Impression Partnership Wealth LLC bought a brand new place in shares of RTX Co. (NYSE:RTX – Free Report) within the third quarter, in response to its most up-to-date Type 13F submitting with the Securities & Alternate Fee. The institutional investor bought 1,920 shares of the corporate’s inventory, valued at roughly $233,000.
A number of different giant buyers have additionally just lately added to or decreased their stakes within the firm. Capital Analysis World Traders grew its place in RTX by 4.2% in the course of the first quarter. Capital Analysis World Traders now owns 94,191,735 shares of the corporate’s inventory price $9,186,520,000 after shopping for an extra 3,761,246 shares in the course of the interval. Capital Worldwide Traders grew its place in RTX by 4.8% in the course of the first quarter. Capital Worldwide Traders now owns 68,394,575 shares of the corporate’s inventory price $6,670,523,000 after shopping for an extra 3,161,165 shares in the course of the interval. Marshall Wace LLP grew its place in RTX by 1,247.1% in the course of the second quarter. Marshall Wace LLP now owns 2,053,706 shares of the corporate’s inventory price $206,172,000 after shopping for an extra 1,901,256 shares in the course of the interval. Worldwide Belongings Funding Administration LLC grew its place in RTX by 11,235.6% in the course of the third quarter. Worldwide Belongings Funding Administration LLC now owns 1,701,013 shares of the corporate’s inventory price $206,095,000 after shopping for an extra 1,686,007 shares in the course of the interval. Lastly, Hsbc Holdings PLC grew its place in RTX by 47.9% in the course of the second quarter. Hsbc Holdings PLC now owns 2,448,780 shares of the corporate’s inventory price $246,300,000 after shopping for an extra 792,830 shares in the course of the interval. 86.50% of the inventory is owned by hedge funds and different institutional buyers.
RTX Inventory Down 1.6 %
RTX inventory opened at $125.18 on Friday. The inventory has a market capitalization of $166.52 billion, a P/E ratio of 35.77, a PEG ratio of two.21 and a beta of 0.82. The corporate has a debt-to-equity ratio of 0.62, a fast ratio of 0.73 and a present ratio of 0.99. RTX Co. has a one 12 months low of $77.76 and a one 12 months excessive of $128.70. The corporate has a 50 day transferring common value of $121.59 and a two-hundred day transferring common value of $111.12.
RTX (NYSE:RTX – Get Free Report) final introduced its quarterly earnings outcomes on Tuesday, October twenty second. The corporate reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.11. The corporate had income of $20.09 billion for the quarter, in comparison with analyst estimates of $19.84 billion. RTX had a internet margin of 5.97% and a return on fairness of 11.96%. RTX’s income for the quarter was up 6.0% on a year-over-year foundation. Throughout the identical quarter final 12 months, the enterprise earned $1.25 EPS. As a bunch, sell-side analysts count on that RTX Co. will publish 5.5 EPS for the present 12 months.
RTX Dividend Announcement
The enterprise additionally just lately declared a quarterly dividend, which will likely be paid on Thursday, December twelfth. Shareholders of document on Friday, November fifteenth will likely be issued a $0.63 dividend. The ex-dividend date is Friday, November fifteenth. This represents a $2.52 dividend on an annualized foundation and a dividend yield of two.01%. RTX’s dividend payout ratio (DPR) is presently 72.00%.
Analysts Set New Value Targets
A number of analysis analysts have weighed in on RTX shares. UBS Group upped their goal value on shares of RTX from $126.00 to $133.00 and gave the inventory a “impartial” ranking in a analysis report on Wednesday. Morgan Stanley elevated their value goal on shares of RTX from $120.00 to $130.00 and gave the corporate an “equal weight” ranking in a analysis report on Wednesday. Alembic World Advisors upgraded shares of RTX from a “impartial” ranking to an “chubby” ranking and set a $134.00 value goal on the inventory in a analysis report on Tuesday, July thirtieth. JPMorgan Chase & Co. elevated their value goal on shares of RTX from $110.00 to $130.00 and gave the corporate an “chubby” ranking in a analysis report on Monday, July twenty ninth. Lastly, Wells Fargo & Firm lowered their value goal on shares of RTX from $491.00 to $467.00 and set an “equal weight” ranking on the inventory in a analysis report on Wednesday, July twenty fourth. One analyst has rated the inventory with a promote ranking, ten have given a maintain ranking, 5 have given a purchase ranking and one has assigned a powerful purchase ranking to the inventory. Based on information from MarketBeat.com, the corporate at the moment has a consensus ranking of “Maintain” and a mean goal value of $168.56.
Learn Our Newest Analysis Report on RTX
Insider Shopping for and Promoting at RTX
In different RTX information, CEO Christopher T. Calio offered 4,235 shares of RTX inventory in a transaction on Monday, July twenty ninth. The shares have been offered at a mean value of $114.00, for a complete worth of $482,790.00. Following the transaction, the chief government officer now owns 88,509 shares within the firm, valued at $10,090,026. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is on the market via this hyperlink. In associated information, CEO Christopher T. Calio offered 4,235 shares of RTX inventory in a transaction on Monday, July twenty ninth. The shares have been offered at a mean value of $114.00, for a complete transaction of $482,790.00. Following the transaction, the chief government officer now owns 88,509 shares within the firm, valued at roughly $10,090,026. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a authorized submitting with the SEC, which could be accessed via this hyperlink. Additionally, Chairman Gregory Hayes offered 134,887 shares of RTX inventory in a transaction on Wednesday, July thirty first. The shares have been offered at a mean value of $117.74, for a complete transaction of $15,881,595.38. Following the transaction, the chairman now owns 566,723 shares within the firm, valued at $66,725,966.02. The commerce was a 0.00 % lower of their place. The disclosure for this sale could be discovered right here. Insiders have offered a complete of 145,856 shares of firm inventory price $17,131,253 within the final quarter. 0.13% of the inventory is owned by insiders.
About RTX
RTX Company, an aerospace and protection firm, gives methods and providers for the industrial, army, and authorities prospects in the US and internationally. It operates via three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Techniques section gives aerospace and protection merchandise, and aftermarket service options for civil and army plane producers and industrial airways, in addition to regional, enterprise, and normal aviation, protection, and industrial house operations.
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