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RTX Corporation $RTX Position Cut by Wells Trecaso Financial Group LLC
Wells Trecaso Financial Group LLC significantly reduced its stake in RTX Corporation by 42.0% during the 3rd quarter, now owning 37,054 shares valued at $6.2 million. Despite this cut, other institutional investors like Norges Bank and Vanguard Group Inc. increased their positions, indicating mixed sentiment among large holders. Analysts currently rate RTX as a “Moderate Buy” with a consensus target price of $199.50, and the company recently surpassed Q4 earnings estimates with $1.55 EPS on $24.24 billion revenue.