ORG Companions LLC trimmed its holdings in shares of RTX Co. (NYSE:RTX – Free Report) by 30.7% within the third quarter, in response to its most up-to-date Kind 13F submitting with the Securities and Trade Fee. The agency owned 1,884 shares of the corporate’s inventory after promoting 833 shares throughout the quarter. ORG Companions LLC’s holdings in RTX had been price $228,000 on the finish of the latest quarter.
Different hedge funds and different institutional buyers have additionally added to or diminished their stakes within the firm. RFG Advisory LLC raised its stake in shares of RTX by 96.1% within the first quarter. RFG Advisory LLC now owns 40,354 shares of the corporate’s inventory price $3,936,000 after shopping for an extra 19,779 shares throughout the interval. Manning & Napier Advisors LLC purchased a brand new stake in RTX throughout the 2nd quarter price roughly $30,837,000. Capital Advisors Ltd. LLC lifted its holdings in RTX by 7.3% throughout the first quarter. Capital Advisors Ltd. LLC now owns 2,451 shares of the corporate’s inventory valued at $239,000 after buying an extra 166 shares within the final quarter. O Shaughnessy Asset Administration LLC boosted its place in shares of RTX by 126.9% within the first quarter. O Shaughnessy Asset Administration LLC now owns 175,682 shares of the corporate’s inventory price $17,134,000 after buying an extra 98,248 shares throughout the interval. Lastly, CWM LLC lifted its stake in shares of RTX by 7.2% throughout the 1st quarter. CWM LLC now owns 126,970 shares of the corporate’s inventory valued at $12,383,000 after shopping for an extra 8,493 shares within the final quarter. 86.50% of the inventory is owned by hedge funds and different institutional buyers.
Analysts Set New Value Targets
Numerous equities analysis analysts have issued experiences on the corporate. Wells Fargo & Firm minimize their value goal on RTX from $491.00 to $467.00 and set an “equal weight” ranking for the corporate in a analysis notice on Wednesday, July twenty fourth. Melius Analysis lifted their goal value on RTX from $490.00 to $493.00 in a analysis notice on Wednesday, July twenty fourth. Citigroup upped their value goal on RTX from $122.00 to $132.00 and gave the inventory a “impartial” ranking in a analysis notice on Thursday, October tenth. Robert W. Baird lifted their value goal on shares of RTX from $105.00 to $115.00 and gave the corporate a “impartial” ranking in a analysis report on Friday, July twenty sixth. Lastly, Financial institution of America upgraded shares of RTX from a “impartial” ranking to a “purchase” ranking and upped their goal value for the inventory from $110.00 to $140.00 in a analysis report on Wednesday, July thirty first. One equities analysis analyst has rated the inventory with a promote ranking, ten have issued a maintain ranking, 5 have given a purchase ranking and one has assigned a powerful purchase ranking to the corporate’s inventory. Based on MarketBeat, the corporate presently has a median ranking of “Maintain” and a median value goal of $162.50.
Learn Our Newest Report on RTX
Insiders Place Their Bets
In different information, EVP Dantaya M. Williams bought 17,570 shares of the agency’s inventory in a transaction on Friday, July twenty sixth. The inventory was bought at a median value of $114.87, for a complete transaction of $2,018,265.90. Following the transaction, the manager vp now owns 38,855 shares within the firm, valued at roughly $4,463,273.85. This commerce represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a submitting with the SEC, which is accessible by means of this hyperlink. In different information, CEO Christopher T. Calio bought 4,235 shares of RTX inventory in a transaction on Monday, July twenty ninth. The inventory was bought at a median value of $114.00, for a complete worth of $482,790.00. Following the transaction, the chief government officer now straight owns 88,509 shares within the firm, valued at roughly $10,090,026. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the SEC, which may be accessed by means of this hyperlink. Additionally, EVP Dantaya M. Williams bought 17,570 shares of the corporate’s inventory in a transaction on Friday, July twenty sixth. The inventory was bought at a median value of $114.87, for a complete worth of $2,018,265.90. Following the sale, the manager vp now owns 38,855 shares of the corporate’s inventory, valued at $4,463,273.85. This commerce represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale may be discovered right here. Within the final ninety days, insiders bought 178,333 shares of firm inventory price $20,861,880. 0.13% of the inventory is presently owned by firm insiders.
RTX Inventory Up 0.2 %
NYSE:RTX opened at $124.92 on Wednesday. The corporate has a market cap of $166.08 billion, a price-to-earnings ratio of 48.99, a price-to-earnings-growth ratio of two.18 and a beta of 0.82. RTX Co. has a twelve month low of $72.48 and a twelve month excessive of $126.82. 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 fifty day easy shifting common of $120.26 and a 200-day easy shifting common of $109.96.
RTX (NYSE:RTX – Get Free Report) final launched its quarterly earnings information 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 corporate had income of $19.72 billion throughout the quarter, in comparison with analysts’ expectations of $19.29 billion. RTX had a web margin of three.12% and a return on fairness of 11.37%. The agency’s quarterly income was up 7.7% on a year-over-year foundation. Throughout the identical interval within the earlier yr, the corporate earned $1.29 EPS. Analysts anticipate that RTX Co. will put up 5.46 EPS for the present yr.
RTX Dividend Announcement
The corporate additionally just lately introduced a quarterly dividend, which shall be paid on Thursday, December twelfth. Shareholders of file on Friday, November fifteenth shall be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized foundation and a yield of two.02%. The ex-dividend date of this dividend is Friday, November fifteenth. RTX’s dividend payout ratio (DPR) is presently 98.82%.
RTX Firm Profile
RTX Company, an aerospace and protection firm, gives methods and companies for the business, navy, and authorities prospects in the US and internationally. It operates by means of three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Techniques phase gives aerospace and protection merchandise, and aftermarket service options for civil and navy plane producers and business airways, in addition to regional, enterprise, and basic aviation, protection, and business area operations.
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