U.S. Capital Wealth Advisors LLC Has $31.91 Million Stake in RTX Corporation $RTX

U.S. Capital Wealth Advisors LLC lowered its position in shares of RTX Corporation (NYSE:RTX) by 3.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 190,703 shares of the company’s stock after selling 6,209 shares during the period. RTX accounts for approximately 0.9% of U.S. Capital Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. U.S. Capital Wealth Advisors LLC’s holdings in RTX were worth $31,910,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in RTX. Brighton Jones LLC increased its position in RTX by 24.3% during the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after acquiring an additional 3,332 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of RTX by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock worth $564,000 after purchasing an additional 159 shares during the period. Erste Asset Management GmbH raised its position in shares of RTX by 11.8% in the first quarter. Erste Asset Management GmbH now owns 945 shares of the company’s stock valued at $125,000 after buying an additional 100 shares in the last quarter. Level Four Advisory Services LLC boosted its stake in shares of RTX by 1.0% in the first quarter. Level Four Advisory Services LLC now owns 27,654 shares of the company’s stock valued at $3,663,000 after buying an additional 274 shares during the period. Finally, GM Advisory Group LLC grew its position in RTX by 20.0% during the first quarter. GM Advisory Group LLC now owns 4,485 shares of the company’s stock worth $594,000 after buying an additional 748 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors.

RTX Stock Up 0.6%

Shares of RTX opened at $178.30 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.81 and a current ratio of 1.07. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $182.28. The stock has a market capitalization of $239.06 billion, a price-to-earnings ratio of 36.61, a PEG ratio of 2.80 and a beta of 0.44. The stock has a fifty day moving average of $172.88 and a 200-day moving average of $160.07.

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

RTX Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Friday, November 21st were issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, November 21st. RTX’s payout ratio is presently 55.85%.

Insider Transactions at RTX

In other RTX news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $180.15, for a total value of $873,547.35. Following the completion of the transaction, the executive vice president directly owned 59,556 shares in the company, valued at approximately $10,729,013.40. This represents a 7.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of RTX in a report on Friday, October 31st. BNP Paribas Exane assumed coverage on RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price target for the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $195.00 price objective on shares of RTX in a research note on Wednesday, October 8th. The Goldman Sachs Group boosted their target price 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. Finally, BNP Paribas raised shares of RTX to a “strong-buy” rating in a report on Tuesday, November 18th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.71.

RTX Profile

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.