Elevate Wealth Advisory Inc. Sells 4,099 Shares of RTX Corporation $RTX

Elevate Wealth Advisory Inc. trimmed its holdings in RTX Corporation (NYSE:RTX) by 56.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,111 shares of the company’s stock after selling 4,099 shares during the period. Elevate Wealth Advisory Inc.’s holdings in RTX were worth $520,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in RTX. PFS Partners LLC lifted its position in shares of RTX by 101.1% during the 2nd quarter. PFS Partners LLC now owns 177 shares of the company’s stock valued at $26,000 after acquiring an additional 89 shares during the period. LFA Lugano Financial Advisors SA bought a new stake in RTX during the second quarter worth about $29,000. Access Investment Management LLC acquired a new stake in RTX during the second quarter worth about $31,000. SOA Wealth Advisors LLC. increased its holdings in RTX by 57.4% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock valued at $32,000 after buying an additional 70 shares during the period. Finally, Clayton Financial Group LLC acquired a new position in shares of RTX in the 3rd quarter valued at approximately $36,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Markets lifted defense names after reports the White House is pursuing a large military budget, which would boost revenue visibility for prime contractors like RTX. S&P500 and Dow Jones: US Indices Hold Gains as Defense Stocks Surge on Trump Budget
• Positive Sentiment: Coverage notes that defense-sector strength — driven by higher expected military spending and renewed government focus on readiness — is helping RTX shares recover after recent volatility. Lockheed Martin, RTX, Other Defense Stocks Surge. It’s Down to Trump, Again.
• Positive Sentiment: Analyst/commentary pieces highlight momentum metrics and retail/institutional interest that are supporting the stock’s technical strength. Here’s Why RTX (RTX) is a Strong Momentum Stock
• Neutral Sentiment: Opinion pieces outline upside scenarios (e.g., 30% rallies under favorable execution and order flow), useful for longer-term thesis but conditional on policy and execution. How RTX Stock Can Rally 30%
• Negative Sentiment: The White House is pushing measures that could cap future executive base pay if contractors fail to meet performance targets — a direct governance risk for defense CEOs and firms like RTX. Defense CEOs Get Paid a Lot. Trump Is Pushing Them to Deliver.
• Negative Sentiment: The administration signed an order blocking dividends and buybacks at defense contractors until production and responsiveness improve — this directly threatens RTX’s capital-return policy and could force reallocation of cash. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Analysts warn potential restrictions on dividends, buybacks and executive pay could materially change RTX’s cash allocation and investor returns — a downside risk to valuation if enacted widely. RTX And Potential Restrictions On Capital Allocation

Insider Activity

In other news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of RTX stock in a transaction 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 transaction, the executive vice president owned 59,556 shares in the company, valued at approximately $10,729,013.40. The trade was a 7.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.15% of the company’s stock.

Analysts Set New Price Targets

RTX has been the topic of several analyst reports. JPMorgan Chase & Co. increased their price target on shares of RTX from $195.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. BNP Paribas raised RTX to a “strong-buy” rating in a report on Tuesday, November 18th. The Goldman Sachs Group boosted 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. Bank of America upped their price objective on RTX from $175.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Finally, Citigroup began coverage on RTX in a research report on Thursday, December 11th. They issued a “buy” rating and a $211.00 target price on the stock. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $184.47.

RTX Trading Up 0.7%

Shares of RTX stock opened at $188.40 on Monday. The company has a quick ratio of 0.81, a current ratio of 1.07 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $252.61 billion, a P/E ratio of 38.69, a P/E/G ratio of 2.74 and a beta of 0.44. RTX Corporation has a twelve month low of $112.27 and a twelve month high of $196.70. The stock’s fifty day simple moving average is $178.20 and its 200 day simple moving average is $165.22.

RTX (NYSE:RTX) last announced its quarterly earnings results on Tuesday, October 21st. The company reported $1.70 EPS for the quarter, beating 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 firm had revenue of $22.48 billion for the quarter, compared to analyst estimates of $21.26 billion. During the same period last year, the firm posted $1.45 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. As a group, sell-side analysts predict that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Friday, November 21st were given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, November 21st. RTX’s dividend payout ratio is 55.85%.

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.