Roman Butler Fullerton & Co. grew its position in shares of RTX Corporation (NYSE:RTX – Free Report) by 58.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,386 shares of the company’s stock after purchasing an additional 4,913 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in RTX were worth $2,361,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the company. LFA Lugano Financial Advisors SA bought a new stake in RTX during the second quarter valued at $29,000. Valley Wealth Managers Inc. acquired a new stake in RTX during the third quarter worth approximately $30,000. Access Investment Management LLC acquired a new position in RTX in the second quarter valued at approximately $31,000. SOA Wealth Advisors LLC. grew its position in shares of RTX by 57.4% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 192 shares of the company’s stock worth $32,000 after buying an additional 70 shares during the period. Finally, Clayton Financial Group LLC bought a new stake in shares of RTX in the 3rd quarter valued at $36,000. 86.50% of the stock is owned by institutional investors.
RTX Price Performance
Shares of NYSE RTX opened at $198.78 on Monday. The stock has a market cap of $266.52 billion, a price-to-earnings ratio of 40.08, a PEG ratio of 2.87 and a beta of 0.43. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.03. RTX Corporation has a fifty-two week low of $112.27 and a fifty-two week high of $206.48. The firm’s 50-day simple moving average is $187.63 and its 200 day simple moving average is $172.37.
Wall Street Analyst Weigh In
A number of research firms have commented on RTX. JPMorgan Chase & Co. raised their price target on shares of RTX from $200.00 to $215.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Susquehanna reissued a “positive” rating and set a $230.00 price objective on shares of RTX in a research report on Thursday, January 15th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $204.00 target price on shares of RTX in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of RTX in a research note on Monday, December 29th. Finally, Vertical Research reiterated a “buy” rating and issued a $227.00 price target on shares of RTX in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $199.50.
Check Out Our Latest Analysis on RTX
Key Headlines Impacting RTX
Here are the key news stories impacting RTX this week:
- Positive Sentiment: Board declares quarterly cash dividend of $0.68 per share — this raises near-term shareholder yield and signals confidence in free cash flow, supporting demand for the stock. RTX Board of Directors Declares Quarterly Cash Dividend
- Positive Sentiment: Raytheon/RTX wins multi-year Pentagon agreements to ramp up missile and munitions production — these contracts imply revenue visibility and production ramp that support near- to mid-term growth and margin stability in the defense segment. RTX’s Raytheon lands seven-year Pentagon deal to ramp up missile production
- Neutral Sentiment: RTX is a trending stock on retail/screeners — elevated attention can add short-term volatility but doesn’t change fundamentals; monitor flows and volume. RTX Corporation (RTX) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Several headlines referencing “RTX” GPUs (Nvidia) are circulating — these relate to NVIDIA’s product line and memory-supply delays, not RTX Corporation’s defense business; they may create search/noise but are not direct fundamentals for RTX (the company). NVIDIA rumors: RTX 50 SUPER not launching this year, RTX 60 ‘Rubin’ delayed over DRAM crisis
- Negative Sentiment: White House order limits on CEO pay, dividends and buybacks for defense contractors — investors worry this policy could curb shareholder returns and capital-allocation flexibility, weighing on valuation sentiment for RTX and peers. Investors in defense stocks wary as Trump places new limits on CEO pay and dividends
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.
Further Reading
- Five stocks we like better than RTX
- Your Bank Account Is No Longer Safe
- The day the gold market broke
- What a Former CIA Agent Knows About the Coming Collapse
- He just nailed another gold prediction …
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
Want to see what other hedge funds are holding RTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RTX Corporation (NYSE:RTX – Free Report).
Receive News & Ratings for RTX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTX and related companies with MarketBeat.com's FREE daily email newsletter.
