Amalgamated Bank Cuts Stock Holdings in RTX Corporation $RTX

Amalgamated Bank lessened its position in shares of RTX Corporation (NYSE:RTX) by 1.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 261,638 shares of the company’s stock after selling 4,108 shares during the quarter. Amalgamated Bank’s holdings in RTX were worth $43,780,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its stake in RTX by 24.3% in the fourth quarter. Brighton Jones LLC now owns 17,018 shares of the company’s stock worth $1,969,000 after acquiring an additional 3,332 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of RTX by 3.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,873 shares of the company’s stock valued at $564,000 after purchasing an additional 159 shares in the last quarter. Sovran Advisors LLC lifted its position in shares of RTX by 137.5% during the 2nd quarter. Sovran Advisors LLC now owns 4,367 shares of the company’s stock worth $633,000 after purchasing an additional 2,528 shares during the last quarter. Focus Financial Network Inc. grew its stake in shares of RTX by 8.8% during the second quarter. Focus Financial Network Inc. now owns 7,713 shares of the company’s stock worth $1,126,000 after purchasing an additional 627 shares in the last quarter. Finally, Signal Advisors Wealth LLC acquired a new stake in RTX in the second quarter valued at $648,000. Institutional investors and hedge funds own 86.50% of the company’s stock.

Insider Activity

In related 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 value of $873,547.35. Following the completion of the sale, the executive vice president directly 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 SEC, which can be accessed through the SEC website. 0.15% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

RTX has been the subject of a number of analyst reports. Bank of America upped their price objective on shares of RTX from $175.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. UBS Group cut shares of RTX from a “buy” rating to a “neutral” rating and dropped their target price for the company from $202.00 to $199.00 in a report on Monday, January 5th. Citigroup boosted their price target on RTX from $211.00 to $227.00 and gave the stock a “buy” rating in a research note on Tuesday. BNP Paribas Exane began coverage on RTX in a report on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 target price on the stock. Finally, BNP Paribas raised shares of RTX to a “strong-buy” rating in a research note on Tuesday, November 18th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $186.88.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Strong fundamentals & guidance — RTX reported a solid Q3 with revenue up ~12% year/year, an EPS beat and set FY‑2025 guidance (6.10–6.20 EPS), giving investors confidence in near‑term earnings growth.
• Positive Sentiment: Analyst/upgrades and price targets — Multiple firms (Citigroup, BofA, UBS, JP Morgan and others) have recent Buy/Overweight ratings and several price targets above current levels, supporting upward momentum; median analyst target remains above many prior levels. QuiverQuant RTX note
• Positive Sentiment: Zacks style/quality lift — Zacks highlights RTX as a strong growth stock under its style scores, which can attract momentum and quant-driven flows. Zacks: Here’s Why RTX is a Strong Growth Stock
• Neutral Sentiment: GPU/memory supply headlines (NVIDIA/ASUS) — A wave of articles about Nvidia/ASUS ending or pausing RTX 5070 Ti/5060 Ti production and memory shortages is dominating tech news but is only tangential to RTX (a defense/aerospace firm). These reports may affect component suppliers broadly but are unlikely to be a direct driver for RTX today. ExtremeTech GPU memory story The Verge ASUS clarification PCMag Nvidia shipping update
• Negative Sentiment: Political risk / contract-threat chatter — Social media and news summaries flagged a high‑profile threat from political leadership to cut government contracts; that controversy creates headline risk and uncertainty around future defense awards. QuiverQuant RTX note
• Negative Sentiment: Insider selling & institutional rebalancing — QuiverQuant flags notable insider sell activity (multiple senior execs selling) and large institutional reductions (State Street removed a big position), which can weigh on sentiment and signal portfolio trimming. QuiverQuant insider/flows detail

RTX Stock Performance

Shares of NYSE RTX opened at $202.13 on Friday. The company has a market cap of $271.01 billion, a P/E ratio of 41.51, a P/E/G ratio of 2.92 and a beta of 0.44. RTX Corporation has a 12 month low of $112.27 and a 12 month high of $202.17. The business’s 50 day moving average is $180.39 and its two-hundred day moving average is $166.94. 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 data 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 business had revenue of $22.48 billion during the quarter, compared to analysts’ expectations of $21.26 billion. During the same period in the previous year, the firm earned $1.45 earnings per share. The firm’s quarterly revenue was up 11.9% compared to the same quarter last year. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. On average, equities analysts expect that RTX Corporation will post 6.11 EPS for the current 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 given a $0.68 dividend. The ex-dividend date of this dividend was Friday, November 21st. This represents a $2.72 annualized dividend and a dividend yield of 1.3%. RTX’s dividend payout ratio (DPR) is 55.85%.

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.