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
Industry Aerospace & Defense
Sub-IndustryAerospace & Defense
Trailing P/E Ratio19.99
Forward P/E Ratio18.91
Sales & Book Value
Annual Sales$59.84 billion
Price / Sales1.78
Cash Flow$9.33 per share
Price / Cash14.27
Book Value$39.29 per share
Price / Book3.39
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 declared a quarterly dividend on Monday, February 5th. Shareholders of record on Friday, February 16th will be given a dividend of $0.70 per share on Saturday, March 10th. This represents a $2.80 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend is Thursday, February 15th. View United Technologies' Dividend History.
How were United Technologies' earnings last quarter?
United Technologies Co. (NYSE:UTX) announced its earnings results on Wednesday, January, 24th. The conglomerate reported $1.60 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.56 by $0.04. The conglomerate earned $15.68 billion during the quarter, compared to analyst estimates of $15.34 billion. United Technologies had a net margin of 7.61% and a return on equity of 17.35%. The business's revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.56 EPS. 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 updated its FY18 earnings guidance on Wednesday, January, 24th. The company provided earnings per share (EPS) guidance of $6.85-7.10 for the period, compared to the Thomson Reuters consensus estimate of $6.97. The company issued revenue guidance of $62.5-64.0 billion, compared to the consensus revenue estimate of $62.97 billion.
Where is United Technologies' stock going? Where will United Technologies' stock price be in 2018?
15 analysts have issued 12 month target prices for United Technologies' stock. Their predictions range from $120.00 to $157.00. On average, they anticipate United Technologies' stock price to reach $137.64 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)
- 3. Jefferies Group LLC analysts commented, "UTX hosted investors and analysts at the Otis plant in Florence, SC. The location served as the backdrop to outline the operations and objectives of Otis and Climate, Controls & Security, which combined account for about 50% of UTX's revenues and nearly 60% of operating profits. The message was each unit has opportunities to grow and create value." (3/13/2017)
Who are some of United Technologies' key competitors?
Some companies that are related to United Technologies include Lockheed Martin (LMT), General Dynamics (GD), Raytheon (RTN), Northrop Grumman (NOC), Precision Castparts (PCP), Rockwell Collins (COL), BAE Systems (BA), L3 Technologies (LLL), Goodrich (GR), Rolls-Royce (RR), Arconic (ARNC), Huntington Ingalls Industries (HII), Orbital ATK (OA), BWX Technologies (BWXT), Elbit Systems (ESLT), Hexcel (HXL), Exelis (XLS) and Moog (MOG).
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
Who owns United Technologies stock?
United Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors 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.
Who sold United Technologies stock? Who is selling United Technologies stock?
United Technologies' 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.
Who bought United Technologies stock? Who is buying United Technologies stock?
United Technologies' stock was acquired 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 United Technologies stock?
Shares of United Technologies 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 United Technologies stock can currently be purchased for approximately $133.15.
How big of a company is United Technologies?
United Technologies has a market capitalization of $106.49 billion and generates $59.84 billion in revenue each year. The conglomerate earns $4.55 billion in net income (profit) each year or $6.56 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 Rd, FARMINGTON, CT 06032-2577, United States. The conglomerate can be reached via phone at +1-860-7287000 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||Hold||Hold||Hold|
|Consensus Rating Score: ||2.67||2.47||2.29||2.36|
|Ratings Breakdown: ||0 Sell Rating(s)|
5 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
7 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)|
9 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$137.64||$131.25||$125.68||$123.31|
|Price Target Upside: ||5.87% upside||4.72% downside||6.41% upside||6.92% upside|
United Technologies (NYSE:UTX) Consensus Price Target History
United Technologies (NYSE:UTX) Analyst Ratings History
(Data available from 2/25/2016 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
|Dividend Growth:||4.80% (3 Year Average)|
|Payout Ratio:||49.12% (Trailing 12 Months of Earnings) |
39.77% (Based on This Year's Estimates)
36.18% (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: 79.54%
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|
|2/22/2018||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
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United Technologies (NYSE:UTX) Income Statement, Balance Sheet and Cash Flow Statement
United Technologies (NYSE UTX) Stock Chart for Sunday, February, 25, 2018