Savant Capital LLC Acquires 8,464 Shares of RTX Corporation $RTX

Savant Capital LLC grew its holdings in shares of RTX Corporation (NYSE:RTXFree Report) by 6.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 134,400 shares of the company’s stock after acquiring an additional 8,464 shares during the quarter. Savant Capital LLC’s holdings in RTX were worth $22,489,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of RTX. Vanguard Group Inc. raised its position in shares of RTX by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock valued at $17,825,353,000 after buying an additional 2,238,247 shares in the last quarter. State Street Corp raised its position in RTX by 0.5% during the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after purchasing an additional 552,009 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of RTX by 4.2% in the 2nd quarter. Fisher Asset Management LLC now owns 20,599,190 shares of the company’s stock worth $3,007,894,000 after purchasing an additional 837,268 shares in the last quarter. Norges Bank bought a new position in shares of RTX during the 2nd quarter valued at about $2,359,602,000. Finally, Massachusetts Financial Services Co. MA lifted its position in RTX by 9.3% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock worth $2,330,215,000 after buying an additional 1,361,071 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Up 1.4%

NYSE RTX opened at $203.95 on Wednesday. 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 stock has a market capitalization of $273.45 billion, a PE ratio of 41.12, a PEG ratio of 2.92 and a beta of 0.43. RTX Corporation has a 1 year low of $112.27 and a 1 year high of $205.36. The business’s 50-day moving average is $186.22 and its 200 day moving average is $171.43.

RTX (NYSE:RTXGet Free Report) last released its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a return on equity of 13.08% and a net margin of 7.60%.The business had revenue of $24.24 billion during the quarter, compared to analyst estimates of $22.65 billion. During the same quarter in the prior year, the company posted $1.54 EPS. RTX’s quarterly revenue was up 12.1% compared to the same quarter last year. 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 year.

Wall Street Analysts Forecast Growth

RTX has been the topic of a number of recent research reports. Vertical Research reiterated a “buy” rating and set a $227.00 price target on shares of RTX in a research report on Tuesday, January 27th. TD Cowen reaffirmed a “buy” rating on shares of RTX in a report on Tuesday, January 27th. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Citigroup increased their target price on RTX from $211.00 to $227.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of RTX in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $198.89.

Read Our Latest Stock Report on RTX

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

About RTX

(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.