united technologies
New York symbol UTX, has five main businesses: Carrier makes heating and air conditioning equipment; Otis makes and services elevators; Pratt & Whitney makes aircraft engines; Flight Systems makes helicopters and aircraft controls; and UTC Fire & Security provides security and fire protection services.
CARRIER GLOBAL CORP. $29 is a buy. This company (New York symbol CARR; Manufacturing & Industry sector; Shares o/s: 866.2 million; Market cap: $25.1 billion; Divd. yield 1.1%; TSINetwork Rating: Average; www.carrier.com) is a leader in heating, ventilation and air conditioning (HVAC) equipment....
RAYTHEON TECHNOLOGIES CORP. $61 is a buy. The company (New York symbol RTX; Conservative-Growth Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 1.5 billion; Market cap: $91.5 billion; Dividend yield: 3.1%; Dividend Sustainability Rating: Above Average; www.rtx.com) took its current form on April 3, 2020, with the merger of United Technologies Corp....
On April 3, 2020, aerospace products maker United Technologies spun off its Otis (elevators) and Carrier (heating and air conditioning equipment) businesses as separate firms. For each share held, investors received 0.5 of a share in Otis and 1 share in Carrier.
Note—United Technologies then merged with defence contractor Raytheon Co....
Note—United Technologies then merged with defence contractor Raytheon Co....
United Technologies gifted its investors with two spinoffs following its April merger with Raytheon Co. For each UTX share they held, investors received 0.5 of a share in Otis (elevators) and 1 share in Carrier (heating and air conditioning equipment).
We’re confident these two spinoffs will move higher for you in the next few years....
We picked United Technologies as our top Conservative pick for 2020 before the COVID-19 outbreak. Despite the resulting stock market damage, our reasons behind that choice are still valid.
The merger with defense contractor Raytheon has helped cut its exposure to commercial airlines, which continue to struggle during the current crisis....
On April 3, 2020, United Technologies Corp. completed its merger with Raytheon Co.—the most-recent in a series of steps to unlock investor value. The merger gives you a stake in Raytheon Technologies Corp. (New York symbol RTX)—now the leading maker of commercial and military aircraft equipment and electronics, radar systems and guided missiles.
Before that key move, United Technologies had already gifted investors with the spinoff of two of its major operations—its Otis (elevator) business, and its Carrier (heating and air conditioning equipment) unit....
Before that key move, United Technologies had already gifted investors with the spinoff of two of its major operations—its Otis (elevator) business, and its Carrier (heating and air conditioning equipment) unit....
T. ROWE PRICE GROUP INC. $127 (www.troweprice.com) is a buy. This leading seller of mutual funds and wealth management services will now raise your quarterly dividend 18.4%. With the March 2020 payment, investors will receive $0.90 a share instead of $0.76....
Once again, we’ve singled out three stocks—one from each of our portfolios: Conservative, Aggressive and Income—as your top choices for new buying in 2020. All three offer highly attractive growth prospects that will pay off for investors for many years to come.
You’ll notice that United Technologies is once again our #1 Conservative pick, even after the 31% gain it handed our readers in 2019....
You’ll notice that United Technologies is once again our #1 Conservative pick, even after the 31% gain it handed our readers in 2019....
UNITED TECHNOLOGIES CORP., $140, is our #1 Conservative buy for 2019. This leading maker of aircraft engines and controls, heating equipment, and elevators (New York symbol UTX; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 862.8 million; Market cap: $120.8 billion; Price-to-sales ratio: 1.6; Dividend yield: 2.1%; TSINetwork Rating: Above Average; www.utc.com) recently agreed to merge with Raytheon Co....
UNITED TECHNOLOGIES CORP. $137 (New York symbol UTX; Conservative-Growth Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 862.8 million; Market cap: $118.2 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Above Average; www.utc.com) is leading maker of jet engines (Pratt & Whitney), aircraft controls (Collins Aerospace Systems), heating and air-conditioning equipment (Carrier), and elevators (Otis).
Overall revenue fell 3.1%, from $57.9 billion in 2014 to $56.1 billion in 2015 on the sale of its Sikorsky helicopter business for $9 billion....
Overall revenue fell 3.1%, from $57.9 billion in 2014 to $56.1 billion in 2015 on the sale of its Sikorsky helicopter business for $9 billion....