Updates on United Technologies (NYSE: UTX) ratings and price targets.
United Technologies (NYSE: UTX) was downgraded by FBR Capital (NASDAQ: FBCM) from a “Hold” rating to a “Market Perform” rating. They have a price target of $90.00 on the company.
Argus downgraded United Technologies from a “Buy” rating to a “Hold” rating.
Nomura (NMR) reiterated its “Buy” rating on United Technologies.
Jefferies Group (NYSE: JEF) reiterated its “Buy” rating on United Technologiesh. They have a price target of $90.00 on the company.
Sterne Agee reiterated a “Buy” rating on United Technologies. They have a price target of $87.00 on the company.
Showing posts with label United Technologies. Show all posts
Showing posts with label United Technologies. Show all posts
Friday, December 30, 2011
Wednesday, August 10, 2011
Limelight (LLNW) (UTX) (BDX) (HSIC) (CLNE) (SYKE) Downgraded
Limelight Networks (NASDAQ: LLNW), United Technologies Co. (NYSE: UTX), Becton Dickinson And Co (NYSE: BDX), Henry Schein, Inc. (NASDAQ: HSIC), Clean Energy Fuels Corp. (NASDAQ: CLNE) and Sykes Enterprises, Incorporated (NASDAQ: SYKE) downgraded by analysts.
Limelight Networks (LLNW) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.
United Technologies Co. (UTX) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.
Becton Dickinson And Co. (BDX) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating.
Henry Schein, Inc. (HSIC) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating. They have a price target of $70.00 on the company.
Clean Energy Fuels Corp. (CLNE) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $14.00 on the company, down from $17.00.
Sykes Enterprises, Incorporated (SYKE) was downgraded by Craig Hallum from a “Buy” rating to a “Hold” rating.
Limelight Networks (LLNW) was downgraded by SunTrust (NYSE:STI) from a “Buy” rating to a “Neutral” rating.
United Technologies Co. (UTX) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.
Becton Dickinson And Co. (BDX) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating.
Henry Schein, Inc. (HSIC) was downgraded by Goldman Sachs from a “Buy” rating to a “Neutral” rating. They have a price target of $70.00 on the company.
Clean Energy Fuels Corp. (CLNE) was downgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They have a price target of $14.00 on the company, down from $17.00.
Sykes Enterprises, Incorporated (SYKE) was downgraded by Craig Hallum from a “Buy” rating to a “Hold” rating.
Tuesday, July 26, 2011
Thoratec (THOR) (THQI) (TUP) (TWC) (UTX) Ratings Reiterated
Thoratec (NASDAQ:THOR), THQ Inc (NASDAQ: THQI), Tupperware Brands Co. (NYSE: TUP), Time Warner Cable (NYSE: TWC) and United Technologies Co. (NYSE: UTX) reiterated by analysts.
JPMorgan Chase & Co. (NYSE:JPM) reiterated a "Neutral" rating on Thoratec (THOR).
BMC Equities Research reiterated a "Buy" rating on THQ Inc (THQI). They have a price target of $5.50 on the company.
JPMorgan Chase & Co. reiterated an "Overweight" rating on Tupperware Brands. They have a price target of $80.00 on the company.
Deutsche Bank (NYSE:DB) reiterated a "Buy" rating on Time Warner Cable (TWC).
Morgan Stanley (NYSE:MS) reiterated an "Equal Weight on United Technologies Co. (UTX).
JPMorgan Chase & Co. (NYSE:JPM) reiterated a "Neutral" rating on Thoratec (THOR).
BMC Equities Research reiterated a "Buy" rating on THQ Inc (THQI). They have a price target of $5.50 on the company.
JPMorgan Chase & Co. reiterated an "Overweight" rating on Tupperware Brands. They have a price target of $80.00 on the company.
Deutsche Bank (NYSE:DB) reiterated a "Buy" rating on Time Warner Cable (TWC).
Morgan Stanley (NYSE:MS) reiterated an "Equal Weight on United Technologies Co. (UTX).
Friday, May 13, 2011
Ex-Dividend for (TRK) (UBCP) (USMO) (USPH) (UTX) is May 18
The ex-dividend date for Speedway Motorsports Inc. (NYSE:TRK), United Bancorp Inc. (NASDAQ:UBCP), USA Mobility Inc. (NASDAQ:USMO), U.S. Physical Therapy (NASDAQ:USPH) and United Technologies Corp (NYSE:UTX) is May 18.
Speedway Motorsports Inc. (TRK) pays a dividend of $0.10 with a yield of 2.75 percent.
United Bancorp Inc. (UBCP) pays a dividend of $0.14 with a yield of 6.39 percent.
USA Mobility Inc. (USMO) pays a dividend of $0.25 with a yield of 6.46 percent.
U.S. Physical Therapy (USPH) pays a dividend of $0.08 with a yield of 1.38 percent.
United Technologies Corp (UTX) pays a dividend of $0.48 with a yield of 2.15 percent.
Speedway Motorsports Inc. (TRK) pays a dividend of $0.10 with a yield of 2.75 percent.
United Bancorp Inc. (UBCP) pays a dividend of $0.14 with a yield of 6.39 percent.
USA Mobility Inc. (USMO) pays a dividend of $0.25 with a yield of 6.46 percent.
U.S. Physical Therapy (USPH) pays a dividend of $0.08 with a yield of 1.38 percent.
United Technologies Corp (UTX) pays a dividend of $0.48 with a yield of 2.15 percent.
Wednesday, May 11, 2011
Ratings on (UTEK) (UTX) (WEN) (ZUMZ) Reiterated
Ratings on Ultratech, Inc. (NASDAQ: UTEK), United Technologies Co. (NYSE: UTX), Wendys Arbys Group (NYSE: WEN) and Zumiez (NASDAQ: ZUMZ) were reiterated by analysts.
Bank of America (NYSE:BAC) reiterated a “buy” rating on Ultratech, Inc. (UTEK).
Deutsche Bank (NYSE:DB) reiterated a “buy” rating on United Technologies Co. (UTX).
Deutsche Bank reiterated a “buy” rating on Wendys Arbys Group (WEN).
Oppenheimer reiterated an “outperform” rating on Zumiez (ZUMZ).
Bank of America (NYSE:BAC) reiterated a “buy” rating on Ultratech, Inc. (UTEK).
Deutsche Bank (NYSE:DB) reiterated a “buy” rating on United Technologies Co. (UTX).
Deutsche Bank reiterated a “buy” rating on Wendys Arbys Group (WEN).
Oppenheimer reiterated an “outperform” rating on Zumiez (ZUMZ).
Monday, May 2, 2011
Dividend Yields for (MMM) (LLL) (MAS) (HON) (UTX)
Indicated dividend yields for Standard & Poor's 500 Index companies 3M Co (MMM), L-3 Communications Holdings (LLL), Masco Corp (MAS), Honeywell International (HON) and United Technologies Corp (UTX).
These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.
3M Co (MMM) has a dividend yield of 2.26 percent on a declared dividend of $0.55. The payout ratio is 36.2.
L-3 Communications Holdings (LLL) has a dividend yield of 2.25 percent on a declared dividend of $0.45. The payout ratio is 23.9.
Masco Corp (MAS) has a dividend yield of 2.23 percent on a declared dividend of $0.07. The payout ratio is 870.0.
Honeywell International Inc (HON) has a dividend yield of 2.17 percent on a declared dividend of $0.33. The payout ratio is 37.0.
United Technologies Corp (UTX) has a dividend yield of 2.14 percent on a declared dividend of $0.48. The payout ratio is 36.4.
These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.
3M Co (MMM) has a dividend yield of 2.26 percent on a declared dividend of $0.55. The payout ratio is 36.2.
L-3 Communications Holdings (LLL) has a dividend yield of 2.25 percent on a declared dividend of $0.45. The payout ratio is 23.9.
Masco Corp (MAS) has a dividend yield of 2.23 percent on a declared dividend of $0.07. The payout ratio is 870.0.
Honeywell International Inc (HON) has a dividend yield of 2.17 percent on a declared dividend of $0.33. The payout ratio is 37.0.
United Technologies Corp (UTX) has a dividend yield of 2.14 percent on a declared dividend of $0.48. The payout ratio is 36.4.
Tuesday, April 26, 2011
Goldman (GS) Likes (ERJ) (PCP) (BA) (BEAV) (UTX) (GE) in Aerospace
Citing demand from China, Goldman Sachs said they like the Aerospace sector and named their favorite public companies in the space as Embraer SA (NYSE: ERJ), Precision Castparts Corp. (NYSE: PCP), Boeing Co. (NYSE: BA), BE Aerospace Inc. (NASDAQ: BEAV), United Technologies (NYSE: UTX) and General Electric (NYSE: GE).
Goldman mentioned they had underestimated the growing civil aerospace industry in China, saying, "We believe China will deliver its first narrow body aircraft in 5-8 years, and its first domestically produced aero engine and its first wide body aircraft in 10-20 years. This is a longer-term concern for Western air-framers and their suppliers but is an issue they are considering now."
China now accounts for about 15 percent of the annual deliveries of large aircraft from manufacturers Boeing and Airbus. This is estimated to grow to 20 percent over the next couple of decades, as China is looking to acquire about 4,00 new large commercial planes during that time.
The growing middle class in China is the fuel behind the growing travel demand.
Other companies mentioned by Goldman that they like are Safran, MTU, Cathay Pacific, China Eastern, and Shanghai International Airport.
Goldman mentioned they had underestimated the growing civil aerospace industry in China, saying, "We believe China will deliver its first narrow body aircraft in 5-8 years, and its first domestically produced aero engine and its first wide body aircraft in 10-20 years. This is a longer-term concern for Western air-framers and their suppliers but is an issue they are considering now."
China now accounts for about 15 percent of the annual deliveries of large aircraft from manufacturers Boeing and Airbus. This is estimated to grow to 20 percent over the next couple of decades, as China is looking to acquire about 4,00 new large commercial planes during that time.
The growing middle class in China is the fuel behind the growing travel demand.
Other companies mentioned by Goldman that they like are Safran, MTU, Cathay Pacific, China Eastern, and Shanghai International Airport.
Thursday, April 14, 2011
Can (CAT) (TXT) (UTX) (ETN) (HON) (GE) Meet Expectations?
As evidenced by the recent 6 percent plunge in share price of Alcoa (NYSE:AA), even after beating expectations, U.S. manufacturers such as General Electric Co (NYSE:GE), Caterpillar Inc (NYSE:CAT) and Textron Inc (NYSE:TXT), United Technologies Corp (NYSE:UTX), Eaton Corp (NYSE:ETN) and Honeywell International Inc (NYSE:HON) will be under pressure to perform as investors remain jittery about the economy.
Growth has been decent over the last year, but the artificial stimulation coming from quantitative easing is about to end, and questions of whether or not the companies can sustain themselves are already on the periphery of the minds of investors.
There is uncertainty about the sustainability of the so-called recovery around the world, and with so many negative catalysts creating economic pressure, it's no a surety by any means manufacturers will continue to grow at the level they recently have.
Manufacturers will also have to deal with recent success as well, which appears to be slowing in growth, which will weigh on the stocks if there aren't positive catalysts to balance off the negative.
In other words, it's going to be hard to impress shareholders going forward, and that will probably pressure many manufacturer share prices.
Growth has been decent over the last year, but the artificial stimulation coming from quantitative easing is about to end, and questions of whether or not the companies can sustain themselves are already on the periphery of the minds of investors.
There is uncertainty about the sustainability of the so-called recovery around the world, and with so many negative catalysts creating economic pressure, it's no a surety by any means manufacturers will continue to grow at the level they recently have.
Manufacturers will also have to deal with recent success as well, which appears to be slowing in growth, which will weigh on the stocks if there aren't positive catalysts to balance off the negative.
In other words, it's going to be hard to impress shareholders going forward, and that will probably pressure many manufacturer share prices.
Wednesday, April 13, 2011
Arrogant GE (GE) Refuses to Halt 2nd F-35 Jet Engine
GE spokesman Rick Kennedy said in a statement, "We will work closely with our congressional supporters to bring competing JSF engines to the fiscal 2012 budget process."
"With the development program nearly complete, we have no intention of abandoning this engine."
In an unproven and dubious statement, Kennedy added that House and Senate leaders were encouraging the company to continue the battle, saying lawmakers would look at the issue again in the fiscal 2012 budget.
As the Pentagon said, this is "a waste of taxpayer money that can be used to fund higher departmental priorities."
United Technologies Corp (NYSE:UTX) unit Pratt & Whitney responded to General Electric allegations it had cost overruns of $3.4 billion, saying $2.7 billion of that was from changes in requirements by the Pentagon; an assertion the Pentagon doesn't deny.
General Electric is also attempting to make it look like they are victims of the government in that the initiative was encouraged by lawmakers for General Electric to start work on the second engine. The problem is, of course, is the Pentagon has said for five years they don't want it. What part of no and taxpayer was doesn't no-tax-paying General Electric get?
General Electric has gone to way of government projects which offer tax breaks as their major focus, probably the reason they've performed for miserably under CEO Jeffrey Immelt.
Maybe General Electric needs to get some swagger back again by competing in markets not guaranteed by taxpayer dollars and subsidies, as it may find they have to actually work at generating revenue and earnings, not have it handed to them on a silver platter by its lawmaking buddies.
General Electric closed Tuesday at $20.01, falling $0.17, or 0.84 percent.
Monday, April 11, 2011
Boeing (BA) (GE) (UTX) and Middle East Unrest
A report from Bloomberg earlier in the day that 40 percent of estimated orders from Airbus could be wiped out from unrest in the Middle East, misses another big part of the picture, and that is the negative effect it would also have on Boeing (NYSE:BA), and by extension, Boeing suppliers like General Electric (NYSE:GE) and United Technologies (NYSE:UTX).
While it's likely changes in government in Egypt and Tunisia, and possibly in Yemen, Syria, Bahrain, and Libya, could hurt Airbus's short-term performance. Boeing (NYSE:BA) investors specifically (and those in related plays on Boeing suppliers such as General Electric and United Technologies, should also keep in mind that bad news for Airbus isn't necessarily great news for Boeing, since the U.S. aerospace giant is looking for big orders in Arabia as well.
The bottom line is the unrest isn't good news for aircraft producers and their suppliers, although some, like Airbus, could be impacted in the short term more than others.
Boeing was trading at $73.80, gaining $0.33, or 0.45 percent, as of 1:41 PM EDT.
While it's likely changes in government in Egypt and Tunisia, and possibly in Yemen, Syria, Bahrain, and Libya, could hurt Airbus's short-term performance. Boeing (NYSE:BA) investors specifically (and those in related plays on Boeing suppliers such as General Electric and United Technologies, should also keep in mind that bad news for Airbus isn't necessarily great news for Boeing, since the U.S. aerospace giant is looking for big orders in Arabia as well.
The bottom line is the unrest isn't good news for aircraft producers and their suppliers, although some, like Airbus, could be impacted in the short term more than others.
Boeing was trading at $73.80, gaining $0.33, or 0.45 percent, as of 1:41 PM EDT.
Thursday, March 31, 2011
Pratt & Whitney (UTX) in 300 Engine Deal
United Technologies Corp.'s (NYSE:UTX) Pratt & Whitney announced it has landed a deal with Indian budget airline IndiGo for 300 engines.
Pratt & Whitney president David Hess noted, "The backlog keeps getting bigger. And we better start cranking up the test program and get these engines through development and into production and out to our customers."
He said the deal with IndiGo confirms the strong demand for its new engine, which has been in development for over 2 decades.
United Technologies Corp. has spent over $1 billion during that time of development of the engine, which increases fuel efficiency while cutting back on noise.
"This new engine and this application here is going to give us the ability to start to take back share in the large commercial engine business," Hess concluded.
United Technologies was trading at $84.87, gaining $0.64, or 0.76 percent, as of 1:25 PM EDT.
Pratt & Whitney president David Hess noted, "The backlog keeps getting bigger. And we better start cranking up the test program and get these engines through development and into production and out to our customers."
He said the deal with IndiGo confirms the strong demand for its new engine, which has been in development for over 2 decades.
United Technologies Corp. has spent over $1 billion during that time of development of the engine, which increases fuel efficiency while cutting back on noise.
"This new engine and this application here is going to give us the ability to start to take back share in the large commercial engine business," Hess concluded.
United Technologies was trading at $84.87, gaining $0.64, or 0.76 percent, as of 1:25 PM EDT.
Thursday, March 24, 2011
Bombardier (BBD) in Marketing Deal with China's Comac
Bombardier (TSE:BBD) announced today it is partnering with Chinese aircraft maker Commercial Aircraft Corp. of China Ltd., or Comac, to cross-market their new, separate, single-aisle narrow-body jets in emerging and mature markets.
Bombardier, the No. 3 plane maker behind Boeing Co. (NYSE:BA) and Airbus, plans to debut its 100 seat-149 seat CSeries aircraft in 2013, while Comac is aiming to put its larger, 168 seat-190-seat C919 narrow-body into service in 2016.
The move could help the company secure orders in the Chinese market, said Scott Rattee, an analyst at Stonecap Securities Inc. in Toronto.
No definitive agreement with Comac has been signed yet, a Bombardier spokeswoman said.
"It's the first step to subsequent agreements," she said.
Earlier this month, Bombardier signed an $8 billion aircraft-leasing agreement with ICBC Financial Leasing Co. and ICBC's major shareholder, Industrial Commercial Bank of China.
China, the world's most populous country, is reshaping the global aerospace industry's balance of power. China expects air traffic to grow quickly in coming years, with plane makers expecting the country to require thousands of commercial jets in the next two decades. While China has sought to compete with foreign jet makers, as it is doing with the C919, it also continues to buy lots of foreign-made planes.
The country has lined up a heavyweight list of Western partners for its C919, including General Electric Co. (NYSE:G), United Technologies Corp. (NYSE:UTX) and Rockwell Collins Inc. (NYSE:COL). The project is widely seen as a test run for larger and more advanced jets that might attract overseas buyers.
Source
Bombardier, the No. 3 plane maker behind Boeing Co. (NYSE:BA) and Airbus, plans to debut its 100 seat-149 seat CSeries aircraft in 2013, while Comac is aiming to put its larger, 168 seat-190-seat C919 narrow-body into service in 2016.
The move could help the company secure orders in the Chinese market, said Scott Rattee, an analyst at Stonecap Securities Inc. in Toronto.
No definitive agreement with Comac has been signed yet, a Bombardier spokeswoman said.
"It's the first step to subsequent agreements," she said.
Earlier this month, Bombardier signed an $8 billion aircraft-leasing agreement with ICBC Financial Leasing Co. and ICBC's major shareholder, Industrial Commercial Bank of China.
China, the world's most populous country, is reshaping the global aerospace industry's balance of power. China expects air traffic to grow quickly in coming years, with plane makers expecting the country to require thousands of commercial jets in the next two decades. While China has sought to compete with foreign jet makers, as it is doing with the C919, it also continues to buy lots of foreign-made planes.
The country has lined up a heavyweight list of Western partners for its C919, including General Electric Co. (NYSE:G), United Technologies Corp. (NYSE:UTX) and Rockwell Collins Inc. (NYSE:COL). The project is widely seen as a test run for larger and more advanced jets that might attract overseas buyers.
Source
Tuesday, March 22, 2011
Spirit AeroSystems (SPR) (UTX) HON) (GE) to Benefit from Boeing (BA) Decision
Although Boeing (NYSE:BA) has yet to make a final decision on whether or not to boost its production rate on its 737 single-aisle transport aircraft, they recently said they are taking a serious look at the possibility, with suppliers like Spirit AeroSystems (NYSE:SPR), United Technologies (NYSE:UTX), General Electric (NYSE:GE) and Honeywell (NYSE:HON) sure to benefit from it.
The reason for the close look by Boeing is the strong demand for the 737, with the current backlog of the company expanding out to seven years.
Add to that the probability a deal will be made with Ryanair (NASDAQ:RYAAY) which would would add another 200 planes to the backlog, and you understand why President Jim Albaugh says the time-frame is simply "too big."
Boeing closed Monday at $69.10, up $2.10, or 3.04 percent.
The reason for the close look by Boeing is the strong demand for the 737, with the current backlog of the company expanding out to seven years.
Add to that the probability a deal will be made with Ryanair (NASDAQ:RYAAY) which would would add another 200 planes to the backlog, and you understand why President Jim Albaugh says the time-frame is simply "too big."
Boeing closed Monday at $69.10, up $2.10, or 3.04 percent.
Friday, March 4, 2011
Caterpillar (CAT), 3M (MMM), United Tech (UTX), Emerson Electric (EMR) Jump on Weak US Dollar
The falling value of the U.S. dollar will continue to reap benefits for U.S. export companies like Caterpillar (NYSE:CAT), 3M (NYSE:MMM), United Tech (NYSE:UTX) and Emerson Electric (NYSE:EMR), especially when its coupled with strong demand for the products they make.
As long as the demand is there, which in the case of Caterpillar will be for years in a very targeted market, investors can watch the behavior of the U.S. dollar against significant currencies to gauge the impact on the earnings of the stocks.
Those with a wider range of products are a little harder to follow, as they are spread across numerous currencies and countries, and are much more demanding as to the overall impact on the bottom line.
Either way, if the U.S. dollar weakens, we can watch the major markets a company serves and can make calculations in regard to the greenback like that.
United Technologies closed Thursday at $83.85, gaining $1.80, or 2.19 percent. Emerson Electric closed at $60.53, up $1.61, or 2.73 percent. 3M closed the day at $92.81, rising $1.49, or 1.63 percent. Caterpillar closed at $104.25, gaining $3.28, or 3.25 percent.
As long as the demand is there, which in the case of Caterpillar will be for years in a very targeted market, investors can watch the behavior of the U.S. dollar against significant currencies to gauge the impact on the earnings of the stocks.
Those with a wider range of products are a little harder to follow, as they are spread across numerous currencies and countries, and are much more demanding as to the overall impact on the bottom line.
Either way, if the U.S. dollar weakens, we can watch the major markets a company serves and can make calculations in regard to the greenback like that.
United Technologies closed Thursday at $83.85, gaining $1.80, or 2.19 percent. Emerson Electric closed at $60.53, up $1.61, or 2.73 percent. 3M closed the day at $92.81, rising $1.49, or 1.63 percent. Caterpillar closed at $104.25, gaining $3.28, or 3.25 percent.
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