United Technologies

UTX-N

NYSE:UTX

154.40
0.85 (0.55%)
United Technologies Corporation is an American multinational conglomerate headquartered in Farmington, Connecticut.
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Analysis and Opinions about UTX-N

Signal
Opinion
Expert
COMMENT
COMMENT
January 20, 2020
UTX merging with Raytheon He owns Raytheon and this deal with UTX is a great combination. Before the merger, UTX will spinoff its elevator division--a taxable event for Canadian. For Canadians to lower this tax hit, buy Raytheon. Recommended. UTX may struggle a bit because of Boeing's 737 Max woes (UTX makes engines), but long-term aerospace looks healthy. There are 26,000 commercial planes now, but by 2030 there need to 35,000, outpacing GDP growth. Combined synergies will make this company powerful.
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UTX merging with Raytheon He owns Raytheon and this deal with UTX is a great combination. Before the merger, UTX will spinoff its elevator division--a taxable event for Canadian. For Canadians to lower this tax hit, buy Raytheon. Recommended. UTX may struggle a bit because of Boeing's 737 Max woes (UTX makes engines), but long-term aerospace looks healthy. There are 26,000 commercial planes now, but by 2030 there need to 35,000, outpacing GDP growth. Combined synergies will make this company powerful.
BUY
BUY
December 16, 2019
Merging with Raytheon and spinning off their subdivisions He really likes it, has been a past top pick. You can buy it today based on valuation, trading at 17x earnings. They will combine their aerospace with Raytheon to be a pure play, then spin off other divisions--HVAC and Otis Elevators. This plan will create shareholder value, long-term. It trades at a decent 17x earnings; that pure play will push the value above 20x earnings. The other businesses won't be valued as highly, because they don't grow, but will free them to pursue M&A. He sees 20-30% upside.
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United Technologies (UTX-N)
December 16, 2019
Merging with Raytheon and spinning off their subdivisions He really likes it, has been a past top pick. You can buy it today based on valuation, trading at 17x earnings. They will combine their aerospace with Raytheon to be a pure play, then spin off other divisions--HVAC and Otis Elevators. This plan will create shareholder value, long-term. It trades at a decent 17x earnings; that pure play will push the value above 20x earnings. The other businesses won't be valued as highly, because they don't grow, but will free them to pursue M&A. He sees 20-30% upside.
COMMENT
COMMENT
November 28, 2019
The big thing here to be cautious is the tax implications. United is going to spin off divisions as part of this merger and as they do if you hold in a Canadian taxable account you are going to have to pay 50% of the value of the spin-off. Owns Raytheon now. Great company if you want to hold it longer terms.
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United Technologies (UTX-N)
November 28, 2019
The big thing here to be cautious is the tax implications. United is going to spin off divisions as part of this merger and as they do if you hold in a Canadian taxable account you are going to have to pay 50% of the value of the spin-off. Owns Raytheon now. Great company if you want to hold it longer terms.
HOLD
HOLD
November 20, 2019
Pending breakup? He really likes the industrial space and this is a very diverse company. He likes how they new organization will be broken up following the Raytheon merger and that should lead to higher overall value. It is well positioned for a re-acceleration of the economy. A pick up in China would help their elevator business. Yield 2%
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United Technologies (UTX-N)
November 20, 2019
Pending breakup? He really likes the industrial space and this is a very diverse company. He likes how they new organization will be broken up following the Raytheon merger and that should lead to higher overall value. It is well positioned for a re-acceleration of the economy. A pick up in China would help their elevator business. Yield 2%
PARTIAL BUY
PARTIAL BUY
November 7, 2019
Interesting company. You could buy it, as Raytheon will add a lot to it. Spending will continue, no matter who is in charge in the US. Positive on it long-term. Take a half position to hedge your bets.
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Interesting company. You could buy it, as Raytheon will add a lot to it. Spending will continue, no matter who is in charge in the US. Positive on it long-term. Take a half position to hedge your bets.
WAIT
WAIT
October 24, 2019
For a cyclical sector like industrials, you have to be really confident that the economy has room to run. He doesn't think there's a recession in 6 months, but still thinks you have to be careful at this late stage in the cycle. Still, he likes this name amongst its peers.
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For a cyclical sector like industrials, you have to be really confident that the economy has room to run. He doesn't think there's a recession in 6 months, but still thinks you have to be careful at this late stage in the cycle. Still, he likes this name amongst its peers.
Stan Wong

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Price
$143.520
Owned
Unknown
WATCH
WATCH
September 27, 2019
He's not certain if they've gone the split route. If this is the case, it's probably not the best move to make. It's one of the huge conglomerates from the 1960s and they probably need to split up.
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United Technologies (UTX-N)
September 27, 2019
He's not certain if they've gone the split route. If this is the case, it's probably not the best move to make. It's one of the huge conglomerates from the 1960s and they probably need to split up.
PAST TOP PICK
PAST TOP PICK
September 17, 2019
(A Top Pick Jul 25/19, Up 1%) UTX will merge with Raytheon then spin off its HVAC and elevator businesses. They will create value with that merger, which will unlock value of 30-40% over the next two years.
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United Technologies (UTX-N)
September 17, 2019
(A Top Pick Jul 25/19, Up 1%) UTX will merge with Raytheon then spin off its HVAC and elevator businesses. They will create value with that merger, which will unlock value of 30-40% over the next two years.
DON'T BUY
DON'T BUY
August 23, 2019
An industrial type conglomerate. They have performed well in the last couple of years. Well diversified. If it keeps moving down to $100, would look more closely at it.
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An industrial type conglomerate. They have performed well in the last couple of years. Well diversified. If it keeps moving down to $100, would look more closely at it.
COMMENT
COMMENT
August 22, 2019

They agreed to a merger with UTX-N and will form a really interesting industrial as they spin off OTIS, their carrier division, and have in the past spun off Goodrich. IIS with Raytheon is growing very, very rapidly. It is a very interesting opportunity.

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They agreed to a merger with UTX-N and will form a really interesting industrial as they spin off OTIS, their carrier division, and have in the past spun off Goodrich. IIS with Raytheon is growing very, very rapidly. It is a very interesting opportunity.

PAST TOP PICK
PAST TOP PICK
August 13, 2019

(A Top Pick Aug 08/18, Down 1%) UTX-N is a diversified company in the aerospace, HVAC and elevator space. They will spin off some of these holdings and plan to merge with RTN-N. This may have caused some confusion in the investors mind. She thinks the some of the parts is worth more the share price today. She likes the reoccuring revenues that goes with the service contracts.

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(A Top Pick Aug 08/18, Down 1%) UTX-N is a diversified company in the aerospace, HVAC and elevator space. They will spin off some of these holdings and plan to merge with RTN-N. This may have caused some confusion in the investors mind. She thinks the some of the parts is worth more the share price today. She likes the reoccuring revenues that goes with the service contracts.

DON'T BUY
DON'T BUY
July 30, 2019
It'll get killed in a recession; capital spending will go south. AC, elevators and advanced avionics for civil and military use will grow. Defense systems will use more and more advanced electronics. They had good, not stellar, earnings. The stock hasn't been bad. This is too cyclical for his tastes--not a good time to buy it.
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It'll get killed in a recession; capital spending will go south. AC, elevators and advanced avionics for civil and military use will grow. Defense systems will use more and more advanced electronics. They had good, not stellar, earnings. The stock hasn't been bad. This is too cyclical for his tastes--not a good time to buy it.
TOP PICK
TOP PICK
July 25, 2019
Plan to break up 3 main platforms, and merge aerospace with Raytheon. Can easily see valuation of 30-40-50% above where it currently is. Yield is 2.15%. (Analysts’ price target is $154.40)
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Plan to break up 3 main platforms, and merge aerospace with Raytheon. Can easily see valuation of 30-40-50% above where it currently is. Yield is 2.15%. (Analysts’ price target is $154.40)
TOP PICK
TOP PICK
July 10, 2019

They are spinning off OTIS and Carrier. Their aircraft engine business will have a new engine next year for A320s and F35s. The share price has been held back somewhat. She likes their business model. (Analysts’ price target is $152.41)

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They are spinning off OTIS and Carrier. Their aircraft engine business will have a new engine next year for A320s and F35s. The share price has been held back somewhat. She likes their business model. (Analysts’ price target is $152.41)

BUY
BUY
June 27, 2019
The defense and aerospace sectors he really likes. There has been very, very good secular growth there and it will continue to consolidate. He would be a buyer of the stock right here.
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The defense and aerospace sectors he really likes. There has been very, very good secular growth there and it will continue to consolidate. He would be a buyer of the stock right here.
Showing 1 to 15 of 170 entries