RFG Advisory LLC Sells 3,550 Shares of RTX Corporation $RTX

RFG Advisory LLC reduced its holdings in shares of RTX Corporation (NYSE:RTXFree Report) by 16.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,606 shares of the company’s stock after selling 3,550 shares during the quarter. RFG Advisory LLC’s holdings in RTX were worth $2,946,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of RTX. Roman Butler Fullerton & Co. raised its holdings in RTX by 58.0% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 13,386 shares of the company’s stock valued at $2,361,000 after acquiring an additional 4,913 shares during the period. Lantz Financial LLC grew its position in shares of RTX by 3.3% in the third quarter. Lantz Financial LLC now owns 3,462 shares of the company’s stock valued at $579,000 after purchasing an additional 112 shares in the last quarter. German American Bancorp Inc. raised its stake in shares of RTX by 10.8% during the 3rd quarter. German American Bancorp Inc. now owns 69,696 shares of the company’s stock valued at $11,662,000 after purchasing an additional 6,813 shares during the period. MCF Advisors LLC lifted its holdings in RTX by 7.7% during the 3rd quarter. MCF Advisors LLC now owns 10,565 shares of the company’s stock worth $1,768,000 after purchasing an additional 756 shares in the last quarter. Finally, Lowe Brockenbrough & Co. Inc. lifted its holdings in RTX by 2.7% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 84,892 shares of the company’s stock worth $14,205,000 after purchasing an additional 2,220 shares in the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX Trading Down 1.2%

Shares of RTX opened at $196.26 on Tuesday. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $206.48. The company has a market capitalization of $263.14 billion, a P/E ratio of 39.57, a P/E/G ratio of 2.87 and a beta of 0.43. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The firm’s 50 day simple moving average is $188.19 and its 200 day simple moving average is $172.66.

RTX (NYSE:RTXGet Free Report) last released its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.08. The business had revenue of $24.24 billion during the quarter, compared to analysts’ expectations of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.54 EPS. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Sell-side analysts forecast that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Friday, February 20th will be given a dividend of $0.68 per share. The ex-dividend date is Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a yield of 1.4%. RTX’s dividend payout ratio (DPR) is presently 54.84%.

Analyst Ratings Changes

A number of research firms have weighed in on RTX. JPMorgan Chase & Co. lifted their target price on RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. UBS Group reaffirmed a “neutral” rating on shares of RTX in a research note on Wednesday, January 28th. TD Cowen reaffirmed a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Jefferies Financial Group reiterated a “hold” rating and issued a $225.00 target price on shares of RTX in a research note on Wednesday, January 28th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $204.00 price target on shares of RTX in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $199.50.

View Our Latest Report on RTX

Key RTX News

Here are the key news stories impacting RTX this week:

RTX Company Profile

(Free Report)

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.

Recommended Stories

Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTXFree Report).

Institutional Ownership by Quarter for RTX (NYSE:RTX)

Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.