EPS for United Technologies Corporation (UTX) Expected At $1.76

July 17, 2017 - By Kurt Siggers

 EPS for United Technologies Corporation (UTX) Expected At $1.76
Investors sentiment decreased to 1 in Q4 2016. Its down 0.06, from 1.06 in 2016Q3. It worsened, as 70 investors sold United Technologies Corporation shares while 516 reduced holdings. 100 funds opened positions while 484 raised stakes. 623.51 million shares or 1.02% less from 629.95 million shares in 2016Q3 were reported.
Sector Pension Investment Board invested 0.18% of its portfolio in United Technologies Corporation (NYSE:UTX). Brinker, Pennsylvania-based fund reported 43,748 shares. Gabelli Funds Limited Liability Co invested in 29,000 shares or 0.02% of the stock. M&T Bancorporation Corporation holds 0.43% in United Technologies Corporation (NYSE:UTX) or 631,144 shares. Us Bancshares De owns 1.13M shares. Dumont & Blake Inv Advisors Ltd Co reported 7,331 shares. Thrivent Financial For Lutherans reported 0.01% stake. Blackrock Incorporated holds 1.55M shares or 0.24% of its portfolio. Brown Advisory Secs owns 6,809 shares for 0.2% of their portfolio. Ameriprise Financial, Minnesota-based fund reported 3.42M shares. Wunderlich Managemnt has 1.16% invested in United Technologies Corporation (NYSE:UTX). Mairs & Power Inc has 12,671 shares for 0.02% of their portfolio. Wexford Capital Limited Partnership invested 0.12% of its portfolio in United Technologies Corporation (NYSE:UTX). Ferguson Wellman Cap Management has invested 0.26% of its portfolio in United Technologies Corporation (NYSE:UTX). West Coast Financial Lc reported 5,359 shares.

Since February 6, 2017, it had 0 insider purchases, and 10 sales for $11.15 million activity. 2,702 shares were sold by Bailey Robert J., worth $322,969. 17,450 United Technologies Corporation (NYSE:UTX) shares with value of $1.93 million were sold by HAYES GREGORY. 8,968 United Technologies Corporation (NYSE:UTX) shares with value of $1.00 million were sold by Gitlin David L.. Dumais Michael R sold 2,541 shares worth $284,906. On Wednesday, May 3 DELPECH PHILIPPE sold $925,993 worth of United Technologies Corporation (NYSE:UTX) or 7,696 shares. $4.25 million worth of stock was sold by Gill Charles D on Friday, February 17. The insider Amato Elizabeth B sold 2,991 shares worth $335,057.

Investors wait United Technologies Corporation (NYSE:UTX) to report on July, 25. its quarterly earnings Wall Street analysts expect $1.76 earnings per share, down $0.06 or 3.30 % from last year’s $1.82 same quarter earnings. This translates into $1.41B profit for UTX giving the stock a 17.49 P/E. This is assuming the current $1.76 EPS is accurate. United Technologies Corporation’s Wall Street analysts see 18.92 % EPS growth, taking into account the $1.48 EPS reproted in the previous quarter, The stock decreased 0.24% or $0.3 during the last trading session, reaching $123.11. About 1.84M shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since July 17, 2016 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), 7 have Buy rating, 0 Sell and 14 Hold. Therefore 33% are positive. United Technologies Corporation had 53 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of United Technologies Corporation (NYSE:UTX) earned “Buy” rating by Numis Securities on Tuesday, October 6. Deutsche Bank downgraded the shares of UTX in report on Wednesday, July 22 to “Hold” rating. As per Thursday, January 28, the company rating was maintained by Argus Research. The company was upgraded on Thursday, July 23 by Cowen & Co. The firm has “Buy” rating by Jefferies given on Friday, April 28. The firm has “Neutral” rating given on Wednesday, January 6 by Sterne Agee CRT. As per Friday, January 8, the company rating was downgraded by Bernstein. The firm has “Neutral” rating by Robert W. Baird given on Thursday, October 6. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, October 13. The stock has “Neutral” rating by Goldman Sachs on Monday, May 2.

United Technologies Corporation is engaged in providing high technology services and products to the building systems and aerospace industries around the world. The company has market cap of $98.91 billion. The Firm operates through four divisions: Otis; UTC Climate, Controls & Security; Pratt & Whitney, and UTC Aerospace Systems. It has a 19.13 P/E ratio. Otis operates as an elevator and escalator manufacturing, installation and service company.

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Prnewswire.com which released: “United Technologies Corporation Statement – Setting the Record Straight …” on June 27, 2017, also Prnewswire.com with their article: “United Technologies Corp. Second Quarter Earnings Advisory to Securities …” published on July 07, 2017, Zacks.com published: “United Technologies to Boost MRO Unit with Digital Solutions” on June 19, 2017. More interesting news about United Technologies Corporation (NYSE:UTX) were released by: Zacks.com and their article: “United Technologies Hits 52-Week High: What’s Driving It?” published on July 04, 2017 as well as Fool.com‘s news article titled: “3 Key Takeaways From United Technologies at the Paris Air Show” with publication date: June 30, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.