Chicago Capital LLC Sells 3,821 Shares of RTX Corporation $RTX

Chicago Capital LLC trimmed its stake in RTX Corporation (NYSE:RTX) by 8.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,429 shares of the company’s stock after selling 3,821 shares during the quarter. Chicago Capital LLC’s holdings in RTX were worth $7,100,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of RTX. State Street Corp boosted its stake in RTX by 0.5% during the 2nd quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after purchasing an additional 552,009 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its position in shares of RTX by 1.2% during the second quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock valued at $192,333,000 after buying an additional 16,034 shares during the last quarter. MGO One Seven LLC increased its holdings in RTX by 10.2% in the 2nd quarter. MGO One Seven LLC now owns 27,620 shares of the company’s stock worth $4,033,000 after buying an additional 2,554 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its position in RTX by 28,295.2% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 11,926 shares of the company’s stock worth $1,741,000 after buying an additional 11,884 shares during the last quarter. Finally, Armstrong Fleming & Moore Inc bought a new position in RTX during the 2nd quarter valued at about $431,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on RTX shares. Robert W. Baird set a $203.00 price target on shares of RTX in a research note on Wednesday, October 22nd. BNP Paribas Exane initiated coverage on shares of RTX in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 target price for the company. Sanford C. Bernstein increased their price target on RTX from $157.00 to $181.00 and gave the company a “market perform” rating in a report on Monday, October 6th. JPMorgan Chase & Co. raised their price target on RTX from $195.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Finally, Citigroup began coverage on RTX in a research report on Thursday, December 11th. They set a “buy” rating and a $211.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $184.00.

RTX Trading Up 0.6%

Shares of RTX stock opened at $188.29 on Tuesday. 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 $252.45 billion, a price-to-earnings ratio of 38.66, a PEG ratio of 2.73 and a beta of 0.44. RTX Corporation has a 1 year low of $112.27 and a 1 year high of $190.50. The firm has a fifty day moving average price of $177.38 and a 200-day moving average price of $163.98.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, October 21st. The company reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.29. RTX had a return on equity of 13.28% and a net margin of 7.67%.The company had revenue of $22.48 billion for the quarter, compared to analysts’ expectations of $21.26 billion. During the same period last year, the firm earned $1.45 EPS. RTX’s revenue for the quarter was up 11.9% compared to the same quarter last year. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. As a group, equities analysts predict that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

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

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: RTX announced a major FAA award — Collins Aerospace (an RTX business) won a $438 million Radar System Replacement contract to modernize the U.S. National Airspace System, giving near-term revenue visibility in surveillance/radar systems. RTX awarded FAA contract
• Positive Sentiment: U.S. government confirms radar contracts awarded to RTX (and Spain’s Indra) — Reuters coverage reinforces that this is a validated win with defense procurement tailwinds. US awards air traffic control radar contracts to RTX, Indra
• Positive Sentiment: Sector-level thesis: geopolitical action in early January has driven investor rotation into select A&D names (including RTX) that supply stand-off weapons, sensors and sustainment — supporting a multi-year rearmament cycle and backlog monetization. The S&P 500’s Top-Performing Sectors
• Neutral Sentiment: Be aware of headline noise: many recent articles referencing “RTX” concern NVIDIA’s GeForce RTX GPUs (product/retail supply and MSRP stories) and do not affect RTX Corp’s aerospace & defense fundamentals. Example: distributor/RTX 50-series GPU report. European Distributor Appears to Stop Some Nvidia RTX 50 Series Sales
• Negative Sentiment: Supply-chain and valuation risks flagged in sector analysis: shortages in titanium and energetic materials, plus the industry challenge of converting backlog into cash, could pressure near-term margins and execution. Investors should weigh these operational risks against the contract wins. The S&P 500’s Top-Performing Sectors

Insider Buying and Selling

In other RTX news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $180.15, for a total transaction of $873,547.35. Following the sale, the executive vice president owned 59,556 shares in the company, valued at approximately $10,729,013.40. This trade represents a 7.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.15% of the company’s stock.

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.