Legacy Trust Buys 5,328 Shares of RTX Corporation $RTX

Legacy Trust lifted its stake in RTX Corporation (NYSE:RTX) by 10.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,747 shares of the company’s stock after acquiring an additional 5,328 shares during the period. RTX accounts for 1.9% of Legacy Trust’s portfolio, making the stock its 15th largest position. Legacy Trust’s holdings in RTX were worth $9,663,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in RTX. CORDA Investment Management LLC. raised its holdings in RTX by 1.6% in the third quarter. CORDA Investment Management LLC. now owns 10,288 shares of the company’s stock worth $1,721,000 after purchasing an additional 165 shares in the last quarter. TFC Financial Management Inc. boosted its holdings in shares of RTX by 3.8% in the 3rd quarter. TFC Financial Management Inc. now owns 1,754 shares of the company’s stock valued at $294,000 after buying an additional 64 shares in the last quarter. Avion Wealth grew its position in shares of RTX by 10.5% in the 3rd quarter. Avion Wealth now owns 1,732 shares of the company’s stock worth $289,000 after buying an additional 164 shares during the last quarter. Purus Wealth Management LLC raised its stake in shares of RTX by 0.5% during the 3rd quarter. Purus Wealth Management LLC now owns 14,669 shares of the company’s stock worth $2,455,000 after acquiring an additional 75 shares in the last quarter. Finally, Hidden Cove Wealth Management LLC lifted its position in RTX by 18.7% during the third quarter. Hidden Cove Wealth Management LLC now owns 2,576 shares of the company’s stock valued at $431,000 after acquiring an additional 405 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

Shares of RTX stock opened at $188.40 on Friday. The business has a fifty day moving average of $178.20 and a 200 day moving average of $165.06. RTX Corporation has a 1 year low of $112.27 and a 1 year high of $196.70. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.07 and a quick ratio of 0.81. The firm has a market capitalization of $252.61 billion, a price-to-earnings ratio of 38.69, a price-to-earnings-growth ratio of 2.74 and a beta of 0.44.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.29. RTX had a return on equity of 13.28% and a net margin of 7.67%.The business had revenue of $22.48 billion for the quarter, compared to analyst estimates of $21.26 billion. During the same period in the prior year, the company earned $1.45 earnings per share. The company’s revenue was up 11.9% on a year-over-year basis. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. As a group, research analysts expect that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Friday, November 21st were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $2.72 dividend on an annualized basis and a yield of 1.4%. RTX’s dividend payout ratio (DPR) is currently 55.85%.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Markets lifted defense names after reports the White House is pursuing a large military budget, which would boost revenue visibility for prime contractors like RTX. S&P500 and Dow Jones: US Indices Hold Gains as Defense Stocks Surge on Trump Budget
• Positive Sentiment: Coverage notes that defense-sector strength — driven by higher expected military spending and renewed government focus on readiness — is helping RTX shares recover after recent volatility. Lockheed Martin, RTX, Other Defense Stocks Surge. It’s Down to Trump, Again.
• Positive Sentiment: Analyst/commentary pieces highlight momentum metrics and retail/institutional interest that are supporting the stock’s technical strength. Here’s Why RTX (RTX) is a Strong Momentum Stock
• Neutral Sentiment: Opinion pieces outline upside scenarios (e.g., 30% rallies under favorable execution and order flow), useful for longer-term thesis but conditional on policy and execution. How RTX Stock Can Rally 30%
• Negative Sentiment: The White House is pushing measures that could cap future executive base pay if contractors fail to meet performance targets — a direct governance risk for defense CEOs and firms like RTX. Defense CEOs Get Paid a Lot. Trump Is Pushing Them to Deliver.
• Negative Sentiment: The administration signed an order blocking dividends and buybacks at defense contractors until production and responsiveness improve — this directly threatens RTX’s capital-return policy and could force reallocation of cash. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Analysts warn potential restrictions on dividends, buybacks and executive pay could materially change RTX’s cash allocation and investor returns — a downside risk to valuation if enacted widely. RTX And Potential Restrictions On Capital Allocation

Analyst Ratings Changes

Several research firms have issued reports on RTX. Susquehanna lifted their price target on shares of RTX from $175.00 to $205.00 and gave the stock a “positive” rating in a report on Wednesday, October 22nd. JPMorgan Chase & Co. raised their price objective on RTX from $195.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Morgan Stanley set a $215.00 target price on RTX and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. BNP Paribas upgraded RTX to a “strong-buy” rating in a research note on Tuesday, November 18th. Finally, Citigroup assumed coverage on RTX in a research note on Thursday, December 11th. They set a “buy” rating and a $211.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, RTX currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.47.

Insider Buying and Selling

In other news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the business’s stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $180.15, for a total value of $873,547.35. Following the completion of the transaction, the executive vice president owned 59,556 shares of the company’s stock, valued at $10,729,013.40. The trade was a 7.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.15% of the company’s stock.

RTX Profile

RTX (NYSE: RTX) is a U.S.-based aerospace and defense company that designs, manufactures and services advanced systems for commercial, military and governmental customers worldwide. The company was created through the 2020 combination of Raytheon Company and United Technologies Corporation and later adopted the RTX name, positioning itself as a diversified provider across the aerospace and defense value chain.

RTX’s operations span a broad set of capabilities. Its commercial aerospace businesses include Pratt & Whitney aircraft engines and Collins Aerospace systems, which supply propulsion, avionics, aerostructures, interiors and integrated aircraft systems.