6,629 Shares in RTX Corporation $RTX Acquired by Floyd Financial Group LLC

Floyd Financial Group LLC acquired a new position in shares of RTX Corporation (NYSE:RTX) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,629 shares of the company’s stock, valued at approximately $1,053,000.

A number of other hedge funds have also made changes to their positions in the business. Zullo Investment Group Inc. increased its holdings in RTX by 1.2% in the 3rd quarter. Zullo Investment Group Inc. now owns 4,713 shares of the company’s stock valued at $789,000 after purchasing an additional 56 shares in the last quarter. Arrow Financial Corp grew its stake in shares of RTX by 0.8% in the third quarter. Arrow Financial Corp now owns 7,334 shares of the company’s stock valued at $1,227,000 after buying an additional 61 shares in the last quarter. Cornerstone Advisory LLC raised its holdings in shares of 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. TFC Financial Management Inc. raised its holdings in shares of RTX by 3.8% during the 3rd quarter. TFC Financial Management Inc. now owns 1,754 shares of the company’s stock valued at $294,000 after buying an additional 64 shares during the period. Finally, Briaud Financial Planning Inc boosted its holdings in 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 period. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Performance

Shares of RTX stock opened at $196.37 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.81 and a current ratio of 1.07. RTX Corporation has a 1 year low of $112.27 and a 1 year high of $203.03. The firm’s 50-day simple moving average is $181.20 and its 200-day simple moving average is $167.85. The firm has a market cap of $263.28 billion, a PE ratio of 40.32, a price-to-earnings-growth ratio of 2.92 and a beta of 0.44.

RTX (NYSE:RTX) last announced its quarterly earnings data on Tuesday, October 21st. The company reported $1.70 earnings per share 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 during the quarter, compared to analyst estimates of $21.26 billion. During the same period in the previous year, the company earned $1.45 earnings per share. RTX’s quarterly revenue was up 11.9% on a year-over-year basis. Equities analysts forecast that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Announces Dividend

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

Insider Transactions at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the firm’s 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 directly owned 59,556 shares in the company, valued at $10,729,013.40. This trade represents a 7.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.15% of the stock is owned by company insiders.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Barron’s reports investors rotated into defense and mining names amid geopolitical/tariff headlines, citing RTX and Northrop as beneficiaries — a sector tailwind for RTX. Ford and GM Stocks Drop on Trump Tariff Threats. Why RTX and Northrop Are Higher.
• Neutral Sentiment: RTX has an upcoming earnings release next week, creating a near-term catalyst and potential source of volatility for the stock as investors position ahead of results. RTX (RTX) to Release Earnings on Tuesday
• Neutral Sentiment: Coverage-heavy reports about Nvidia’s GPU cycle (RTX 50-series, 5090 supply/pricing, 5070 Ti EOL and RAM-driven shortages) are dominating tech headlines but are not directly related to RTX Corporation’s aerospace & defense business; they mostly affect GPU makers, OEMs, and retailers. Representative examples: supply/out-of-stock and price spikes. RTX 5090 out-of-stock / price spike
• Neutral Sentiment: Industry commentary on GPU product lifecycles and supplier strategy (e.g., Gigabyte CEO remarks about Nvidia’s pricing/revenue-per-GB push) could affect PC/OEM customers and suppliers but has no direct operational impact on RTX’s defense/aviation end markets. Gigabyte CEO teases Nvidia’s ‘revenue per gigabyte’ push
• Neutral Sentiment: Retail promotions and laptop deals (multiple outlets reporting discounts on RTX-branded GPUs in laptops) signal healthy consumer promotion activity in the PC channel — relevant to chip/OEM revenue but peripheral for RTX’s core defense revenue. Example deal coverage. Asus laptop deal
• Negative Sentiment: Valuation and positioning risk: RTX trades at a relatively elevated multiple versus historical levels (background PE ~32), recently hit near 12‑month highs, and saw above-average volume today — a setup where investors may be taking profits or de‑risking ahead of earnings, pressuring the share price.

Wall Street Analyst Weigh In

Several brokerages have issued reports on RTX. Robert W. Baird set a $203.00 price objective on shares of RTX in a research report on Wednesday, October 22nd. Citigroup lifted their price target on shares of RTX from $211.00 to $227.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. UBS Group lowered shares of RTX from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $202.00 to $199.00 in a report on Monday, January 5th. BNP Paribas upgraded RTX to a “strong-buy” rating in a research note on Tuesday, November 18th. Finally, BNP Paribas Exane began coverage on RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price target on the stock. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $186.88.

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.