Perpetual Ltd Has $889,000 Position in RTX Corporation $RTX

Perpetual Ltd boosted its holdings in RTX Corporation (NYSE:RTX) by 123.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,310 shares of the company’s stock after acquiring an additional 2,937 shares during the period. Perpetual Ltd’s holdings in RTX were worth $889,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake 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 worth $17,825,353,000 after buying an additional 2,238,247 shares during the last quarter. State Street Corp lifted its position in RTX by 0.5% during the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after acquiring an additional 552,009 shares during the last quarter. Fisher Asset Management LLC lifted its position in RTX by 4.2% during the second quarter. Fisher Asset Management LLC now owns 20,599,190 shares of the company’s stock worth $3,007,894,000 after acquiring an additional 837,268 shares during the last quarter. Norges Bank bought a new stake in shares of RTX during the second quarter worth approximately $2,359,602,000. Finally, Massachusetts Financial Services Co. MA grew its position in shares of 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 purchasing an additional 1,361,071 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: JPMorgan raised its price target on RTX to $200 and reiterated an “overweight” rating, implying roughly a mid‑teens upside from current levels and supporting momentum for the shares. JPMorgan raises RTX price target
• Positive Sentiment: Raytheon (RTX) won a contract to support Patriot fire units — reported as a $168.1M Army award — reinforcing steady demand for RTX’s air & missile defense business and adding near‑term revenue visibility. RTX’s Unit Secures a Contract to Support the Patriot Missile
• Positive Sentiment: Raytheon announced a separate ~$168M award to supply Patriot‑related equipment to Romania — a repeat customer — which underscores follow‑on international defense sales and backlog growth. RTX’s Raytheon awarded $168 million contract for Romanian Patriot air defense equipment
• Positive Sentiment: Raytheon will equip the USAF’s autonomous X‑62A VISTA with its PhantomStrike radar — a capability win that highlights RTX’s participation in advanced avionics and autonomous systems markets. RTX’s Raytheon to equip U.S. Air Force autonomous fighter jet with PhantomStrike radar
• Neutral Sentiment: Multiple tech/consumer articles report NVIDIA GeForce RTX 50‑series product launches, discounts and rumored production cuts (30–40%) due to memory shortages. These items primarily affect NVIDIA and PC‑GPU markets and are unlikely to materially change RTX’s defense & aerospace fundamentals, though broader tech sentiment could spill over into the sector. NVIDIA launches new NVIDIA RTX PRO 5000 72GB Blackwell GPU
• Neutral Sentiment: Consumer PC/gaming deal coverage (discounts on RTX‑branded GPUs and systems) is market noise for RTX Corporation and should have limited direct impact on the company’s aerospace & defense revenue. Lenovo Legion Pro 5 gaming laptop deal packs OLED, RTX 5060, and 32GB RAM

Analysts Set New Price Targets

Several research firms recently weighed in on RTX. The Goldman Sachs Group lifted their price target on RTX from $151.00 to $168.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Robert W. Baird set a $203.00 target price on shares of RTX in a research report on Wednesday, October 22nd. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. Morgan Stanley set a $215.00 price objective on shares of RTX and gave the stock an “overweight” rating in a research note on Wednesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $195.00 price objective on shares of RTX in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, RTX currently has an average rating of “Moderate Buy” and an average target price of $184.18.

RTX Trading Up 2.2%

RTX opened at $182.19 on Monday. The stock has a market capitalization of $244.28 billion, a price-to-earnings ratio of 37.41, a P/E/G ratio of 2.88 and a beta of 0.44. The company has a quick ratio of 0.81, a current ratio of 1.07 and a debt-to-equity ratio of 0.58. RTX Corporation has a twelve month low of $112.27 and a twelve month high of $183.24. The company has a 50-day simple moving average of $173.37 and a 200 day simple moving average of $160.69.

RTX (NYSE:RTX) last released its earnings results on Tuesday, October 21st. The company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.41 by $0.29. The firm 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%. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period last year, the firm earned $1.45 EPS. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. Analysts predict that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently disclosed 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. This represents a $2.72 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, November 21st. RTX’s payout ratio is currently 55.85%.

Insiders Place Their Bets

In other RTX news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the company’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $180.15, for a total transaction of $873,547.35. Following the completion of the sale, the executive vice president directly owned 59,556 shares in the company, valued at $10,729,013.40. This represents a 7.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.15% of the stock is owned by insiders.

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.