RTX Sees Unusually High Options Volume (NYSE:RTX)

RTX Corporation (NYSE:RTXGet Free Report) was the recipient of unusually large options trading on Tuesday. Investors bought 15,946 call options on the stock. This is an increase of 37% compared to the typical daily volume of 11,660 call options.

RTX Trading Up 0.2%

Shares of NYSE RTX traded up $0.44 during trading on Tuesday, reaching $194.29. The stock had a trading volume of 2,444,619 shares, compared to its average volume of 5,752,128. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.81 and a current ratio of 1.07. The company has a market cap of $260.50 billion, a P/E ratio of 40.00, a PEG ratio of 2.74 and a beta of 0.44. The business’s 50-day moving average price is $178.54 and its 200-day moving average price is $165.58. RTX has a fifty-two week low of $112.27 and a fifty-two week high of $197.55.

RTX (NYSE:RTXGet Free Report) 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 the consensus estimate of $21.26 billion. During the same period in the previous year, the company posted $1.45 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. On average, equities research analysts predict that RTX will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Investors 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 dividend on an annualized basis and a yield of 1.4%. RTX’s payout ratio is 55.85%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on RTX shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $195.00 target price on shares of RTX in a report on Wednesday, October 8th. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a report on Sunday, December 14th. Susquehanna upped their target price on shares of RTX from $175.00 to $205.00 and gave the stock a “positive” rating in a research report on Wednesday, October 22nd. Citigroup restated a “buy” rating on shares of RTX in a research report on Tuesday. Finally, Bank of America upped their price target on RTX from $175.00 to $215.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Three analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, RTX has an average rating of “Moderate Buy” and an average price target of $184.47.

View Our Latest Stock Report on RTX

Key Headlines Impacting RTX

Here are the key news stories impacting RTX this week:

Insider Buying and Selling at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 59,556 shares in the company, valued at $10,729,013.40. This represents a 7.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.15% of the company’s stock.

Institutional Trading of RTX

Large investors have recently bought and sold shares of the business. Innova Wealth Partners raised its holdings in shares of RTX by 3.5% during the 4th quarter. Innova Wealth Partners now owns 1,597 shares of the company’s stock valued at $293,000 after buying an additional 54 shares during the period. Zullo Investment Group Inc. lifted its position in shares of RTX by 1.2% during the third quarter. Zullo Investment Group Inc. now owns 4,713 shares of the company’s stock worth $789,000 after purchasing an additional 56 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of RTX by 0.3% in the 3rd quarter. Parkside Financial Bank & Trust now owns 16,465 shares of the company’s stock valued at $2,755,000 after acquiring an additional 57 shares during the last quarter. Uptick Partners LLC raised its holdings in shares of RTX by 1.7% during the third quarter. Uptick Partners LLC now owns 3,327 shares of the company’s stock worth $557,000 after purchasing an additional 57 shares during the period. Finally, Colonial Trust Co SC lifted its holdings in RTX by 0.4% in the third quarter. Colonial Trust Co SC now owns 15,062 shares of the company’s stock worth $2,520,000 after acquiring an additional 57 shares during the last quarter. Institutional investors and hedge funds own 86.50% of the company’s stock.

RTX Company Profile

(Get Free Report)

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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