First Horizon Corp Acquires Shares of 28,992 RTX Corporation $RTX

First Horizon Corp bought a new position in RTX Corporation (NYSE:RTX) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 28,992 shares of the company’s stock, valued at approximately $4,851,000.

A number of other institutional investors have also recently made changes to their positions in the business. Zullo Investment Group Inc. boosted its holdings in shares of RTX by 1.2% in the 3rd quarter. Zullo Investment Group Inc. now owns 4,713 shares of the company’s stock worth $789,000 after purchasing an additional 56 shares during the period. Arrow Financial Corp boosted its stake in RTX by 0.8% during the third quarter. Arrow Financial Corp now owns 7,334 shares of the company’s stock worth $1,227,000 after buying an additional 61 shares during the period. Cornerstone Advisory LLC increased its position in RTX by 0.9% during the second quarter. Cornerstone Advisory LLC now owns 7,490 shares of the company’s stock valued at $1,094,000 after acquiring an additional 64 shares during the last quarter. TFC Financial Management Inc. raised its stake in shares of RTX by 3.8% in the third quarter. TFC Financial Management Inc. now owns 1,754 shares of the company’s stock valued at $294,000 after acquiring an additional 64 shares during the period. Finally, Briaud Financial Planning Inc lifted its holdings in shares of RTX by 25.4% in the 2nd quarter. Briaud Financial Planning Inc now owns 321 shares of the company’s stock worth $46,000 after acquiring an additional 65 shares during the last quarter. Institutional investors own 86.50% of the company’s stock.

RTX Trading Up 0.7%

Shares of NYSE RTX opened at $188.40 on Monday. RTX Corporation has a twelve month low of $112.27 and a twelve month high of $196.70. The firm has a market cap of $252.61 billion, a PE ratio of 38.69, a price-to-earnings-growth ratio of 2.74 and a beta of 0.44. The business has a fifty day simple moving average of $178.20 and a two-hundred day simple moving average of $165.22. 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 (NYSE:RTX) last announced its quarterly 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. 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 quarter 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. Analysts expect that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Stockholders 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 dividend payout ratio (DPR) is currently 55.85%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on RTX. Robert W. Baird set a $203.00 price objective on shares of RTX in a research report on Wednesday, October 22nd. Morgan Stanley set a $215.00 price target on RTX and gave the stock an “overweight” rating in a report on Wednesday, October 22nd. BNP Paribas Exane began coverage on RTX in a report on Tuesday, November 18th. They set an “outperform” rating and a $210.00 price objective for the company. Citigroup began coverage on RTX in a research note on Thursday, December 11th. They issued a “buy” rating and a $211.00 target price on the stock. Finally, Susquehanna boosted their target price on shares of RTX from $175.00 to $205.00 and gave the company a “positive” rating in a research note on Wednesday, October 22nd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, RTX presently has a consensus rating of “Moderate Buy” and a consensus price target of $184.47.

Insider Transactions at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the business’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 value of $873,547.35. Following the completion of the transaction, the executive vice president 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 filing with the SEC, which is available at the SEC website. 0.15% of the stock is currently owned by insiders.

More RTX News

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

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.