Orleans Capital Management Corpla buys $2,818,753 stake in United Technologies Corporation (UTX)

United Technologies Corporation (UTX) : Orleans Capital Management Corpla scooped up 667 additional shares in United Technologies Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 25,891 shares of United Technologies Corporation which is valued at $2,818,753.United Technologies Corporation makes up approximately 1.94% of Orleans Capital Management Corpla’s portfolio.

Other Hedge Funds, Including , Highbridge Capital Management added UTX to its portfolio by purchasing 18,269 company shares during the most recent quarter which is valued at $1,988,946. United Technologies Corporation makes up approx 0.05% of Highbridge Capital Management’s portfolio.Df Dent Co Inc reduced its stake in UTX by selling 400 shares or 8.68% in the most recent quarter. The Hedge Fund company now holds 4,210 shares of UTX which is valued at $458,343. United Technologies Corporation makes up approx 0.01% of Df Dent Co Inc’s portfolio.Tci Wealth Advisors boosted its stake in UTX in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 2,510 shares of United Technologies Corporation which is valued at $274,042. United Technologies Corporation makes up approx 0.15% of Tci Wealth Advisors’s portfolio.Tocqueville Asset Management boosted its stake in UTX in the latest quarter, The investment management firm added 6,273 additional shares and now holds a total of 139,530 shares of United Technologies Corporation which is valued at $15,020,405. United Technologies Corporation makes up approx 0.19% of Tocqueville Asset Management’s portfolio.Sabal Trust Co boosted its stake in UTX in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 7,495 shares of United Technologies Corporation which is valued at $806,837. United Technologies Corporation makes up approx 0.09% of Sabal Trust Co’s portfolio.

United Technologies Corporation closed down -0.16 points or -0.15% at $105.85 with 2,524,173 shares getting traded on Wednesday. Post opening the session at $105.72, the shares hit an intraday low of $105.29 and an intraday high of $106.29 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, United Technologies Corporation reported $1.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $1.68. The company had revenue of $14874.00 million for the quarter, compared to analysts expectations of $14692.67 million. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.81 EPS.

United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries across the world. The Company operates through five segments: Otis; UTC Climate Controls & Security; Pratt & Whitney; UTC Aerospace Systems and Sikorsky. Otis designs manufactures sells and installs a range of passenger and freight elevators for low- medium- and high-speed applications as well as a line of escalators and moving walkways. UTC Climate Controls & Security is a provider of heating ventilating air conditioning (HVAC) and refrigeration solutions. Pratt & Whitney segment supplies aircraft engines for the commercial military business jet and general aviation markets. UTC Aerospace Systems is a global provider of technologically advanced aerospace products and aftermarket service solutions. Its Sikorsky segment manufactures military and commercial helicopters and also provides aftermarket helicopter and aircraft parts and services.

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