1/25/2017||Q416||$1.56||$1.56||$14.70 billion||$14.70 billion||View||N/A|
|10/25/2016||Q316||$1.67||$1.76||$12.28 billion||$14.40 billion||View||Listen|
|7/26/2016||Q216||$1.68||$1.82||$14.67 billion||$14.90 billion||View||Listen|
|4/27/2016||Q116||$1.39||$1.47||$13.18 billion||$13.36 billion||View||Listen|
|1/27/2016||Q415||$1.52||$1.53||$15.35 billion||$14.30 billion||View||Listen|
|10/20/2015||Q315||$1.55||$1.61||$14.56 billion||$13.80 billion||View||Listen|
|7/21/2015||Q215||$1.71||$1.73||$16.52 billion||$16.30 billion||View||Listen|
|4/21/2015||Q115||$1.45||$1.58||$14.96 billion||$14.54 billion||View||N/A|
|1/26/2015||Q414||$1.63||$1.62||$17.15 billion||$17.00 billion||View||N/A|
|10/21/2014||Q314||$1.81||$2.04||$16.16 billion||$16.20 billion||View||Listen|
|7/22/2014||Q214||$1.70||$1.84||$16.81 billion||$17.20 billion||View||N/A|
|4/22/2014||Q114||$1.27||$1.32||$14.74 billion||$14.75 billion||View||Listen|
|1/22/2014||Q413||$1.52||$1.58||$17.09 billion||$16.80 billion||View||N/A|
|10/22/2013||Q313||$1.54||$1.55||$16.18 billion||$15.50 billion||View||N/A|
|7/23/2013||Q2 2013||$1.58||$1.65||$16.41 billion||$16.00 billion||View||N/A|
|4/23/2013||Q1 2013||$1.30||$1.39||$14.94 billion||$14.40 billion||View||N/A|
|1/23/2013||Q4 2012||$1.03||$1.04||$16.64 billion||$16.44 billion||View||N/A|
United Technologies (NYSE:UTX) Earnings Estimates
2018 EPS Consensus Estimate: $6.98
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
United Technologies (NYSE:UTX) Dividend Information
|Most Recent Dividend:||3/10/2018|
|Dividend Growth:||4.80% (3 Year Average)|
|Payout Ratio:||49.12% (Trailing 12 Months of Earnings) |
39.72% (Based on This Year's Estimates)
36.27% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
United Technologies (NYSE:UTX) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
United Technologies (NYSE UTX) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.16%
Institutional Ownership Percentage: 81.86%
United Technologies (NYSE UTX) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/26/2018||Robert J Bailey||VP||Sell||2,032||$134.95||$274,218.40||4,900|| |
|2/22/2018||Robert J. Bailey||VP||Sell||419||$133.73||$56,032.87|| |
|12/15/2017||Elizabeth B Amato||EVP||Sell||4,341||$125.92||$546,618.72||29,122|| |
|12/15/2017||Robert J Bailey||VP||Sell||864||$126.01||$108,872.64||2,000|| |
|12/13/2017||Robert J Bailey||VP||Sell||636||$124.35||$79,086.60||1,500|| |
|12/7/2017||Robert J Bailey||VP||Sell||833||$122.66||$102,175.78||2,000|| |
|12/1/2017||Akhil Johri||VP||Sell||5,979||$121.03||$723,638.37||23,295|| |
|11/29/2017||Robert J Bailey||VP||Sell||827||$118.06||$97,635.62|| |
|11/3/2017||Michael R Dumais||EVP||Sell||2,986||$120.98||$361,246.28||27,548|| |
|5/3/2017||Philippe Delpech||Insider||Sell||7,696||$120.32||$925,982.72||63,621|| |
|5/3/2017||Robert J Bailey||VP||Sell||2,702||$119.53||$322,970.06||5,000|| |
|2/24/2017||Robert J Bailey||VP||Sell||1,022||$112.26||$114,729.72||2,000|| |
|2/17/2017||Charles D Gill||VP||Sell||37,975||$112.01||$4,253,579.75||106,278|| |
|2/16/2017||Elizabeth B Amato||EVP||Sell||2,991||$112.02||$335,051.82||30,428|| |
|2/7/2017||Akhil Johri||VP||Sell||2,209||$111.41||$246,104.69||19,100|| |
|2/7/2017||Robert J Mcdonough||Insider||Sell||300||$111.32||$33,396.00||11,049|| |
|12/7/2016||Brian C Rogers||Director||Buy||5,000||$107.94||$539,700.00||5,000|| |
|11/10/2016||Robert J Bailey||VP||Sell||967||$106.46||$102,946.82||2,000|| |
|8/11/2016||Charles D Gill||VP||Sell||6,202||$109.00||$676,018.00||51,778|| |
|7/28/2016||Robert J Mcdonough||Insider||Sell||3,100||$107.11||$332,041.00||11,349|| |
|7/27/2016||Charles D Gill||VP||Sell||7,144||$108.05||$771,909.20||55,278|| |
|6/8/2016||Charles D Gill||VP||Sell||8,958||$102.04||$914,074.32||55,078|| |
|5/12/2016||Gregory Hayes||CEO||Sell||980||$102.15||$100,107.00||139,398|| |
|5/10/2016||Elizabeth B Amato||EVP||Sell||3,696||$102.12||$377,435.52||30,756|| |
|4/28/2016||David L Gitlin||Insider||Sell||7,091||$104.22||$739,024.02||15,086|| |
|2/2/2016||Fredric G Reynolds||Director||Buy||12,000||$86.20||$1,034,400.00||13,225|| |
|10/26/2015||Charles D. Gill||VP||Sell||4,000||$100.88||$403,520.00||26,614|| |
|10/26/2015||H Patrick Swygert||Director||Sell||1,000||$100.20||$100,200.00|| |
|10/31/2014||Jamie S Gorelick||Director||Sell||13,400||$107.35||$1,438,490.00|| |
|8/22/2014||Geraud Darnis||CEO||Sell||50,000||$109.45||$5,472,500.00|| |
|6/10/2014||Paul R Adams||COO||Sell||9,697||$119.04||$1,154,330.88|| |
|6/9/2014||Elizabeth B Amato||SVP||Sell||7,150||$120.08||$858,572.00|| |
|6/9/2014||Louis Chenevert||CEO||Sell||24,979||$119.00||$2,972,501.00|| |
|3/10/2014||Harold Mcgraw III||Director||Sell||4,395||$117.53||$516,544.35||3,605|| |
|3/5/2014||Alain Bellemare||CEO||Sell||7,000||$117.93||$825,510.00||36,531|| |
|2/26/2014||Paul Adams||COO||Sell||7,300||$116.53||$850,669.00||4,309|| |
|2/25/2014||Gregory Hayes||CFO||Sell||46,000||$116.51||$5,359,460.00||60,419|| |
|2/25/2014||Michael Maurer||Insider||Sell||11,300||$116.26||$1,313,738.00||13,136|| |
|2/24/2014||Charles Gill||VP||Sell||10,000||$117.08||$1,170,800.00||20,171|| |
|2/12/2014||Gregory Hayes||CFO||Sell||19,926||$112.22||$2,236,095.72||60,419|| |
|1/30/2014||Thomas Rogan||VP||Sell||5,499||$115.16||$633,264.84||4,960|| |
|1/29/2014||Christine Todd Whitman||Director||Sell||4,850||$113.50||$550,475.00||3,150|| |
|1/23/2014||Geraud Darnis||CEO||Sell||15,476||$114.77||$1,776,180.52||4,224|| |
|11/25/2013||Jean Pierre Garnier||Director||Sell||7,000||$110.50||$773,500.00||6,400|| |
|11/20/2013||Jamie Gorelick||Director||Sell||7,000||$109.27||$764,890.00||4,000|| |
|11/15/2013||Paul Adams||COO||Sell||8,000||$108.53||$868,240.00||22|| |
|9/16/2013||Gregory Hayes||CFO||Sell||146,033||$109.55||$15,997,915.15||60,419|| |
|8/2/2013||Riva Pedro Sainz De Baranda||Insider||Sell||9,400||$107.00||$1,005,800.00||2,518|| |
|7/31/2013||Thomas I Rogan||VP||Sell||6,456||$106.16||$685,368.96|| |
|7/29/2013||Alain Bellemare||CEO||Sell||32,000||$104.70||$3,350,400.00|| |
|7/29/2013||Charles D Gill||VP||Sell||5,356||$105.05||$562,647.80|| |
|6/14/2013||Andre F H Villeneuve||Director||Sell||6,000||$94.23||$565,380.00|| |
|5/21/2013||Thomas I Rogan||VP||Sell||5,908||$97.83||$577,979.64|| |
United Technologies (NYSE UTX) News Headlines
United Technologies (NYSE:UTX) SEC Filings
This page is loading this company's SEC Filings. Please wait...
United Technologies (NYSE:UTX) Income Statement, Balance Sheet and Cash Flow Statement
United Technologies (NYSE UTX) Stock Chart for Friday, March, 23, 2018