From MarketBeat:

Lake Street Financial LLC cut its stake in RTX Co. (NYSE:RTX) by 79.8% in the 3rd quarter, now owning 8,643 shares of the company’s stock worth $622,000. Other large investors also added or reduced their stakes in the company, with hedge funds owning 79.06% of the company’s stock. The stock opened at $84.14, with a market capitalization of $120.98 billion and a PE ratio of 39.13. RTX last reported quarterly earnings with $1.25 EPS and $19 billion in revenue, up 12.1% from the previous year. The company issued a $0.59 quarterly dividend, representing a $2.36 annualized dividend and a dividend yield of 2.80%. Analysts have given RTX an average rating of “Hold” with a consensus target price of $90.21. RTX Corporation operates through four segments, providing systems and services for commercial, military, and government customers worldwide.



Read more: Lake Street Financial LLC Lowers Stake in RTX Co. (NYSE:RTX)