Guyasuta Investment Advisors Inc. Has $2.14 Million Stake in RTX Corporation $RTX

Guyasuta Investment Advisors Inc. lowered its position in RTX Corporation (NYSE:RTX) by 3.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,680 shares of the company’s stock after selling 574 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in RTX were worth $2,144,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. PFS Partners LLC grew its stake in RTX by 101.1% during the second quarter. PFS Partners LLC now owns 177 shares of the company’s stock worth $26,000 after buying an additional 89 shares in the last quarter. MorganRosel Wealth Management LLC acquired a new stake in shares of RTX in the 1st quarter valued at approximately $26,000. Summit Securities Group LLC acquired a new stake in shares of RTX in the 1st quarter valued at approximately $40,000. McClarren Financial Advisors Inc. acquired a new stake in RTX during the 1st quarter worth approximately $44,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in RTX during the 1st quarter worth approximately $50,000. 86.50% of the stock is owned by institutional investors.

RTX Trading Up 1.9%

RTX stock opened at $163.50 on Friday. The stock has a 50-day moving average of $156.93 and a two-hundred day moving average of $142.75. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.75 and a current ratio of 1.01. RTX Corporation has a one year low of $112.27 and a one year high of $165.35. The stock has a market cap of $218.85 billion, a PE ratio of 35.93, a price-to-earnings-growth ratio of 3.01 and a beta of 0.67.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, July 22nd. The company reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.11. RTX had a return on equity of 12.89% and a net margin of 7.35%.The firm had revenue of $21.58 billion during the quarter, compared to analysts’ expectations of $20.68 billion. During the same period last year, the business posted $1.41 earnings per share. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. RTX has set its FY 2025 guidance at 5.800-5.950 EPS. On average, research analysts anticipate that RTX Corporation will post 6.11 EPS for the current fiscal year.

Insider Activity

In related news, insider Troy D. Brunk sold 7,654 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $155.20, for a total value of $1,187,900.80. Following the completion of the transaction, the insider directly owned 16,442 shares of the company’s stock, valued at approximately $2,551,798.40. This represents a 31.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Shane G. Eddy sold 25,968 shares of the business’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $159.79, for a total value of $4,149,426.72. The disclosure for this sale can be found here. Insiders sold 56,635 shares of company stock valued at $8,947,010 in the last three months. Company insiders own 0.15% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on RTX shares. Barclays raised their price target on shares of RTX from $130.00 to $153.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 29th. Citigroup upped their price target on RTX from $148.00 to $182.00 and gave the company a “buy” rating in a research report on Monday, July 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $170.00 target price (up previously from $165.00) on shares of RTX in a research note on Wednesday, July 23rd. Susquehanna raised their price objective on RTX from $160.00 to $175.00 and gave the company a “positive” rating in a research report on Wednesday, July 23rd. Finally, UBS Group lifted their price objective on RTX from $166.00 to $177.00 and gave the stock a “buy” rating in a report on Wednesday, July 23rd. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $158.87.

RTX Profile

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.