RTX Co. (NYSE:RTX) Shares Purchased by Trilogy Capital Inc.

Trilogy Capital Inc. increased its position in shares of RTX Co. (NYSE:RTX) by 80.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,616 shares of the company’s stock after purchasing an additional 2,054 shares during the quarter. Trilogy Capital Inc.’s holdings in RTX were worth $534,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of RTX. Brookstone Capital Management lifted its holdings in shares of RTX by 1.6% during the third quarter. Brookstone Capital Management now owns 40,706 shares of the company’s stock worth $4,932,000 after purchasing an additional 640 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in RTX in the third quarter valued at approximately $350,000. CWM LLC lifted its holdings in RTX by 2.5% in the third quarter. CWM LLC now owns 128,288 shares of the company’s stock valued at $15,543,000 after acquiring an additional 3,080 shares during the period. Abner Herrman & Brock LLC lifted its holdings in RTX by 17.4% in the third quarter. Abner Herrman & Brock LLC now owns 73,855 shares of the company’s stock valued at $8,948,000 after acquiring an additional 10,937 shares during the period. Finally, Hexagon Capital Partners LLC lifted its holdings in RTX by 23.3% in the third quarter. Hexagon Capital Partners LLC now owns 708 shares of the company’s stock valued at $86,000 after acquiring an additional 134 shares during the period. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Stock Down 0.3 %

Shares of RTX opened at $128.80 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.74 and a current ratio of 0.99. RTX Co. has a one year low of $88.90 and a one year high of $132.43. The stock has a market capitalization of $171.43 billion, a price-to-earnings ratio of 36.28, a PEG ratio of 2.17 and a beta of 0.82. The stock has a 50 day moving average price of $119.87 and a 200 day moving average price of $119.90.

RTX (NYSE:RTX) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $1.54 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 research analysts forecast that RTX Co. will post 6.12 earnings per share for the current fiscal year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Friday, February 21st will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.96%. The ex-dividend date is Friday, February 21st. RTX’s payout ratio is currently 70.99%.

Analyst Ratings Changes

RTX has been the subject of a number of analyst reports. Susquehanna boosted their price target on RTX from $139.00 to $147.00 and gave the company a “positive” rating in a report on Wednesday, January 29th. Vertical Research raised RTX to a “strong-buy” rating in a report on Tuesday, January 28th. Citigroup raised RTX from a “neutral” rating to a “buy” rating and boosted their price target for the company from $132.00 to $153.00 in a report on Tuesday, January 21st. Deutsche Bank Aktiengesellschaft raised RTX from a “hold” rating to a “buy” rating and upped their target price for the stock from $131.00 to $140.00 in a research note on Thursday, January 2nd. Finally, Morgan Stanley upped their target price on RTX from $130.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Five investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $163.07.

Insider Buying and Selling at RTX

In other news, EVP Dantaya M. Williams sold 14,031 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $129.23, for a total transaction of $1,813,226.13. Following the completion of the transaction, the executive vice president now directly owns 44,415 shares in the company, valued at approximately $5,739,750.45. This represents a 24.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.13% of the stock is owned by company insiders.

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.