Forvis Mazars Wealth Advisors LLC Sells 2,601 Shares of RTX Corporation $RTX

Forvis Mazars Wealth Advisors LLC lessened its position in shares of RTX Corporation (NYSE:RTX) by 8.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 30,053 shares of the company’s stock after selling 2,601 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in RTX were worth $5,029,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Norges Bank bought a new stake in RTX in the 2nd quarter valued at $2,359,602,000. Laurel Wealth Advisors LLC boosted its position in shares of RTX by 14,974.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,598,943 shares of the company’s stock valued at $525,518,000 after acquiring an additional 3,575,069 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of RTX by 1.9% during the 2nd quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock valued at $17,825,353,000 after acquiring an additional 2,238,247 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in RTX by 9.3% in the second quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock valued at $2,330,215,000 after acquiring an additional 1,361,071 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in RTX by 97.1% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,927,305 shares of the company’s stock worth $281,425,000 after purchasing an additional 949,328 shares in the last quarter. 86.50% of the stock is currently owned by institutional investors and hedge funds.

RTX Trading Down 2.8%

RTX opened at $196.37 on Wednesday. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $203.03. The stock has a market capitalization of $263.28 billion, a PE ratio of 40.32, a PEG ratio of 2.92 and a beta of 0.44. The company has a current ratio of 1.07, a quick ratio of 0.81 and a debt-to-equity ratio of 0.58. The firm has a 50-day moving average price of $181.20 and a two-hundred day moving average price of $167.85.

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

RTX Dividend Announcement

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

Insider Buying and Selling

In other news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of RTX stock in a transaction on 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 sale, the executive vice president directly owned 59,556 shares of the company’s stock, valued at approximately $10,729,013.40. This trade represents a 7.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.15% of the company’s stock.

Analyst Ratings Changes

RTX has been the topic of a number of recent research reports. Morgan Stanley set a $215.00 price objective on RTX and gave the company an “overweight” rating in a report on Wednesday, October 22nd. BNP Paribas raised RTX to a “strong-buy” rating in a research note on Tuesday, November 18th. The Goldman Sachs Group increased their price objective on RTX from $151.00 to $168.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Jefferies Financial Group reissued a “hold” rating and set a $190.00 price objective on shares of RTX in a report on Tuesday, November 25th. Finally, JPMorgan Chase & Co. upped their target price on shares of RTX from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, December 19th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $186.88.

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Barron’s reports investors rotated into defense and mining names amid geopolitical/tariff headlines, citing RTX and Northrop as beneficiaries — a sector tailwind for RTX. Ford and GM Stocks Drop on Trump Tariff Threats. Why RTX and Northrop Are Higher.
• Neutral Sentiment: RTX has an upcoming earnings release next week, creating a near-term catalyst and potential source of volatility for the stock as investors position ahead of results. RTX (RTX) to Release Earnings on Tuesday
• Neutral Sentiment: Coverage-heavy reports about Nvidia’s GPU cycle (RTX 50-series, 5090 supply/pricing, 5070 Ti EOL and RAM-driven shortages) are dominating tech headlines but are not directly related to RTX Corporation’s aerospace & defense business; they mostly affect GPU makers, OEMs, and retailers. Representative examples: supply/out-of-stock and price spikes. RTX 5090 out-of-stock / price spike
• Neutral Sentiment: Industry commentary on GPU product lifecycles and supplier strategy (e.g., Gigabyte CEO remarks about Nvidia’s pricing/revenue-per-GB push) could affect PC/OEM customers and suppliers but has no direct operational impact on RTX’s defense/aviation end markets. Gigabyte CEO teases Nvidia’s ‘revenue per gigabyte’ push
• Neutral Sentiment: Retail promotions and laptop deals (multiple outlets reporting discounts on RTX-branded GPUs in laptops) signal healthy consumer promotion activity in the PC channel — relevant to chip/OEM revenue but peripheral for RTX’s core defense revenue. Example deal coverage. Asus laptop deal
• Negative Sentiment: Valuation and positioning risk: RTX trades at a relatively elevated multiple versus historical levels (background PE ~32), recently hit near 12‑month highs, and saw above-average volume today — a setup where investors may be taking profits or de‑risking ahead of earnings, pressuring the share price.

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.