Trace Wealth Advisors LLC acquired a new position in shares of RTX Corporation (NYSE:RTX – Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 3,289 shares of the company’s stock, valued at approximately $550,000.
Several other large investors have also recently bought and sold shares of RTX. LFA Lugano Financial Advisors SA purchased a new position in shares of RTX in the 2nd quarter valued at about $29,000. Valley Wealth Managers Inc. acquired a new stake in RTX during the third quarter worth approximately $30,000. Access Investment Management LLC purchased a new stake in shares of RTX during the 2nd quarter worth approximately $31,000. SOA Wealth Advisors LLC. lifted its position in shares of RTX by 57.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after buying an additional 70 shares during the last quarter. Finally, Clayton Financial Group LLC acquired a new position in shares of RTX in the 3rd quarter valued at $36,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.
RTX Stock Up 1.4%
RTX opened at $198.78 on Friday. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $206.48. The business has a 50 day moving average price of $187.63 and a two-hundred day moving average price of $172.10. The company has a quick ratio of 0.80, a current ratio of 1.03 and a debt-to-equity ratio of 0.51. The company has a market cap of $266.52 billion, a PE ratio of 40.08, a P/E/G ratio of 2.83 and a beta of 0.43.
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Board declares quarterly cash dividend of $0.68 per share — this raises near-term shareholder yield and signals confidence in free cash flow, supporting demand for the stock. RTX Board of Directors Declares Quarterly Cash Dividend
- Positive Sentiment: Raytheon/RTX wins multi-year Pentagon agreements to ramp up missile and munitions production — these contracts imply revenue visibility and production ramp that support near- to mid-term growth and margin stability in the defense segment. RTX’s Raytheon lands seven-year Pentagon deal to ramp up missile production
- Neutral Sentiment: RTX is a trending stock on retail/screeners — elevated attention can add short-term volatility but doesn’t change fundamentals; monitor flows and volume. RTX Corporation (RTX) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Several headlines referencing “RTX” GPUs (Nvidia) are circulating — these relate to NVIDIA’s product line and memory-supply delays, not RTX Corporation’s defense business; they may create search/noise but are not direct fundamentals for RTX (the company). NVIDIA rumors: RTX 50 SUPER not launching this year, RTX 60 ‘Rubin’ delayed over DRAM crisis
- Negative Sentiment: White House order limits on CEO pay, dividends and buybacks for defense contractors — investors worry this policy could curb shareholder returns and capital-allocation flexibility, weighing on valuation sentiment for RTX and peers. Investors in defense stocks wary as Trump places new limits on CEO pay and dividends
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on RTX shares. Royal Bank Of Canada boosted their price target on shares of RTX from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. JPMorgan Chase & Co. boosted their target price on RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. The Goldman Sachs Group upped their target price on RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. TD Cowen reaffirmed a “buy” rating on shares of RTX in a research report on Tuesday, January 27th. Finally, BNP Paribas Exane initiated coverage on RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, RTX has a consensus rating of “Moderate Buy” and a consensus target price of $199.50.
RTX Company 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.
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