180 Wealth Advisors LLC Sells 205 Shares of RTX Corporation $RTX

180 Wealth Advisors LLC lowered its holdings in RTX Corporation (NYSE:RTX) by 1.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,894 shares of the company’s stock after selling 205 shares during the quarter. 180 Wealth Advisors LLC’s holdings in RTX were worth $1,883,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC boosted its position in shares of RTX by 24.3% during the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after buying an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in RTX by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after acquiring an additional 159 shares in the last quarter. GAMMA Investing LLC boosted its holdings in RTX by 12.8% during the 1st quarter. GAMMA Investing LLC now owns 31,430 shares of the company’s stock worth $4,163,000 after acquiring an additional 3,561 shares during the last quarter. Strategic Investment Advisors MI grew its stake in shares of RTX by 4.9% in the 1st quarter. Strategic Investment Advisors MI now owns 3,895 shares of the company’s stock worth $516,000 after acquiring an additional 183 shares in the last quarter. Finally, Global Assets Advisory LLC purchased a new stake in shares of RTX in the first quarter valued at about $301,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Trading Up 0.8%

Shares of RTX opened at $179.33 on Friday. RTX Corporation has a fifty-two week low of $112.27 and a fifty-two week high of $179.98. The business has a 50-day moving average of $160.59 and a 200 day moving average of $147.14. The firm has a market cap of $240.45 billion, a P/E ratio of 36.82, a price-to-earnings-growth ratio of 3.23 and a beta of 0.66. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.75 and a current ratio of 1.07.

RTX (NYSE:RTX) last issued its earnings results on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.41 by $0.29. The firm had revenue of $22.48 billion during the quarter, compared to analyst estimates of $21.26 billion. RTX had a net margin of 7.67% and a return on equity of 13.28%. The company’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the business earned $1.45 earnings per share. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. As a group, research analysts forecast that RTX Corporation will post 6.11 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $170.00 price target (up from $165.00) on shares of RTX in a report on Wednesday, July 23rd. The Goldman Sachs Group upped their target price on RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a report on Wednesday. Susquehanna increased their price target on RTX from $175.00 to $205.00 and gave the company a “positive” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $195.00 price objective on shares of RTX in a research report on Wednesday, October 8th. Finally, Citigroup raised their target price on RTX from $148.00 to $182.00 and gave the company a “buy” rating in a research report on Monday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $175.80.

Insider Activity

In other RTX news, insider Shane G. Eddy sold 25,968 shares of the firm’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $159.79, for a total value of $4,149,426.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Philip J. Jasper sold 12,847 shares of the business’s stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $157.82, for a total value of $2,027,513.54. Following the transaction, the insider directly owned 17,684 shares of the company’s stock, valued at $2,790,888.88. The trade was a 42.08% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 46,469 shares of company stock worth $7,364,841. 0.15% of the stock is owned by corporate insiders.

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.