Tilia Fiduciary Partners Inc. Has $357,000 Stock Position in RTX Co. (NYSE:RTX)

Tilia Fiduciary Partners Inc. increased its stake in RTX Co. (NYSE:RTX) by 7.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,949 shares of the company’s stock after buying an additional 203 shares during the quarter. Tilia Fiduciary Partners Inc.’s holdings in RTX were worth $357,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in RTX. Briaud Financial Planning Inc boosted its holdings in shares of RTX by 64.1% in the 2nd quarter. Briaud Financial Planning Inc now owns 256 shares of the company’s stock valued at $25,000 after buying an additional 100 shares during the last quarter. Lynx Investment Advisory acquired a new stake in RTX during the 2nd quarter valued at $26,000. Mizuho Securities Co. Ltd. acquired a new stake in RTX during the 2nd quarter valued at $32,000. Fairman Group LLC acquired a new stake in RTX during the 4th quarter valued at $38,000. Finally, Beaird Harris Wealth Management LLC lifted its holdings in RTX by 42.2% during the 4th quarter. Beaird Harris Wealth Management LLC now owns 468 shares of the company’s stock valued at $39,000 after purchasing an additional 139 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on RTX shares. StockNews.com raised RTX from a “hold” rating to a “buy” rating in a report on Friday, September 6th. Robert W. Baird increased their price objective on RTX from $105.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, July 26th. Deutsche Bank Aktiengesellschaft upgraded RTX from a “sell” rating to a “hold” rating and increased their price objective for the stock from $109.00 to $129.00 in a research report on Thursday, October 3rd. The Goldman Sachs Group increased their price objective on RTX from $94.00 to $104.00 and gave the stock a “neutral” rating in a research report on Monday, July 29th. Finally, Susquehanna increased their price objective on RTX from $119.00 to $140.00 and gave the stock a “positive” rating in a research report on Friday, July 26th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $161.13.

RTX Trading Up 0.2 %

Shares of RTX stock traded up $0.27 during mid-day trading on Wednesday, reaching $123.77. 415,398 shares of the stock traded hands, compared to its average volume of 6,899,184. The stock’s fifty day simple moving average is $119.45 and its two-hundred day simple moving average is $109.00. RTX Co. has a 1-year low of $72.29 and a 1-year high of $125.93. The company has a market cap of $164.64 billion, a price-to-earnings ratio of 48.42, a price-to-earnings-growth ratio of 2.20 and a beta of 0.82. The company has a quick ratio of 0.73, a current ratio of 0.99 and a debt-to-equity ratio of 0.66.

RTX (NYSE:RTX) last posted its quarterly earnings data on Thursday, July 25th. The company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.11. The company had revenue of $19.72 billion for the quarter, compared to analyst estimates of $19.29 billion. RTX had a return on equity of 11.37% and a net margin of 3.12%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.29 earnings per share. On average, research analysts anticipate that RTX Co. will post 5.45 EPS for the current fiscal year.

Insider Buying and Selling

In related news, VP Kevin G. Dasilva sold 8,166 shares of RTX stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $114.96, for a total value of $938,763.36. Following the transaction, the vice president now directly owns 45,208 shares of the company’s stock, valued at $5,197,111.68. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other RTX news, Chairman Gregory Hayes sold 134,887 shares of RTX stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $117.74, for a total value of $15,881,595.38. Following the completion of the sale, the chairman now directly owns 566,723 shares in the company, valued at approximately $66,725,966.02. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Kevin G. Dasilva sold 8,166 shares of RTX stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $114.96, for a total value of $938,763.36. Following the completion of the sale, the vice president now owns 45,208 shares of the company’s stock, valued at approximately $5,197,111.68. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 178,333 shares of company stock valued at $20,861,880 over the last ninety days. 0.13% of the stock is owned by company insiders.

RTX Profile

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.