Mediolanum Worldwide Funds Ltd raised its place in shares of RTX Co. (NYSE:RTX – Free Report) by 6.6% throughout the third quarter, in keeping with the corporate in its most up-to-date 13F submitting with the SEC. The institutional investor owned 29,400 shares of the corporate’s inventory after buying an extra 1,831 shares throughout the quarter. Mediolanum Worldwide Funds Ltd’s holdings in RTX had been price $3,534,000 on the finish of the newest quarter.
Different hedge funds additionally lately made adjustments to their positions within the firm. Briaud Monetary Planning Inc raised its place in RTX by 64.1% within the 2nd quarter. Briaud Monetary Planning Inc now owns 256 shares of the corporate’s inventory price $25,000 after shopping for an extra 100 shares over the past quarter. Lynx Funding Advisory purchased a brand new stake in shares of RTX throughout the second quarter valued at roughly $26,000. Mizuho Securities Co. Ltd. bought a brand new stake in RTX within the 2nd quarter price $32,000. Fairfield Monetary Advisors LTD bought a brand new stake in shares of RTX within the second quarter price about $41,000. Lastly, Stephens Consulting LLC raised its holdings in shares of RTX by 34.1% throughout the 2nd quarter. Stephens Consulting LLC now owns 448 shares of the corporate’s inventory price $45,000 after buying an extra 114 shares within the final quarter. 86.50% of the inventory is at present owned by institutional traders.
RTX Inventory Efficiency
Shares of RTX opened at $125.16 on Friday. The inventory has a market capitalization of $166.40 billion, a P/E ratio of 49.08, a P/E/G 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 1 12 months low of $77.76 and a 1 12 months excessive of $128.70. The corporate’s fifty day shifting common is $121.74 and its two-hundred day shifting common is $111.35.
RTX (NYSE:RTX – Get Free Report) final issued its earnings outcomes on Tuesday, October twenty second. The corporate reported $1.45 EPS for the quarter, topping the consensus estimate of $1.34 by $0.11. RTX had a internet margin of 5.97% and a return on fairness of 11.96%. The corporate had income of $20.09 billion for the quarter, in comparison with analyst estimates of $19.84 billion. Throughout the identical interval within the earlier 12 months, the agency earned $1.25 EPS. The enterprise’s income was up 6.0% on a year-over-year foundation. On common, sell-side analysts predict that RTX Co. will submit 5.5 earnings per share for the present 12 months.
RTX Dividend Announcement
The agency additionally lately introduced a quarterly dividend, which will probably be paid on Thursday, December twelfth. Shareholders of file on Friday, November fifteenth will probably be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, November fifteenth. This represents a $2.52 annualized dividend and a yield of two.01%. RTX’s dividend payout ratio (DPR) is at present 98.82%.
Insiders Place Their Bets
In associated information, VP Amy L. Johnson bought 6,734 shares of the corporate’s inventory in a transaction that occurred on Monday, July twenty ninth. The inventory was bought at a median value of $113.88, for a complete worth of $766,867.92. Following the sale, the vice chairman now owns 12,318 shares of the corporate’s inventory, valued at roughly $1,402,773.84. This represents a 0.00 % lower of their place. The transaction was disclosed in a submitting with the Securities & Change Fee, which could be accessed via this hyperlink. In associated information, VP Amy L. Johnson bought 6,734 shares of the corporate’s inventory in a transaction on Monday, July twenty ninth. The inventory was bought at a median value of $113.88, for a complete worth of $766,867.92. Following the completion of the transaction, the vice chairman now immediately owns 12,318 shares within the firm, valued at roughly $1,402,773.84. This represents a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the SEC, which could be accessed via the SEC web site. Additionally, Chairman Gregory Hayes bought 134,887 shares of the inventory in a transaction dated Wednesday, July thirty first. The inventory was bought at a median 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 roughly $66,725,966.02. The commerce was a 0.00 % lower of their possession of the inventory. The disclosure for this sale could be discovered right here. During the last quarter, insiders bought 145,856 shares of firm inventory price $17,131,253. Insiders personal 0.13% of the corporate’s inventory.
Wall Avenue Analysts Forecast Progress
A number of equities analysis analysts have lately issued reviews on the corporate. Susquehanna raised their value goal on RTX from $140.00 to $150.00 and gave the corporate a “optimistic” score in a analysis word on Wednesday. Alembic International Advisors raised RTX from a “impartial” score to an “obese” score and set a $134.00 value goal on the inventory in a analysis word on Tuesday, July thirtieth. UBS Group raised their goal value on shares of RTX from $126.00 to $133.00 and gave the corporate a “impartial” score in a analysis report on Wednesday. Melius Analysis lifted their value goal on RTX from $490.00 to $493.00 in a report on Wednesday, July twenty fourth. Lastly, Wells Fargo & Firm decreased their value goal on shares of RTX from $491.00 to $467.00 and set an “equal weight” score for the corporate in a analysis word on Wednesday, July twenty fourth. One analyst has rated the inventory with a promote score, ten have issued a maintain score, 5 have given a purchase score and one has issued a robust purchase score to the corporate. In accordance with knowledge from MarketBeat, the inventory at present has a consensus score of “Maintain” and a consensus value goal of $168.56.
Verify Out Our Newest Inventory Report on RTX
RTX Profile
RTX Company, an aerospace and protection firm, gives methods and companies for the business, navy, and authorities clients in america and internationally. It operates via three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Programs section presents aerospace and protection merchandise, and aftermarket service options for civil and navy plane producers and business airways, in addition to regional, enterprise, and common aviation, protection, and business area operations.
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