RTX Corporation $RTX Shares Bought by Adell Harriman & Carpenter Inc.

Adell Harriman & Carpenter Inc. grew its holdings in shares of RTX Corporation (NYSE:RTXFree Report) by 9.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 99,964 shares of the company’s stock after purchasing an additional 8,412 shares during the quarter. RTX makes up about 1.0% of Adell Harriman & Carpenter Inc.’s investment portfolio, making the stock its 28th biggest position. Adell Harriman & Carpenter Inc.’s holdings in RTX were worth $16,727,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Zullo Investment Group Inc. lifted its holdings in shares of RTX by 1.2% during the 3rd quarter. Zullo Investment Group Inc. now owns 4,713 shares of the company’s stock worth $789,000 after acquiring an additional 56 shares during the period. Parkside Financial Bank & Trust raised its stake in RTX by 0.3% during the third quarter. Parkside Financial Bank & Trust now owns 16,465 shares of the company’s stock worth $2,755,000 after purchasing an additional 57 shares during the period. Uptick Partners LLC boosted 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 valued at $557,000 after purchasing an additional 57 shares during the last quarter. Chesapeake Wealth Management grew its stake 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 during the period. Finally, Arrow Financial Corp increased its holdings in shares of RTX by 0.8% during the 3rd quarter. Arrow Financial Corp now owns 7,334 shares of the company’s stock worth $1,227,000 after buying an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

Shares of RTX stock opened at $203.95 on Wednesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. The company’s fifty day moving average price is $186.22 and its two-hundred day moving average price is $171.43. The firm has a market capitalization of $273.45 billion, a P/E ratio of 41.12, a P/E/G ratio of 2.92 and a beta of 0.43. RTX Corporation has a 12 month low of $112.27 and a 12 month high of $205.36.

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

RTX News Roundup

Here are the key news stories impacting RTX this week:

Analysts Set New Price Targets

A number of equities research analysts have issued reports on RTX shares. BNP Paribas Exane started coverage on RTX in a research report on Tuesday, November 18th. They set an “outperform” rating and a $210.00 price target for the company. Bank of America raised their price target on shares of RTX from $175.00 to $215.00 and gave the company a “buy” rating in a report on Monday, October 27th. The Goldman Sachs Group lifted their price target on shares of RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Morgan Stanley reissued an “overweight” rating and issued a $235.00 price objective on shares of RTX in a research report on Wednesday, January 28th. Finally, Wall Street Zen lowered shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $198.89.

Check Out Our Latest Stock Report on RTX

About RTX

(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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