CNB Bank Buys 5,029 Shares of RTX Corporation $RTX

CNB Bank lifted its stake in shares of RTX Corporation (NYSE:RTX) by 42.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,926 shares of the company’s stock after acquiring an additional 5,029 shares during the quarter. RTX comprises approximately 1.2% of CNB Bank’s holdings, making the stock its 18th largest position. CNB Bank’s holdings in RTX were worth $2,832,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in RTX. Norges Bank acquired a new position in RTX during the second quarter valued at approximately $2,359,602,000. Laurel Wealth Advisors LLC raised its holdings in RTX by 14,974.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,598,943 shares of the company’s stock worth $525,518,000 after acquiring an additional 3,575,069 shares during the period. Vanguard Group Inc. grew its position in shares of RTX by 1.9% in the second quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock valued at $17,825,353,000 after purchasing an additional 2,238,247 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of RTX by 9.3% in the second quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock worth $2,330,215,000 after purchasing an additional 1,361,071 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of RTX by 97.1% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,927,305 shares of the company’s stock worth $281,425,000 after purchasing an additional 949,328 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace (an RTX business) signed three-year parts distribution agreements to support C-130 wheels and brakes, improving logistics and aftermarket coverage — a clear commercial win for RTX’s aerospace aftermarket franchise. RTX’s Collins Aerospace signs three-year parts distribution agreements for C-130 wheels and brakes
• Positive Sentiment: Macro/political headlines (Trump tariff threats) have pushed investors into defense names; Barron’s notes RTX among defense stocks trading higher on these flows, which can lift multiple expansion and near-term demand expectations for defense contractors. Ford and GM Stocks Drop on Trump Tariff Threats. Why RTX and Northrop Are Higher.
• Neutral Sentiment: RTX is due to report Q4 earnings soon; the upcoming release is the primary near-term catalyst — results and guidance will likely drive volatility but the outcome is uncertain. RTX (RTX) to Release Earnings on Tuesday
• Neutral Sentiment: Several tech headlines reference “RTX” (NVIDIA’s RTX GPUs) across retail and supply stories; these are unrelated to RTX Corporation but can create occasional ticker-user confusion in headlines and retail scanners. Representative coverage on GeForce RTX pricing changes is circulating. NVIDIA increases GeForce RTX GPU pricing for its partners, but it’s still lower than AMD’s
• Negative Sentiment: An analyst piece flags that while revenue growth is expected for Q4, tariff pressures could compress margins — a reminder that trade/policy risks may pressure near-term profitability and guidance. That commentary can cap upside until earnings confirm margin resilience. Should You Buy, Hold or Sell RTX Stock Ahead of Q4 Earnings?

RTX Trading Up 0.6%

RTX stock opened at $197.46 on Thursday. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $203.03. The company has a current ratio of 1.07, a quick ratio of 0.81 and a debt-to-equity ratio of 0.58. The business’s 50 day moving average is $181.59 and its 200-day moving average is $168.06. The firm has a market cap of $264.74 billion, a P/E ratio of 40.55, a P/E/G ratio of 2.84 and a beta of 0.44.

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 business had revenue of $22.48 billion for the quarter, compared to analyst estimates of $21.26 billion. During the same quarter in the previous year, the firm earned $1.45 EPS. RTX’s quarterly revenue was up 11.9% on a year-over-year basis. Equities analysts anticipate that RTX Corporation will post 6.11 earnings per share for the current fiscal year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Friday, November 21st were given 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 55.85%.

Insider Transactions at RTX

In other RTX news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the business’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $180.15, for a total value 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. The trade was a 7.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.15% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on RTX. Jefferies Financial Group reaffirmed a “hold” rating and issued a $190.00 price target on shares of RTX in a research report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $195.00 target price on shares of RTX in a research report on Wednesday, October 8th. Sanford C. Bernstein reissued a “market perform” rating and issued a $189.00 price target on shares of RTX in a report on Tuesday, January 6th. Robert W. Baird set a $203.00 price objective on shares of RTX in a report on Wednesday, October 22nd. Finally, The Goldman Sachs Group increased their target price on shares of RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $186.88.

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.