Wealth Science Advisors LLC Buys Shares of 7,845 RTX Corporation $RTX

Wealth Science Advisors LLC bought a new stake in shares of RTX Corporation (NYSE:RTX) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 7,845 shares of the company’s stock, valued at approximately $1,439,000. RTX accounts for 0.8% of Wealth Science Advisors LLC’s portfolio, making the stock its 19th biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. LeConte Wealth Management LLC increased its stake in shares of RTX by 2.3% in the 4th quarter. LeConte Wealth Management LLC now owns 2,247 shares of the company’s stock valued at $412,000 after acquiring an additional 51 shares during the last quarter. Rydar Equities Inc. increased its stake in shares of RTX by 0.4% in the 4th quarter. Rydar Equities Inc. now owns 13,524 shares of the company’s stock valued at $2,480,000 after acquiring an additional 52 shares during the last quarter. Howard Capital Management Inc. increased its stake in shares of RTX by 0.4% in the 4th quarter. Howard Capital Management Inc. now owns 12,340 shares of the company’s stock valued at $2,263,000 after acquiring an additional 53 shares during the last quarter. Purus Wealth Management LLC increased its stake in shares of RTX by 0.4% in the 4th quarter. Purus Wealth Management LLC now owns 14,722 shares of the company’s stock valued at $2,700,000 after acquiring an additional 53 shares during the last quarter. Finally, Innova Wealth Partners increased its stake in shares of RTX by 3.5% in the 4th quarter. Innova Wealth Partners now owns 1,597 shares of the company’s stock valued at $293,000 after acquiring an additional 54 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, EVP Dantaya M. Williams sold 12,713 shares of the firm’s stock in a transaction 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 transaction, the executive vice president owned 16,749 shares in the company, valued at approximately $3,397,199.67. This trade represents a 43.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Kevin G. Dasilva sold 8,136 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $201.30, for a total value of $1,637,776.80. Following the completion of the transaction, the vice president owned 27,102 shares in the company, valued at $5,455,632.60. The trade was a 23.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 89,255 shares of company stock valued at $18,151,956 in the last ninety days. Insiders own 0.10% of the company’s stock.

RTX Stock Down 0.8%

RTX opened at $179.47 on Friday. RTX Corporation has a fifty-two week low of $119.51 and a fifty-two week high of $214.50. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.80 and a current ratio of 1.02. The company has a market capitalization of $241.68 billion, a P/E ratio of 33.67, a P/E/G ratio of 2.61 and a beta of 0.43. The stock has a fifty day moving average of $199.47 and a 200-day moving average of $187.63.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, April 21st. The company reported $1.78 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.26. RTX had a return on equity of 13.50% and a net margin of 8.03%.The company had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter last year, the firm earned $1.47 earnings per share. The company’s revenue was up 8.7% on a year-over-year basis. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts expect that RTX Corporation will post 6.81 EPS for the current year.

RTX Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Friday, February 20th were given a $0.68 dividend. The ex-dividend date was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.5%. RTX’s dividend payout ratio (DPR) is presently 51.03%.

Analyst Ratings Changes

A number of analysts recently issued reports on RTX shares. Weiss Ratings reissued a “buy (b)” rating on shares of RTX in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $240.00 target price on shares of RTX in a research note on Thursday, March 5th. UBS Group lowered their target price on RTX from $209.00 to $199.00 and set a “neutral” rating for the company in a research note on Wednesday. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $204.00 price target on shares of RTX in a research note on Thursday, January 29th. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of RTX in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $202.28.

RTX Company Profile

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.