Aventura Private Wealth LLC purchased a new position in shares of RTX Corporation (NYSE:RTX – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,356 shares of the company’s stock, valued at approximately $799,000.
Several other hedge funds have also made changes to their positions in RTX. State Street Corp raised its stake in shares of RTX by 0.5% during the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after purchasing an additional 552,009 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in RTX by 1.2% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock valued at $192,333,000 after buying an additional 16,034 shares during the period. Oppenheimer & Co. Inc. increased its stake in RTX by 10.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 171,209 shares of the company’s stock valued at $28,648,000 after buying an additional 16,467 shares during the period. Rockland Trust Co. raised its position in shares of RTX by 121.1% during the 3rd quarter. Rockland Trust Co. now owns 20,245 shares of the company’s stock worth $3,388,000 after buying an additional 11,089 shares in the last quarter. Finally, Groupama Asset Managment acquired a new stake in shares of RTX in the 3rd quarter worth approximately $150,078,000. Institutional investors own 86.50% of the company’s stock.
RTX Trading Down 1.4%
RTX stock opened at $198.02 on Friday. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $214.50. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. The firm has a market capitalization of $266.53 billion, a price-to-earnings ratio of 39.92, a P/E/G ratio of 2.91 and a beta of 0.42. The company has a 50 day moving average price of $201.11 and a 200 day moving average price of $181.79.
RTX Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Friday, February 20th were given a dividend of $0.68 per share. The ex-dividend date was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a yield of 1.4%. RTX’s dividend payout ratio (DPR) is presently 54.84%.
Insider Activity
In other news, EVP Dantaya M. Williams sold 12,713 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $202.83, for a total value of $2,578,577.79. Following the completion of the sale, the executive vice president directly owned 16,749 shares of the company’s stock, valued at $3,397,199.67. This represents a 43.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shane G. Eddy sold 17,527 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $199.16, for a total transaction of $3,490,677.32. The SEC filing for this sale provides additional information. In the last three months, insiders sold 89,255 shares of company stock worth $18,151,956. Corporate insiders own 0.10% of the company’s stock.
Trending Headlines about RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Regional military incident (F‑35) underscores near‑term demand for avionics, mission systems and spare parts that RTX supplies, which can boost revenue visibility for defense contractors. Iran Claims Strike on U.S. F-35
- Positive Sentiment: Pentagon seeks a roughly $200 billion supplemental tied to the Iran conflict — if approved, this would be a meaningful multi‑year tailwind for prime contractors like RTX through higher procurement and sustainment spending. Pentagon Seeks $200 Billion for Iran War
- Neutral Sentiment: Analysts and commentators are debating whether RTX’s ~52% one‑year gain already prices in future growth — valuation scrutiny could limit upside until guidance/earnings clarity arrives. Is RTX Still Attractive After A 52% One Year Share Price Gain?
- Neutral Sentiment: Sector Q4 recaps and peer benchmarking highlight solid top‑line performance for RTX but also show mixed margins across peers — useful context for near‑term stock reactions to quarterly data. Defense Contractors Stocks Q4 Recap
- Neutral Sentiment: Several consumer headlines referencing “RTX” GPUs and laptop deals (NVIDIA GeForce RTX branding) are unrelated to RTX Corporation (the aerospace/defense company) and are unlikely to affect RTX stock fundamentals. Factory Reconditioned MSI GeForce RTX 5070 Ti Graphics Cards
- Negative Sentiment: Shares dipped after reports that an Airbus engine dispute could lead to an unspecified damages decision — legal or contract exposure tied to large OEMs can pressure defense primes via costs, delays or reputational risk. RTX Stock Dives as Airbus Engine Row Could Lead to ‘Unspecified Damages’ Decision
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the stock. Citigroup increased their price objective on shares of RTX from $227.00 to $238.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Royal Bank Of Canada upped their target price on RTX from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. JPMorgan Chase & Co. increased their price target on RTX from $200.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. TD Cowen reissued a “buy” rating on shares of RTX in a research note on Tuesday, January 27th. Finally, Jefferies Financial Group restated a “hold” rating on shares of RTX in a report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $202.00.
Check Out Our Latest Research Report on RTX
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.
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