RTX Corporation $RTX Shares Bought by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC boosted its holdings in RTX Corporation (NYSE:RTXFree Report) by 2.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 225,712 shares of the company’s stock after buying an additional 6,415 shares during the quarter. RTX accounts for about 1.3% of Clifford Swan Investment Counsel LLC’s investment portfolio, making the stock its 20th largest position. Clifford Swan Investment Counsel LLC’s holdings in RTX were worth $37,768,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. LFA Lugano Financial Advisors SA purchased a new stake in shares of RTX during the second quarter valued at $29,000. Valley Wealth Managers Inc. acquired a new stake in RTX during the 3rd quarter worth about $30,000. Access Investment Management LLC purchased a new stake in RTX during the second quarter valued at about $31,000. SOA Wealth Advisors LLC. boosted its holdings in shares of RTX by 57.4% in the third quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after buying an additional 70 shares during the period. Finally, Dogwood Wealth Management LLC increased its position in shares of RTX by 57.3% in the third quarter. Dogwood Wealth Management LLC now owns 206 shares of the company’s stock worth $34,000 after acquiring an additional 75 shares in the last quarter. 86.50% of the stock is owned by institutional investors.

RTX Trading Down 1.2%

Shares of RTX stock opened at $196.13 on Thursday. RTX Corporation has a 12 month low of $112.27 and a 12 month high of $206.73. The company has a market cap of $263.26 billion, a PE ratio of 39.54, a price-to-earnings-growth ratio of 2.87 and a beta of 0.43. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The business’s 50 day moving average is $194.48 and its two-hundred day moving average is $176.24.

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

RTX Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Friday, February 20th will be given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, February 20th. RTX’s payout ratio is currently 54.84%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Robert W. Baird set a $225.00 price objective on shares of RTX in a research note on Wednesday, January 28th. JPMorgan Chase & Co. raised their target price on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Royal Bank Of Canada upped their price target on RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. 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 objective for the company. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $235.00 target price on shares of RTX in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $199.50.

Check Out Our Latest Research Report on RTX

RTX News Roundup

Here are the key news stories impacting RTX this week:

Insider Activity

In other RTX news, EVP Neil G. Mitchill, Jr. sold 35,755 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $205.56, for a total value of $7,349,797.80. Following the sale, the executive vice president owned 59,556 shares of the company’s stock, valued at $12,242,331.36. This trade represents a 37.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Dantaya M. Williams sold 12,713 shares of RTX stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the transaction, the executive vice president directly owned 16,749 shares in the company, valued at approximately $3,397,199.67. This represents a 43.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 89,255 shares of company stock worth $18,151,956 over the last 90 days. Company insiders own 0.15% of the company’s stock.

RTX 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.

Further Reading

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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