Sava Infond d.o.o. Purchases 3,000 Shares of RTX Corporation $RTX

Sava Infond d.o.o. grew its position in RTX Corporation (NYSE:RTX) by 25.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,800 shares of the company’s stock after buying an additional 3,000 shares during the period. Sava Infond d.o.o.’s holdings in RTX were worth $2,161,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. MorganRosel Wealth Management LLC bought a new stake in shares of RTX in the 1st quarter valued at about $26,000. PFS Partners LLC boosted its stake in RTX by 101.1% in the 2nd quarter. PFS Partners LLC now owns 177 shares of the company’s stock worth $26,000 after purchasing an additional 89 shares in the last quarter. Summit Securities Group LLC acquired a new stake in RTX in the 1st quarter worth approximately $40,000. McClarren Financial Advisors Inc. acquired a new stake in RTX in the 1st quarter worth approximately $44,000. Finally, Financial Gravity Asset Management Inc. acquired a new stake in RTX in the 1st quarter worth approximately $50,000. 86.50% of the stock is currently owned by institutional investors.

RTX Stock Performance

Shares of NYSE RTX opened at $166.73 on Friday. The company has a current ratio of 1.01, a quick ratio of 0.75 and a debt-to-equity ratio of 0.60. RTX Corporation has a 12 month low of $112.27 and a 12 month high of $168.28. The company has a 50 day simple moving average of $158.18 and a two-hundred day simple moving average of $143.89. The stock has a market cap of $223.18 billion, a price-to-earnings ratio of 36.64, a PEG ratio of 3.07 and a beta of 0.66.

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

Insider Transactions at RTX

In related news, insider Troy D. Brunk sold 7,654 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were 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 in the company, valued at $2,551,798.40. The trade was a 31.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Philip J. Jasper sold 12,847 shares of the business’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $157.82, for a total transaction of $2,027,513.54. Following the completion of the transaction, the insider owned 17,684 shares of the company’s stock, valued at approximately $2,790,888.88. This represents a 42.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 56,635 shares of company stock worth $8,947,010. Insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on RTX. Royal Bank Of Canada reiterated an “outperform” rating and issued a $170.00 target price (up from $165.00) on shares of RTX in a research note on Wednesday, July 23rd. Citigroup lifted their target price on shares of RTX from $148.00 to $182.00 and gave the stock a “buy” rating in a research note on Monday, July 14th. Wall Street Zen cut shares of RTX from a “buy” rating to a “hold” rating in a research note on Saturday, June 21st. Barclays lifted their target price on shares of RTX from $130.00 to $153.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 29th. Finally, Morgan Stanley lifted their target price on shares of RTX from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 23rd. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $158.87.

About RTX

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.