RTX Co. (NYSE:RTX) Shares Sold by Dohj LLC

Dohj LLC decreased its stake in shares of RTX Co. (NYSE:RTX) by 6.0% during the fourth quarter, HoldingsChannel reports. The firm owned 2,145 shares of the company’s stock after selling 136 shares during the quarter. Dohj LLC’s holdings in RTX were worth $248,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Avestar Capital LLC lifted its position in RTX by 0.6% during the 3rd quarter. Avestar Capital LLC now owns 14,461 shares of the company’s stock worth $1,752,000 after acquiring an additional 85 shares during the period. Arbor Wealth Advisors LLC lifted its holdings in shares of RTX by 3.7% during the fourth quarter. Arbor Wealth Advisors LLC now owns 2,382 shares of the company’s stock worth $276,000 after purchasing an additional 85 shares during the period. Mowery & Schoenfeld Wealth Management LLC boosted its position in RTX by 20.1% in the third quarter. Mowery & Schoenfeld Wealth Management LLC now owns 514 shares of the company’s stock valued at $62,000 after buying an additional 86 shares during the last quarter. Blackston Financial Advisory Group LLC increased its holdings in RTX by 3.7% in the 3rd quarter. Blackston Financial Advisory Group LLC now owns 2,403 shares of the company’s stock worth $291,000 after buying an additional 86 shares during the period. Finally, Traveka Wealth LLC raised its position in RTX by 3.2% during the 4th quarter. Traveka Wealth LLC now owns 2,789 shares of the company’s stock worth $323,000 after buying an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Up 0.1 %

Shares of NYSE RTX opened at $129.08 on Friday. The firm has a market cap of $171.81 billion, a price-to-earnings ratio of 36.36, a price-to-earnings-growth ratio of 1.99 and a beta of 0.81. The company’s 50-day simple moving average is $119.14 and its 200-day simple moving average is $119.20. The company has a quick ratio of 0.73, a current ratio of 0.99 and a debt-to-equity ratio of 0.63. RTX Co. has a 52-week low of $88.90 and a 52-week high of $132.43.

RTX (NYSE:RTX) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.19. RTX had a return on equity of 12.45% and a net margin of 5.91%. Equities analysts predict that RTX Co. will post 6.1 EPS for the current fiscal year.

Analyst Ratings Changes

RTX has been the topic of a number of research reports. Susquehanna increased their price objective on shares of RTX from $139.00 to $147.00 and gave the stock a “positive” rating in a research note on Wednesday. StockNews.com downgraded RTX from a “buy” rating to a “hold” rating in a research report on Wednesday. Bank of America boosted their price objective on RTX from $145.00 to $155.00 and gave the company a “buy” rating in a report on Thursday. TD Cowen raised RTX to a “strong-buy” rating in a report on Tuesday, October 8th. Finally, UBS Group boosted their price target on RTX from $128.00 to $142.00 and gave the company a “neutral” rating in a report on Wednesday. Six research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, RTX presently has an average rating of “Moderate Buy” and an average price target of $163.07.

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.