Hantz Financial Services Inc. Reduces Stock Position in RTX Corporation $RTX

Hantz Financial Services Inc. cut its stake in shares of RTX Corporation (NYSE:RTXFree Report) by 9.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 81,312 shares of the company’s stock after selling 8,025 shares during the period. Hantz Financial Services Inc.’s holdings in RTX were worth $13,606,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. LFA Lugano Financial Advisors SA bought a new stake in shares of RTX during the 2nd quarter valued at about $29,000. Valley Wealth Managers Inc. purchased a new position in shares of RTX during the 3rd quarter worth $30,000. Access Investment Management LLC bought a new stake in shares of RTX during the 2nd quarter valued at $31,000. SOA Wealth Advisors LLC. increased its stake in shares of 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 in the last quarter. Finally, Clayton Financial Group LLC bought a new position in RTX in the 3rd quarter worth $36,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

RTX Price Performance

RTX stock opened at $203.95 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. The company’s fifty day moving average price is $186.22 and its 200-day moving average price is $171.43. RTX Corporation has a one year low of $112.27 and a one year high of $205.36. The company has a market capitalization of $273.45 billion, a PE ratio of 41.12, a price-to-earnings-growth ratio of 2.92 and a beta of 0.43.

RTX (NYSE:RTXGet Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.08. RTX had a net margin of 7.60% and a return on equity of 13.08%. The company had revenue of $24.24 billion for the quarter, compared to the consensus estimate of $22.65 billion. During the same period in the previous year, the firm posted $1.54 EPS. RTX’s revenue for the quarter was up 12.1% compared to the same quarter last year. RTX has set its FY 2026 guidance at 6.600-6.800 EPS. On average, equities analysts anticipate that RTX Corporation will post 6.11 EPS for the current fiscal year.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

Analyst Ratings Changes

Several analysts have issued reports on the company. Vertical Research reissued a “buy” rating and set a $227.00 price target on shares of RTX in a report on Tuesday, January 27th. Weiss Ratings reissued a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. BNP Paribas Exane initiated coverage on shares of RTX in a report on Tuesday, November 18th. They set an “outperform” rating and a $210.00 price target on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $195.00 price objective on shares of RTX in a research note on Wednesday, October 8th. Finally, Morgan Stanley restated an “overweight” rating and set a $235.00 target price on shares of RTX in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, RTX has a consensus rating of “Moderate Buy” and an average price target of $198.89.

Check Out Our Latest Stock Analysis on RTX

RTX Company 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.

See Also

Institutional Ownership by Quarter for RTX (NYSE:RTX)

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