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

180 Wealth Advisors LLC decreased its stake in shares of RTX Corporation (NYSE:RTX) by 1.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of RTX by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 119,836,487 shares of the company’s stock worth $15,873,541,000 after purchasing an additional 1,357,328 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in RTX by 1.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 10,351,568 shares of the company’s stock worth $1,371,171,000 after buying an additional 104,139 shares during the last quarter. Invesco Ltd. lifted its position in shares of RTX by 1.5% in the first quarter. Invesco Ltd. now owns 10,312,313 shares of the company’s stock valued at $1,365,969,000 after buying an additional 154,544 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of RTX by 0.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,713,131 shares of the company’s stock worth $1,021,623,000 after acquiring an additional 65,493 shares during the last quarter. Finally, Nuveen LLC bought a new stake in RTX in the 1st quarter valued at $916,739,000. 86.50% of the stock is owned by institutional investors.

Insider Buying and Selling at RTX

In related news, insider Philip J. Jasper sold 12,847 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $157.82, for a total value of $2,027,513.54. Following the completion of the transaction, the insider owned 17,684 shares of the company’s stock, valued at $2,790,888.88. This represents a 42.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Shane G. Eddy sold 25,968 shares of the business’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $159.79, for a total transaction of $4,149,426.72. The disclosure for this sale can be found here. Insiders have sold a total of 46,469 shares of company stock worth $7,364,841 over the last 90 days. Insiders own 0.15% of the company’s stock.

RTX Price Performance

RTX stock opened at $179.33 on Friday. The firm has a market cap of $240.45 billion, a PE 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 current ratio of 1.07 and a quick ratio of 0.75. The stock’s fifty day moving average price is $160.59 and its two-hundred day moving average price is $147.14. RTX Corporation has a one year low of $112.27 and a one year high of $179.98.

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

Wall Street Analyst Weigh In

RTX has been the subject of several research analyst reports. UBS Group lifted their target price on shares of RTX from $197.00 to $202.00 and gave the stock a “buy” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $195.00 price objective on shares of RTX in a research report on Wednesday, October 8th. Susquehanna upped their target price on RTX from $175.00 to $205.00 and gave the company a “positive” rating in a research report on Wednesday. The Goldman Sachs Group lifted their price target on RTX from $151.00 to $168.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Citigroup upped their price objective on RTX from $148.00 to $182.00 and gave the company a “buy” rating in a 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 issued a Hold rating to the company. According to MarketBeat.com, RTX has a consensus rating of “Moderate Buy” and a consensus target price of $175.80.

RTX Company 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.