Legacy Trust Increases Holdings in RTX Corporation $RTX

Legacy Trust raised its position in RTX Corporation (NYSE:RTX) by 10.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 57,747 shares of the company’s stock after acquiring an additional 5,328 shares during the period. RTX accounts for about 1.9% of Legacy Trust’s portfolio, making the stock its 15th largest position. Legacy Trust’s holdings in RTX were worth $9,663,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. CORDA Investment Management LLC. raised its position in RTX by 1.6% in the third quarter. CORDA Investment Management LLC. now owns 10,288 shares of the company’s stock valued at $1,721,000 after purchasing an additional 165 shares during the period. TFC Financial Management Inc. grew its stake in RTX by 3.8% during the 3rd quarter. TFC Financial Management Inc. now owns 1,754 shares of the company’s stock worth $294,000 after purchasing an additional 64 shares in the last quarter. Avion Wealth increased its holdings in RTX by 10.5% during the 3rd quarter. Avion Wealth now owns 1,732 shares of the company’s stock worth $289,000 after purchasing an additional 164 shares during the period. Purus Wealth Management LLC raised its position in RTX by 0.5% in the 3rd quarter. Purus Wealth Management LLC now owns 14,669 shares of the company’s stock valued at $2,455,000 after purchasing an additional 75 shares in the last quarter. Finally, Hidden Cove Wealth Management LLC increased its stake in shares of RTX by 18.7% during the third quarter. Hidden Cove Wealth Management LLC now owns 2,576 shares of the company’s stock worth $431,000 after buying an additional 405 shares during the period. 86.50% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Sanford C. Bernstein reiterated a “market perform” rating and issued a $189.00 price target on shares of RTX in a research note on Tuesday. Robert W. Baird set a $203.00 target price on RTX in a report on Wednesday, October 22nd. JPMorgan Chase & Co. upped their price objective on RTX from $195.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, December 19th. Citigroup assumed coverage on RTX in a report on Thursday, December 11th. They issued a “buy” rating and a $211.00 price objective on the stock. Finally, BNP Paribas Exane started coverage on shares of RTX in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $210.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $184.47.

Key RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Markets lifted defense names after reports the White House is pursuing a large military budget, which would boost revenue visibility for prime contractors like RTX. S&P500 and Dow Jones: US Indices Hold Gains as Defense Stocks Surge on Trump Budget
• Positive Sentiment: Coverage notes that defense-sector strength — driven by higher expected military spending and renewed government focus on readiness — is helping RTX shares recover after recent volatility. Lockheed Martin, RTX, Other Defense Stocks Surge. It’s Down to Trump, Again.
• Positive Sentiment: Analyst/commentary pieces highlight momentum metrics and retail/institutional interest that are supporting the stock’s technical strength. Here’s Why RTX (RTX) is a Strong Momentum Stock
• Neutral Sentiment: Opinion pieces outline upside scenarios (e.g., 30% rallies under favorable execution and order flow), useful for longer-term thesis but conditional on policy and execution. How RTX Stock Can Rally 30%
• Negative Sentiment: The White House is pushing measures that could cap future executive base pay if contractors fail to meet performance targets — a direct governance risk for defense CEOs and firms like RTX. Defense CEOs Get Paid a Lot. Trump Is Pushing Them to Deliver.
• Negative Sentiment: The administration signed an order blocking dividends and buybacks at defense contractors until production and responsiveness improve — this directly threatens RTX’s capital-return policy and could force reallocation of cash. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Analysts warn potential restrictions on dividends, buybacks and executive pay could materially change RTX’s cash allocation and investor returns — a downside risk to valuation if enacted widely. RTX And Potential Restrictions On Capital Allocation

RTX Stock Up 0.7%

Shares of NYSE:RTX opened at $188.40 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.07 and a quick ratio of 0.81. The stock has a market cap of $252.61 billion, a P/E ratio of 38.69, a P/E/G ratio of 2.74 and a beta of 0.44. RTX Corporation has a 1-year low of $112.27 and a 1-year high of $196.70. The firm has a fifty day moving average price of $178.20 and a 200 day moving average price of $165.06.

RTX (NYSE:RTX) last announced its earnings results on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.29. RTX had a net margin of 7.67% and a return on equity of 13.28%. The business had revenue of $22.48 billion during the quarter, compared to the consensus estimate of $21.26 billion. During the same quarter in the prior year, the firm earned $1.45 earnings per share. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. RTX has set its FY 2025 guidance at 6.100-6.200 EPS. Sell-side analysts predict that RTX Corporation will post 6.11 EPS for the current year.

RTX Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Friday, November 21st were issued 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 dividend yield of 1.4%. RTX’s payout ratio is presently 55.85%.

Insider Activity at RTX

In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the 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 completion of the sale, the executive vice president directly owned 59,556 shares of the company’s stock, 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 Securities & Exchange Commission, which is available through this link. 0.15% of the stock is owned by company insiders.

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.