RTX Corporation $RTX Shares Bought by Woodley Farra Manion Portfolio Management Inc.

Woodley Farra Manion Portfolio Management Inc. boosted its stake in shares of RTX Corporation (NYSE:RTX) by 15.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 52,612 shares of the company’s stock after acquiring an additional 6,867 shares during the period. Woodley Farra Manion Portfolio Management Inc.’s holdings in RTX were worth $9,768,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Lynx Capital Group Ltd. ADV purchased a new position in RTX in the 3rd quarter valued at about $4,568,000. Csenge Advisory Group boosted its holdings in RTX by 8.2% in the 3rd quarter. Csenge Advisory Group now owns 7,836 shares of the company’s stock worth $1,455,000 after buying an additional 593 shares during the last quarter. D.B. Root & Company LLC boosted its holdings in RTX by 5.9% in the 3rd quarter. D.B. Root & Company LLC now owns 6,832 shares of the company’s stock worth $1,268,000 after buying an additional 383 shares during the last quarter. DMKC Advisory Services LLC increased its stake in RTX by 0.8% during the 3rd quarter. DMKC Advisory Services LLC now owns 22,371 shares of the company’s stock worth $4,153,000 after buying an additional 169 shares in the last quarter. Finally, Welch & Forbes LLC purchased a new stake in RTX during the 3rd quarter worth approximately $195,370,000. 86.50% of the stock is owned by hedge funds and other institutional investors.

RTX Trading Up 2.1%

Shares of RTX stock opened at $200.39 on Wednesday. The company’s 50-day moving average price is $193.00 and its 200-day moving average price is $195.54. The company has a current ratio of 1.05, a quick ratio of 0.81 and a debt-to-equity ratio of 0.44. The stock has a market cap of $270.41 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 2.17 and a beta of 0.30. RTX Corporation has a twelve month low of $166.74 and a twelve month high of $226.88.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.48. The company had revenue of $24.96 billion during the quarter, compared to analyst estimates of $24.11 billion. RTX had a return on equity of 14.89% and a net margin of 8.75%. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.70 earnings per share. As a group, equities analysts predict that RTX Corporation will post 7.73 earnings per share for the current year.

RTX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 20th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, November 20th. RTX’s payout ratio is currently 47.40%.

Insider Transactions at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the sale, the executive vice president directly owned 13,184 shares in the company, valued at $2,952,161.28. This represents a 50.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dantaya Williams sold 9,071 shares of the stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $201.70, for a total transaction of $1,829,620.70. Following the sale, the executive vice president directly owned 16,930 shares in the company, valued at $3,414,781. This represents a 34.89% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

RTX has been the subject of a number of research analyst reports. Jefferies Financial Group set a $250.00 target price on RTX and gave the company a “buy” rating in a report on Sunday, July 26th. JPMorgan Chase & Co. lifted their price target on RTX from $215.00 to $240.00 and gave the stock an “overweight” rating in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft lowered RTX from a “buy” rating to a “hold” rating and set a $208.00 price target on the stock. in a research note on Tuesday, October 13th. Susquehanna boosted their price target on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a research report on Friday, July 24th. Finally, Rothschild & Co Redburn increased their price objective on RTX from $180.00 to $215.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $231.24.

Trending Headlines about RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: An outlook piece points to potential margin expansion and cash-flow growth in 2027, suggesting improving profitability could support RTX’s financial performance. RTX sees margin expansion, cash flow growth in 2027
• Positive Sentiment: Raytheon completed a third successful flight test of its DeepStrike JR3 training rocket for the U.S. Army. The milestone advances the program, although it is not itself confirmation of a production award. Raytheon advances Joint Reduced Range Rocket with third successful flight test
• Positive Sentiment: RTX’s Raytheon reportedly plans to increase Tomahawk and AMRAAM missile production substantially by 2030, signaling potential long-term demand and growth opportunities. Tomahawk, AMRAAM missiles could see fourfold production surge by 2030 under RTX plan
• Positive Sentiment: Zacks added RTX to its Rank #1 (Strong Buy) lists, a favorable analyst-screening signal, though such rankings do not guarantee future returns. New Strong Buy Stocks for November 10th
• Neutral Sentiment: A valuation article asks whether RTX’s share price is supported by expected cash generation after substantial three-year gains, highlighting valuation as a consideration alongside recent defense wins. Is RTX Still Near Fair Value After New Defense Wins?

RTX Company Profile

RTX Corporation is an aerospace and defense company whose businesses include Collins Aerospace, Pratt & Whitney and Raytheon. The company serves commercial aviation, military and government customers around the world. Collins Aerospace develops aircraft systems and components, including avionics, communications, flight controls and cabin equipment. Pratt & Whitney designs and manufactures aircraft engines and provides related maintenance services. Raytheon develops defense systems and technologies, including air and missile defense, sensors and precision weapons.