PFG Advisors Acquires 3,000 Shares of RTX Corporation $RTX

PFG Advisors lifted its holdings in shares of RTX Corporation (NYSE:RTXFree Report) by 9.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,006 shares of the company’s stock after purchasing an additional 3,000 shares during the quarter. PFG Advisors’ holdings in RTX were worth $5,690,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Zullo Investment Group Inc. lifted its position in RTX by 1.2% during the third quarter. Zullo Investment Group Inc. now owns 4,713 shares of the company’s stock valued at $789,000 after purchasing an additional 56 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of RTX by 0.3% in the 3rd quarter. Parkside Financial Bank & Trust now owns 16,465 shares of the company’s stock worth $2,755,000 after buying an additional 57 shares during the last quarter. Uptick Partners LLC increased its holdings in shares of RTX by 1.7% in the 3rd quarter. Uptick Partners LLC now owns 3,327 shares of the company’s stock worth $557,000 after buying an additional 57 shares during the last quarter. Colonial Trust Co SC raised its position in shares of RTX by 0.4% during the 3rd quarter. Colonial Trust Co SC now owns 15,062 shares of the company’s stock valued at $2,520,000 after buying an additional 57 shares in the last quarter. Finally, Chesapeake Wealth Management raised its position in shares of RTX by 0.5% during the 3rd quarter. Chesapeake Wealth Management now owns 13,141 shares of the company’s stock valued at $2,199,000 after buying an additional 60 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors.

RTX Price Performance

Shares of RTX stock opened at $209.70 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. RTX Corporation has a 52-week low of $112.27 and a 52-week high of $214.50. The company has a fifty day moving average of $197.52 and a 200-day moving average of $178.89. The stock has a market capitalization of $281.48 billion, a price-to-earnings ratio of 42.28, a price-to-earnings-growth ratio of 3.03 and a beta of 0.42.

RTX (NYSE:RTXGet Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The business had revenue of $24.24 billion during the quarter, compared to the consensus estimate of $22.65 billion. During the same period in the previous year, the firm posted $1.54 earnings per share. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. Equities research analysts expect that RTX Corporation will post 6.11 EPS for the current year.

RTX Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Friday, February 20th will be issued a $0.68 dividend. The ex-dividend date is Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 1.3%. RTX’s payout ratio is currently 54.84%.

Insider Buying and Selling

In related news, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $202.83, for a total transaction of $2,578,577.79. Following the completion of the sale, the executive vice president directly owned 16,749 shares in the company, valued at $3,397,199.67. This represents a 43.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Ramsaran Maharajh sold 15,124 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $204.65, for a total value of $3,095,126.60. Following the transaction, the executive vice president owned 13,184 shares in the company, valued at approximately $2,698,105.60. The trade was a 53.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 89,255 shares of company stock worth $18,151,956 in the last 90 days. 0.15% of the stock is currently owned by company insiders.

Analyst Ratings Changes

RTX has been the subject of several research reports. Vertical Research reiterated a “buy” rating and issued a $227.00 target price on shares of RTX in a research report on Tuesday, January 27th. Weiss Ratings restated a “buy (b-)” rating on shares of RTX in a research report on Monday, December 29th. Wall Street Zen lowered RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Susquehanna reiterated a “positive” rating and issued a $230.00 price objective on shares of RTX in a report on Thursday, January 15th. Finally, JPMorgan Chase & Co. increased their price objective on RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $202.00.

View Our Latest Stock Report on RTX

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RTX Company Profile

(Free Report)

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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