PFG Investments LLC Has $2.21 Million Holdings in RTX Co. (NYSE:RTX)

PFG Investments LLC lessened its holdings in RTX Co. (NYSE:RTXFree Report) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,066 shares of the company’s stock after selling 927 shares during the period. PFG Investments LLC’s holdings in RTX were worth $2,206,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Avestar Capital LLC boosted its holdings in RTX by 0.6% in the third quarter. Avestar Capital LLC now owns 14,461 shares of the company’s stock valued at $1,752,000 after acquiring an additional 85 shares during the last quarter. Arbor Wealth Advisors LLC raised its position 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 raised its position in RTX by 20.1% in the 3rd 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 raised its position in RTX by 3.7% in the 3rd quarter. Blackston Financial Advisory Group LLC now owns 2,403 shares of the company’s stock valued at $291,000 after buying an additional 86 shares during the last quarter. Finally, Traveka Wealth LLC raised its position in RTX by 3.2% in the 4th quarter. Traveka Wealth LLC now owns 2,789 shares of the company’s stock valued at $323,000 after buying an additional 86 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

Shares of RTX opened at $125.23 on Monday. The stock has a market cap of $166.69 billion, a P/E ratio of 35.78, a P/E/G ratio of 1.99 and a beta of 0.81. The stock has a 50-day moving average of $118.38 and a two-hundred day moving average of $118.54. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.73 and a current ratio of 0.99. RTX Co. has a one year low of $88.90 and a one year high of $128.70.

Analyst Ratings Changes

A number of research analysts have issued reports on RTX shares. UBS Group upped their price objective on RTX from $126.00 to $133.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Susquehanna dropped their price objective on RTX from $150.00 to $139.00 and set a “positive” rating on the stock in a report on Wednesday, January 8th. Wells Fargo & Company raised their price target on RTX from $140.00 to $151.00 and gave the company an “overweight” rating in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft raised RTX from a “hold” rating to a “buy” rating and raised their price target for the company from $131.00 to $140.00 in a report on Thursday, January 2nd. Finally, Morgan Stanley raised their price objective on RTX from $120.00 to $130.00 and gave the company an “equal weight” rating in a report on Wednesday, October 23rd. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $158.27.

Read Our Latest Report on RTX

RTX Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for RTX (NYSE:RTX)

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