HORAN Wealth LLC Acquires 6,139 Shares of RTX Corporation $RTX

HORAN Wealth LLC raised its stake in shares of RTX Corporation (NYSE:RTXFree Report) by 209.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,072 shares of the company’s stock after purchasing an additional 6,139 shares during the period. HORAN Wealth LLC’s holdings in RTX were worth $1,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. LFA Lugano Financial Advisors SA bought a new position in RTX during the second quarter valued at $29,000. Valley Wealth Managers Inc. purchased a new position in shares of RTX during the 3rd quarter worth about $30,000. Access Investment Management LLC bought a new position in RTX during the 2nd quarter valued at about $31,000. SOA Wealth Advisors LLC. raised its position in RTX by 57.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after purchasing an additional 70 shares during the period. Finally, Clayton Financial Group LLC purchased a new stake in RTX in the 3rd quarter worth about $36,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Down 3.3%

NYSE:RTX opened at $196.79 on Thursday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.03 and a quick ratio of 0.80. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $206.48. The company has a 50-day moving average of $186.69 and a 200 day moving average of $171.60. The firm has a market cap of $263.85 billion, a PE ratio of 39.68, a price-to-earnings-growth ratio of 2.95 and a beta of 0.43.

RTX (NYSE:RTXGet Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.08. The company had revenue of $24.24 billion for the quarter, compared to analyst estimates of $22.65 billion. RTX had a net margin of 7.60% and a return on equity of 13.08%. RTX’s revenue was up 12.1% compared to the same quarter last year. During the same period last year, the company posted $1.54 earnings per share. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. As a group, research analysts anticipate 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 recent analyst reports. Vertical Research restated a “buy” rating and set a $227.00 target price on shares of RTX in a research report on Tuesday, January 27th. Sanford C. Bernstein restated a “market perform” rating and set a $204.00 price objective on shares of RTX in a report on Thursday, January 29th. JPMorgan Chase & Co. increased their target price on RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Citigroup boosted their target price on shares of RTX from $211.00 to $227.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Finally, Robert W. Baird set a $225.00 price target on shares of RTX in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $198.89.

Read Our Latest Stock Analysis on RTX

RTX News Roundup

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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.

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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