Farther Finance Advisors LLC boosted its position in RTX Corporation (NYSE:RTX – Free Report) by 10.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,358 shares of the company’s stock after buying an additional 4,612 shares during the quarter. Farther Finance Advisors LLC’s holdings in RTX were worth $7,924,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also added to or reduced their stakes in RTX. Cornerstone Advisory LLC boosted its position in RTX by 0.9% during the 2nd quarter. Cornerstone Advisory LLC now owns 7,490 shares of the company’s stock valued at $1,094,000 after buying an additional 64 shares during the period. Briaud Financial Planning Inc boosted its position in shares of RTX by 25.4% during the second quarter. Briaud Financial Planning Inc now owns 321 shares of the company’s stock valued at $46,000 after purchasing an additional 65 shares in the last quarter. AssuredPartners Investment Advisors LLC boosted its holdings in shares of RTX by 2.4% during the 3rd quarter. AssuredPartners Investment Advisors LLC now owns 2,816 shares of the company’s stock valued at $471,000 after buying an additional 65 shares in the last quarter. Carr Financial Group Corp grew its holdings in RTX by 1.8% in the third quarter. Carr Financial Group Corp now owns 3,831 shares of the company’s stock worth $641,000 after purchasing an additional 67 shares during the period. Finally, Abound Wealth Management grew its stake in shares of RTX by 4.4% in the 3rd quarter. Abound Wealth Management now owns 1,604 shares of the company’s stock worth $268,000 after buying an additional 67 shares during the last quarter. 86.50% of the stock is currently owned by hedge funds and other institutional investors.
RTX Stock Down 0.0%
Shares of NYSE RTX opened at $185.67 on Wednesday. The firm has a 50-day simple moving average of $174.43 and a two-hundred day simple moving average of $161.35. RTX Corporation has a 1 year low of $112.27 and a 1 year high of $188.00. 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 company has a market cap of $248.94 billion, a P/E ratio of 38.12, a PEG ratio of 2.94 and a beta of 0.44.
RTX Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Friday, November 21st were issued a $0.68 dividend. The ex-dividend date was Friday, November 21st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.5%. RTX’s payout ratio is presently 55.85%.
Analysts Set New Price Targets
Several analysts recently commented on the stock. BNP Paribas raised shares of RTX to a “strong-buy” rating in a research report on Tuesday, November 18th. JPMorgan Chase & Co. lifted their price objective on RTX from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, December 19th. The Goldman Sachs Group upped their target price on shares of RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. BNP Paribas Exane assumed coverage on RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price objective on the stock. Finally, Jefferies Financial Group restated a “hold” rating and set a $190.00 price objective on shares of RTX in a research report on Tuesday, November 25th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.18.
Read Our Latest Stock Report on RTX
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Raytheon (an RTX business) won a $1.7 billion contract to deliver four Patriot air & missile defense systems to Spain — a material backlog and revenue win that strengthens defense segment visibility. RTX unit Raytheon lands $1.7 billion deal to supply Patriot systems to Spain
- Positive Sentiment: Collins Aerospace (an RTX business) showcased a small‑form anti‑jam Assured Positioning Navigation & Timing (APNT) solution at a U.S. Army experiment — a technology demonstration that supports product competitiveness in defense and civil programs. RTX’s Collins Aerospace demonstrates latest development in anti-jam technology
- Neutral Sentiment: Multiple consumer GPU headlines (Gigabyte removing leaking thermal paste from “RTX 5000/50” cards, performance tests of RTX 5090, RTX 50 series PC recommendations, discounts) refer to Nvidia’s GeForce “RTX” brand — these do not pertain to RTX Corporation’s aerospace & defense business and should have minimal direct impact on the stock. Representative article: Gigabyte removes leaking thermal paste from RTX 5000 GPUs, replaces it with thermal pads
- Neutral Sentiment: Other consumer/retail stories (discounted RTX‑powered laptops, stock/production rumour pieces) affect GPU suppliers and Nvidia ecosystem sentiment rather than RTX Corp fundamentals; treat these as background noise for RTX investors. Example: Looking to Blaze the AI Trail? Get a PC With a Dedicated GeForce RTX 50 Series GPU
Insider Buying and Selling at RTX
In other news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the 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 transaction, the executive vice president owned 59,556 shares of the company’s stock, valued at approximately $10,729,013.40. This represents a 7.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.15% of the company’s stock.
About RTX
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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