United Technologies shares were down on Friday morning after the company released a weak outlook.
Inside the Guidance
FY2014
United Technologies now expects to see FY2014 earnings of $6.80 per share. Previously, UTX expected to see earnings between $6.75 and $6.85 per share. On average, analysts expect the company to report EPS of $6.87.
Sales are expected to about $65 billion, compared to analysts’ estimate of $65.2 billion.
FY2015
The company expects earnings to be between $7.00 and $7.20 per share, while analysts expect to see earnings of $7.27 per share.
Sales are expected to be between $66 billion and $67 billion. Analysts expect sales of $67.5 billion.
Mutual Funds to Watch
For investors seeking a mutual fund investment with exposure to UTX, one of the funds below may be considered. These funds currently hold the largest stakes in UTX.
| Symbol | Mutual Fund | Stake |
|---|---|---|
| VTSMX | Vanguard Total Stock Market Index | 1.58% |
| VFINX | Vanguard 500 Index | 0.98% |
| MEIAX | MFS Value | 0.77% |
The Bottom Line
The funds above are a great way for investors to gain exposure to a diverse bundle of securities and industries. Investors interested in UTX may also be interested in Honeywell (HON) and General Electric (GE).
Shares of UTX have been flat YTD.