Analysts See $1.56 EPS for United Technologies Corporation (UTX)

January 18, 2018 - By Adrian Erickson

 Analysts See $1.56 EPS for United Technologies Corporation (UTX)
Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.10, from 0.95 in 2017Q2. It increased, as 63 investors sold United Technologies Corporation shares while 503 reduced holdings. 111 funds opened positions while 484 raised stakes. 621.08 million shares or 1.52% more from 611.76 million shares in 2017Q2 were reported.
Moreover, Schnieders Capital Mgmt Ltd Limited Liability Company has 0.35% invested in United Technologies Corporation (NYSE:UTX). Security Financial Bank Of Sioux City Iowa Ia invested 1.41% of its portfolio in United Technologies Corporation (NYSE:UTX). Baxter Bros stated it has 0.82% in United Technologies Corporation (NYSE:UTX). Signalpoint Asset Mngmt Ltd Llc invested in 0.15% or 2,497 shares. Altfest L J Com Inc holds 0.14% or 2,467 shares. Mawer Mngmt stated it has 959,749 shares. 30,600 were reported by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt. Boys Arnold And holds 1.72% or 92,716 shares in its portfolio. Moreover, Commonwealth National Bank Of Aus has 0.12% invested in United Technologies Corporation (NYSE:UTX) for 102,552 shares. 320,236 are held by Teacher Retirement System Of Texas. Arcadia Mgmt Mi holds 0.02% of its portfolio in United Technologies Corporation (NYSE:UTX) for 576 shares. Rockland Trust Communications reported 98,471 shares stake. Acropolis Investment Lc stated it has 16,905 shares. Vaughan David Invests Il reported 11,421 shares. Davis Selected Advisers, Arizona-based fund reported 7.67M shares.

Since December 13, 2017, it had 0 insider purchases, and 3 insider sales for $734,561 activity. Amato Elizabeth B also sold $546,600 worth of United Technologies Corporation (NYSE:UTX) on Friday, December 15.

Analysts expect United Technologies Corporation (NYSE:UTX) to report $1.56 EPS on January, 24.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $1.56 EPS. UTX’s profit would be $1.25 billion giving it 21.57 P/E if the $1.56 EPS is correct. After having $1.73 EPS previously, United Technologies Corporation’s analysts see -9.83 % EPS growth. The stock increased 0.14% or $0.19 during the last trading session, reaching $134.61. About 1.28 million shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since January 18, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

United Technologies Corporation (NYSE:UTX) Ratings Coverage

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. United Technologies Corporation had 71 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of UTX in report on Wednesday, October 25 with “Hold” rating. The stock has “Neutral” rating by JP Morgan on Thursday, October 8. The stock of United Technologies Corporation (NYSE:UTX) earned “Buy” rating by Jefferies on Friday, July 7. The rating was maintained by Jefferies with “Buy” on Friday, April 28. The firm has “Hold” rating by RBC Capital Markets given on Friday, July 7. Atlantic Securities downgraded the shares of UTX in report on Wednesday, July 22 to “Neutral” rating. On Monday, May 2 the stock rating was downgraded by Goldman Sachs to “Neutral”. The rating was maintained by RBC Capital Markets with “Hold” on Friday, November 10. The stock has “Buy” rating by Argus Research on Thursday, January 28. The firm has “Hold” rating given on Thursday, August 10 by Stifel Nicolaus.

United Technologies Corporation provides technology services and products to building systems and aerospace industries worldwide. The company has market cap of $107.50 billion. The Company’s Otis segment designs, makes, 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. It has a 20.89 P/E ratio. The companyÂ’s UTC Climate, Controls & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications.

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Seekingalpha.com which released: “United Technologies jumps on RBC upgrade” on January 03, 2018, also Cnbc.com with their article: “United Technologies gains after RBC upgrades Dow member, predicts 25% 2018 rally” published on January 03, 2018, Reuters.com published: “United Technologies resolves US counterfeit parts probe for $1 million” on December 19, 2017. More interesting news about United Technologies Corporation (NYSE:UTX) were released by: Nasdaq.com and their article: “United Technologies Moves a Step Closer to Rockwell Merger” published on January 12, 2018 as well as Seekingalpha.com‘s news article titled: “Sand In My Shoes – Looking For Another Industrial” with publication date: January 10, 2018.

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