Level Four Advisory Services LLC Has $3.66 Million Stake in RTX Corporation $RTX

Level Four Advisory Services LLC raised its holdings in RTX Corporation (NYSE:RTX) by 1.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,654 shares of the company’s stock after acquiring an additional 274 shares during the period. Level Four Advisory Services LLC’s holdings in RTX were worth $3,663,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RTX. Brighton Jones LLC grew its stake in RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock valued at $1,969,000 after acquiring an additional 3,332 shares during the period. Revolve Wealth Partners LLC boosted its position 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 buying an additional 159 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of RTX by 8.0% during the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,916 shares of the company’s stock worth $222,000 after buying an additional 142 shares during the period. Pinebridge Investments L.P. acquired a new position in shares of RTX during the fourth quarter worth about $374,000. Finally, MGO One Seven LLC boosted its position in shares of RTX by 24.4% during the fourth quarter. MGO One Seven LLC now owns 27,159 shares of the company’s stock worth $3,143,000 after buying an additional 5,323 shares during the period. 86.50% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on RTX shares. Barclays upped their price objective on RTX from $130.00 to $153.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 29th. Wall Street Zen cut RTX from a “buy” rating to a “hold” rating in a research report on Saturday, June 21st. JPMorgan Chase & Co. upped their price objective on RTX from $145.00 to $175.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 23rd. DZ Bank raised RTX from a “sell” rating to a “hold” rating and set a $129.00 price objective for the company in a research report on Friday, April 25th. Finally, Morgan Stanley increased their price target on RTX from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, July 23rd. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus target price of $158.67.

RTX Stock Performance

Shares of NYSE RTX opened at $156.6560 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.75 and a current ratio of 1.01. The stock has a 50 day moving average price of $150.44 and a 200 day moving average price of $136.97. The stock has a market capitalization of $209.69 billion, a PE ratio of 34.43, a price-to-earnings-growth ratio of 2.83 and a beta of 0.69. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $158.79.

RTX (NYSE:RTX) last released its quarterly earnings data on Tuesday, July 22nd. The company reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.11. The firm had revenue of $21.58 billion for the quarter, compared to analyst estimates of $20.68 billion. RTX had a return on equity of 12.89% and a net margin of 7.35%.The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.41 earnings per share. RTX has set its FY 2025 guidance at 5.800-5.950 EPS. Analysts predict that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Friday, August 15th will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.7%. RTX’s dividend payout ratio is 59.78%.

Insider Transactions at RTX

In other RTX news, VP Kevin G. Dasilva sold 8,704 shares of the company’s stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $156.20, for a total value of $1,359,564.80. Following the sale, the vice president owned 30,004 shares in the company, valued at $4,686,624.80. This represents a 22.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Philip J. Jasper sold 12,847 shares of the company’s 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 sale, the insider owned 17,684 shares in the company, valued at $2,790,888.88. This represents a 42.08% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 47,589 shares of company stock valued at $7,126,389. Company insiders own 0.15% of the company’s stock.

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.