RTX Corporation $RTX Stock Holdings Lifted by International Private Wealth Advisors LLC

International Private Wealth Advisors LLC boosted its holdings in shares of RTX Corporation (NYSE:RTX) by 32.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,402 shares of the company’s stock after acquiring an additional 3,007 shares during the period. International Private Wealth Advisors LLC’s holdings in RTX were worth $2,302,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. First Command Advisory Services Inc. lifted its holdings in RTX by 15.8% in the 3rd quarter. First Command Advisory Services Inc. now owns 9,877 shares of the company’s stock valued at $1,834,000 after purchasing an additional 1,347 shares in the last quarter. Silver Grove Financial Group Inc. boosted its holdings in RTX by 13.0% in the third quarter. Silver Grove Financial Group Inc. now owns 1,055 shares of the company’s stock valued at $196,000 after acquiring an additional 121 shares during the last quarter. Northbridge Financial Group LLC increased its position in RTX by 6.0% during the 3rd quarter. Northbridge Financial Group LLC now owns 3,403 shares of the company’s stock worth $624,000 after purchasing an additional 194 shares in the last quarter. Brooklyn FI LLC increased its position in shares of RTX by 892.4% in the third quarter. Brooklyn FI LLC now owns 1,310 shares of the company’s stock worth $260,000 after acquiring an additional 1,178 shares in the last quarter. Finally, Moneco Advisors LLC lifted its stake in shares of RTX by 0.4% during the third quarter. Moneco Advisors LLC now owns 32,401 shares of the company’s stock worth $6,015,000 after purchasing an additional 117 shares in the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

More RTX News

Here’s some of the latest news about RTX:

• Positive Sentiment: Cash-flow outlook: A report says RTX expects margin expansion and cash-flow growth in 2027, which could support future earnings and shareholder returns. RTX margin and cash-flow outlook
• Positive Sentiment: Defense demand: RTX’s Raytheon completed a third flight test of a U.S. Army training rocket. Separately, an RTX plan could raise Tomahawk and AMRAAM missile production substantially by 2030, pointing to potential program growth. Rocket flight test report Missile production report
• Neutral Sentiment: Valuation remains a consideration: RTX has substantially outperformed over the past three years, prompting questions about whether its share price is justified by expected cash flows. The positive growth outlook is balanced by a premium valuation.

Insider Buying and Selling

In other RTX news, EVP Dantaya Williams sold 9,071 shares of RTX stock in a transaction on Friday, October 30th. The shares were sold at an average price of $201.70, for a total transaction of $1,829,620.70. Following the completion of the sale, the executive vice president owned 16,930 shares of the company’s stock, valued at $3,414,781. This trade represents a 34.89% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Ramsaran Maharajh sold 13,655 shares of RTX stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the sale, the executive vice president directly owned 13,184 shares of the company’s stock, valued at $2,952,161.28. This trade represents a 50.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by corporate insiders.

RTX Trading Up 0.5%

Shares of NYSE RTX opened at $201.37 on Thursday. The company has a current ratio of 1.05, a quick ratio of 0.81 and a debt-to-equity ratio of 0.44. RTX Corporation has a one year low of $166.74 and a one year high of $226.88. The business has a 50-day moving average price of $192.93 and a two-hundred day moving average price of $195.57. The firm has a market capitalization of $271.74 billion, a PE ratio of 32.69, a PEG ratio of 2.22 and a beta of 0.30.

RTX (NYSE:RTX) last posted its quarterly earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.78 by $0.48. The business had revenue of $24.96 billion during the quarter, compared to analyst estimates of $24.11 billion. RTX had a net margin of 8.75% and a return on equity of 14.89%. The firm’s revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.70 earnings per share. As a group, analysts predict that RTX Corporation will post 7.73 earnings per share for the current fiscal year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 20th will be given a $0.73 dividend. The ex-dividend date is Friday, November 20th. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. RTX’s dividend payout ratio is presently 47.40%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on RTX shares. JPMorgan Chase & Co. raised their price target on shares of RTX from $215.00 to $240.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Rothschild & Co Redburn lifted their price target on RTX from $180.00 to $215.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Royal Bank Of Canada dropped their price target on RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. BNP Paribas Exane raised their target price on RTX from $220.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, July 24th. Finally, TD Cowen decreased their price target on RTX from $240.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $231.24.

RTX Profile

RTX Corporation is an aerospace and defense company whose businesses include Collins Aerospace, Pratt & Whitney and Raytheon. The company serves commercial aviation, military and government customers around the world. Collins Aerospace develops aircraft systems and components, including avionics, communications, flight controls and cabin equipment. Pratt & Whitney designs and manufactures aircraft engines and provides related maintenance services. Raytheon develops defense systems and technologies, including air and missile defense, sensors and precision weapons.