EverSource Wealth Advisors LLC raised its place in shares of RTX Co. (NYSE:RTX – Free Report) by 13.0% in the course of the 2nd quarter, in keeping with its most up-to-date disclosure with the Securities & Change Fee. The institutional investor owned 11,926 shares of the corporate’s inventory after shopping for an extra 1,368 shares in the course of the quarter. EverSource Wealth Advisors LLC’s holdings in RTX had been value $1,197,000 on the finish of the latest quarter.
Different giant buyers additionally just lately purchased and offered shares of the corporate. Briaud Monetary Planning Inc lifted its holdings in RTX by 64.1% within the second quarter. Briaud Monetary Planning Inc now owns 256 shares of the corporate’s inventory value $25,000 after buying an extra 100 shares over the past quarter. Lynx Funding Advisory purchased a brand new stake in RTX within the 2nd quarter valued at about $26,000. Mizuho Securities Co. Ltd. acquired a brand new stake in shares of RTX within the second quarter valued at roughly $32,000. Fairman Group LLC acquired a brand new stake in RTX within the 4th quarter valued at roughly $38,000. Lastly, Beaird Harris Wealth Administration LLC boosted its holdings in shares of RTX by 42.2% within the fourth quarter. Beaird Harris Wealth Administration LLC now owns 468 shares of the corporate’s inventory valued at $39,000 after buying an extra 139 shares within the final quarter. Institutional buyers personal 86.50% of the corporate’s inventory.
Analysts Set New Worth Targets
A number of brokerages just lately commented on RTX. Susquehanna boosted their goal value on RTX from $119.00 to $140.00 and gave the inventory a “optimistic” ranking in a report on Friday, July twenty sixth. Melius Analysis lifted their goal value on RTX from $490.00 to $493.00 in a report on Wednesday, July twenty fourth. Wells Fargo & Firm dropped their goal value on shares of RTX from $491.00 to $467.00 and set an “equal weight” ranking on the inventory in a report on Wednesday, July twenty fourth. Royal Financial institution of Canada boosted their value goal on RTX from $102.00 to $115.00 and gave the inventory a “sector carry out” ranking in a report on Friday, July twenty sixth. Lastly, TD Cowen lifted their value goal on shares of RTX from $115.00 to $142.00 and gave the inventory a “purchase” ranking in a analysis report on Friday, July twenty sixth. Two equities analysis analysts have rated the inventory with a promote ranking, 9 have issued a maintain ranking and 6 have given a purchase ranking to the inventory. In accordance with MarketBeat.com, the inventory has a median ranking of “Maintain” and a consensus value goal of $157.31.
Learn Our Newest Report on RTX
RTX Inventory Efficiency
RTX opened at $118.15 on Monday. The inventory’s 50 day easy shifting common is $115.87 and its 200-day easy shifting common is $106.48. The corporate has a present ratio of 0.99, a fast ratio of 0.73 and a debt-to-equity ratio of 0.66. The inventory has a market cap of $157.17 billion, a PE ratio of 46.33, a P/E/G ratio of two.10 and a beta of 0.82. RTX Co. has a 1 yr low of $68.56 and a 1 yr excessive of $123.70.
RTX (NYSE:RTX – Get Free Report) final introduced its quarterly earnings outcomes on Thursday, July twenty fifth. The corporate reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.11. The agency had income of $19.72 billion for the quarter, in comparison with analyst estimates of $19.29 billion. RTX had a internet margin of three.12% and a return on fairness of 11.37%. The enterprise’s income for the quarter was up 7.7% on a year-over-year foundation. Throughout the identical quarter within the earlier yr, the agency posted $1.29 EPS. Promote-side analysts forecast that RTX Co. will submit 5.45 EPS for the present yr.
Insider Transactions at RTX
In different information, VP Amy L. Johnson offered 6,734 shares of the enterprise’s inventory in a transaction that occurred on Monday, July twenty ninth. The inventory was offered at a median value of $113.88, for a complete worth of $766,867.92. Following the transaction, the vp now immediately owns 12,318 shares of the corporate’s inventory, valued at roughly $1,402,773.84. The sale was disclosed in a doc filed with the Securities & Change Fee, which may be accessed by way of this hyperlink. In different information, VP Amy L. Johnson offered 6,734 shares of the agency’s inventory in a transaction on Monday, July twenty ninth. The inventory was offered at a median value of $113.88, for a complete worth of $766,867.92. Following the completion of the sale, the vp now immediately owns 12,318 shares within the firm, valued at $1,402,773.84. The sale was disclosed in a submitting with the SEC, which is accessible by way of this hyperlink. Additionally, insider Shane G. Eddy offered 6,741 shares of RTX inventory in a transaction on Friday, July twenty sixth. The inventory was offered at a median value of $114.76, for a complete transaction of $773,597.16. The disclosure for this sale may be discovered right here. Within the final ninety days, insiders offered 178,333 shares of firm inventory valued at $20,861,880. Company insiders personal 0.13% of the corporate’s inventory.
RTX Firm Profile
RTX Company, an aerospace and protection firm, supplies programs and providers for the business, navy, and authorities clients in the US and internationally. It operates by way of three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Methods phase 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 house operations.
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