United Technologies

UTX-N

NYSE:UTX

86.01
0.00 (0.00%)
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
PAST TOP PICK
PAST TOP PICK
July 8, 2020
(A Top Pick Jul 25/19, Down 21%) Raytheon (RTX) bought them out. Its valuation is 15 times earnings. It is diversified, so is not a pure aviation play. They have a defense segment a good balance sheet. He would be adding to this. When they spun out OTIS and Carrier, they actually added to their position on the elevator segment (OTIS) and sold Carrier.
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(A Top Pick Jul 25/19, Down 21%) Raytheon (RTX) bought them out. Its valuation is 15 times earnings. It is diversified, so is not a pure aviation play. They have a defense segment a good balance sheet. He would be adding to this. When they spun out OTIS and Carrier, they actually added to their position on the elevator segment (OTIS) and sold Carrier.
COMMENT
COMMENT
March 5, 2020
Spinning out elevator business, which was a cash cow. Stock ran up on the split. There may be a trade. The elevator space is where you want to be. (Analysts’ price target is $170.00)
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Spinning out elevator business, which was a cash cow. Stock ran up on the split. There may be a trade. The elevator space is where you want to be. (Analysts’ price target is $170.00)
WATCH
WATCH
March 3, 2020
Going to split into 2 or 3 companies. Usually split ups are good generators of value. He's cautious, however. Commercial aerospace is in a downturn right now, due to coronavirus and 737 MAX issues. Hold off.
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Going to split into 2 or 3 companies. Usually split ups are good generators of value. He's cautious, however. Commercial aerospace is in a downturn right now, due to coronavirus and 737 MAX issues. Hold off.
BUY
BUY
February 25, 2020

They're merging with Raytheon, which he bought a while ago as the best way to get into UTX. It's a commercial as well as defense stock. UTX will spin-off businesses like Otis Elevators. This will only grow the stock.

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United Technologies (UTX-N)
February 25, 2020

They're merging with Raytheon, which he bought a while ago as the best way to get into UTX. It's a commercial as well as defense stock. UTX will spin-off businesses like Otis Elevators. This will only grow the stock.

BUY
BUY
February 19, 2020

All developments with UTX (meaning the Raytheon deal) are positive. The stock has come off recently and is holding around $150. If it stays there, you can enter UTX.

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United Technologies (UTX-N)
February 19, 2020

All developments with UTX (meaning the Raytheon deal) are positive. The stock has come off recently and is holding around $150. If it stays there, you can enter UTX.

TOP PICK
TOP PICK
February 13, 2020
Likes all its different components. Stock price doesn't reflect sum of all the parts. Less cyclicality than other industrial stocks. Increases dividend. Yield is 1.92%. (Analysts’ price target is $171.11)
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United Technologies (UTX-N)
February 13, 2020
Likes all its different components. Stock price doesn't reflect sum of all the parts. Less cyclicality than other industrial stocks. Increases dividend. Yield is 1.92%. (Analysts’ price target is $171.11)
HOLD
HOLD
February 5, 2020

Over a 2-5 year time horizon, this will do fine, especially following the acquisition of Raytheon. This will diversify their business into the defense space. With low interest rates and good economic growth, this will be a good long term hold in the industrial space.

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Over a 2-5 year time horizon, this will do fine, especially following the acquisition of Raytheon. This will diversify their business into the defense space. With low interest rates and good economic growth, this will be a good long term hold in the industrial space.

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.
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.
DON'T BUY
DON'T BUY
June 14, 2019

The industrials are overpriced. He was excited about the Raytheon deal, but the market doesn't like it. $106.46 is his model price. There's better value elsewhere. Around $105 is interesting. Too expensive now.

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The industrials are overpriced. He was excited about the Raytheon deal, but the market doesn't like it. $106.46 is his model price. There's better value elsewhere. Around $105 is interesting. Too expensive now.

BUY
BUY
June 11, 2019

Right now UTX-N is a nice buying opportunity. They will spinoff some assets and will be involved with RTN-N in a merger, which will create some great opportunities. They sell original equipment with service contracts attached to generate good margins for 10 years or more. This makes them more defensive.

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Right now UTX-N is a nice buying opportunity. They will spinoff some assets and will be involved with RTN-N in a merger, which will create some great opportunities. They sell original equipment with service contracts attached to generate good margins for 10 years or more. This makes them more defensive.

COMMENT
COMMENT
June 11, 2019
A great company. You've done well if you have owned this for a long time. The combination with Raytheon will raise competition issues. Will this be a meaningful merger; how will it benefit UTX as an industrial company? They should be two separate entities. The merger will reduce organic growth opportunities for UTX. Depending on who the market deems the acquirer, one of these will sell off.
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A great company. You've done well if you have owned this for a long time. The combination with Raytheon will raise competition issues. Will this be a meaningful merger; how will it benefit UTX as an industrial company? They should be two separate entities. The merger will reduce organic growth opportunities for UTX. Depending on who the market deems the acquirer, one of these will sell off.
COMMENT
COMMENT
May 23, 2019
Going to focus on becoming in the aerospace and split off the carrier division and the OTIS elevator division. Exciting story.
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Going to focus on becoming in the aerospace and split off the carrier division and the OTIS elevator division. Exciting story.
PAST TOP PICK
PAST TOP PICK
May 14, 2019
(A Top Pick May 08/18, Up 12%) She has long held this. Aerospace, Otis Elevators and building products are their three sectors. 45% of their revenue stream is after-market, a recurring revenue stream (e.g. servicing Otis elevators or engines which are high-margin servicing contrcsts). This is defensive in an economic slowdown. They had a strong Q1 and raised their guidance, which they rarely do in Q1. Boasts 16x forward earnings.
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(A Top Pick May 08/18, Up 12%) She has long held this. Aerospace, Otis Elevators and building products are their three sectors. 45% of their revenue stream is after-market, a recurring revenue stream (e.g. servicing Otis elevators or engines which are high-margin servicing contrcsts). This is defensive in an economic slowdown. They had a strong Q1 and raised their guidance, which they rarely do in Q1. Boasts 16x forward earnings.
SELL
SELL
April 30, 2019
It's currently pausing at $142, a level of resistance. He would sell it now, given the potential of falling.
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It's currently pausing at $142, a level of resistance. He would sell it now, given the potential of falling.
BUY
BUY
April 9, 2019
It corrected last December, has seen a strong uptrend since and now he targets $145. He likes it. You want to be long cyclical stocks because we started a new 4-year economic cycle back in December.
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It corrected last December, has seen a strong uptrend since and now he targets $145. He likes it. You want to be long cyclical stocks because we started a new 4-year economic cycle back in December.
DON'T BUY
DON'T BUY
April 4, 2019
Industrials tend not to be the best sector to be in at the late stages of the cycle. Good company but he is concern about a soft patch in the future.
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Industrials tend not to be the best sector to be in at the late stages of the cycle. Good company but he is concern about a soft patch in the future.
Showing 1 to 30 of 177 entries

United Technologies(UTX-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 11

Stockchase rating for United Technologies is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

United Technologies(UTX-N) Frequently Asked Questions

What is United Technologies stock symbol?

United Technologies is a American stock, trading under the symbol UTX-N on the New York Stock Exchange (UTX). It is usually referred to as NYSE:UTX or UTX-N

Is United Technologies a buy or a sell?

In the last year, 11 stock analysts published opinions about UTX-N. 7 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for United Technologies.

Is United Technologies a good investment or a top pick?

United Technologies was recommended as a Top Pick by Chris Blumas on 2020-07-08. Read the latest stock experts ratings for United Technologies.

Why is United Technologies stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is United Technologies worth watching?

11 stock analysts on Stockchase covered United Technologies In the last year. It is a trending stock that is worth watching.

What is United Technologies stock price?

On 2020-04-02, United Technologies (UTX-N) stock closed at a price of $86.01.