Greenleaf Trust decreased its position in RTX Corporation (NYSE:RTX – Free Report) by 40.8% during the third quarter, Holdings Channel reports. The firm owned 41,173 shares of the company’s stock after selling 28,428 shares during the quarter. Greenleaf Trust’s holdings in RTX were worth $6,889,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Hennion & Walsh Asset Management Inc. boosted its holdings in RTX by 34.5% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 23,055 shares of the company’s stock valued at $3,858,000 after acquiring an additional 5,915 shares during the period. Arcataur Capital Management LLC lifted its position in shares of RTX by 7.0% during the third quarter. Arcataur Capital Management LLC now owns 5,072 shares of the company’s stock worth $849,000 after purchasing an additional 333 shares in the last quarter. Capital Management Associates Inc purchased a new position in shares of RTX in the third quarter valued at approximately $286,000. Worth Financial Advisory Group LLC boosted its stake in shares of RTX by 12.8% in the third quarter. Worth Financial Advisory Group LLC now owns 4,949 shares of the company’s stock valued at $828,000 after purchasing an additional 560 shares during the period. Finally, Keystone Wealth Services LLC increased its stake in RTX by 51.7% during the 3rd quarter. Keystone Wealth Services LLC now owns 2,179 shares of the company’s stock worth $365,000 after buying an additional 743 shares during the period. 86.50% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms have commented on RTX. BNP Paribas Exane initiated coverage on shares of RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price target for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of RTX in a report on Monday, December 29th. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 14th. JPMorgan Chase & Co. lifted their price objective on RTX from $195.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, December 19th. Finally, UBS Group lowered shares of RTX from a “buy” rating to a “neutral” rating and cut their target price for the stock from $202.00 to $199.00 in a research note on Monday. Three 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 stock. Based on data from MarketBeat, RTX currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.00.
RTX Trading Up 0.6%
RTX opened at $188.29 on Tuesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.81 and a current ratio of 1.07. RTX Corporation has a one year low of $112.27 and a one year high of $190.50. The company has a market cap of $252.45 billion, a P/E ratio of 38.66, a PEG ratio of 2.73 and a beta of 0.44. The business’s 50-day simple moving average is $177.38 and its 200-day simple moving average is $163.98.
RTX (NYSE:RTX – Get Free Report) last posted its earnings results on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.29. The firm had revenue of $22.48 billion during the quarter, compared to analysts’ expectations of $21.26 billion. RTX had a return on equity of 13.28% and a net margin of 7.67%.The firm’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.45 earnings per share. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. As a group, equities research analysts expect that RTX Corporation will post 6.11 EPS for the current fiscal year.
RTX Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Friday, November 21st were given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, November 21st. RTX’s dividend payout ratio (DPR) is 55.85%.
Insider Buying and Selling
In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the business’s stock in a transaction on Friday, October 24th. The shares were 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 $10,729,013.40. The trade was a 7.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.15% of the stock is owned by corporate insiders.
Key RTX News
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Collins Aerospace (an RTX business) won a $438 million FAA contract to deploy next‑generation surveillance radars for the National Airspace System — a near‑term, revenue‑backed award that supports RTX’s aerospace backlog and execution profile. RTX FAA Radar Contract
- Positive Sentiment: U.S. government contract awards for new air‑traffic control radar systems were publicly confirmed for RTX alongside Indra — Reuters coverage reinforces the credibility and scale of the wins. Reuters: US awards air traffic control radar contracts to RTX, Indra
- Positive Sentiment: Market commentary highlights RTX as a prime beneficiary of a rearmament cycle driven by recent geopolitical activity in South America and broader defense spending — this supports investor expectations for sustained demand and backlog conversion. MarketBeat: S&P 500’s Top-Performing Sectors (RTX)
- Neutral Sentiment: Multiple consumer GPU headlines reference “RTX” products (NVIDIA RTX 50‑series, RTX 3060 return rumors, DLSS 4.5 performance gains, MSI/Alienware RTX 5090 systems). These stories concern NVIDIA’s GPU brand and gaming market dynamics and are unlikely to meaningfully impact RTX Corporation’s aerospace & defense fundamentals. Sources include ExtremeTech, HotHardware, IGN, PC Gamer, MP1st, Tweaktown, PCMag and MSN. Example: ExtremeTech Nvidia RTX 50 Series Example: PC Gamer MSI RTX 5090
- Negative Sentiment: Industry risks flagged by analysts include supply‑chain bottlenecks (titanium, specialty energetics) and the challenge of converting a large backlog into near‑term cash — plus valuation sensitivity (a potential “war premium”) if conflicts are short‑lived. These are execution and macro risks that could temper upside. (Source: sector/analysis briefing referenced in recent market commentary.)
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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