Greenup Street Wealth Management LLC Purchases New Stake in RTX Corporation $RTX

Greenup Street Wealth Management LLC purchased a new stake in shares of RTX Corporation (NYSE:RTX) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 9,647 shares of the company’s stock, valued at approximately $1,791,000.

Several other institutional investors have also recently made changes to their positions in RTX. BlackRock Inc. acquired a new stake in RTX during the second quarter worth $20,970,571,000. Bank of New York Mellon Corp purchased a new stake in RTX in the second quarter valued at $1,456,256,000. Legal & General Group Plc purchased a new stake in RTX in the second quarter valued at $1,267,256,000. Deutsche Bank AG acquired a new position in shares of RTX in the 2nd quarter valued at $725,900,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of RTX in the 2nd quarter valued at $636,932,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Analyst Upgrades and Downgrades

RTX has been the subject of a number of recent analyst reports. Robert W. Baird set a $240.00 price objective on RTX in a research report on Friday, July 24th. Jefferies Financial Group set a $250.00 price objective on shares of RTX and gave the company a “buy” rating in a report on Sunday, July 26th. Barclays upped their target price on shares of RTX from $223.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, October 21st. The Goldman Sachs Group increased their target price on shares of RTX from $195.00 to $206.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. Finally, DA Davidson lifted their price target on shares of RTX from $192.00 to $219.00 and gave the company a “neutral” rating in a research report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, RTX currently has an average rating of “Moderate Buy” and an average price target of $228.86.

Insider Transactions at RTX

In other news, EVP Ramsaran Maharajh sold 13,655 shares of the 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 owned 13,184 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. 0.10% of the stock is owned by company insiders.

RTX Trading Up 0.3%

RTX opened at $200.09 on Friday. RTX Corporation has a 52 week low of $166.74 and a 52 week high of $226.88. The company has a quick ratio of 0.81, a current ratio of 1.05 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $194.81 and a 200-day simple moving average of $195.55. The firm has a market cap of $270.01 billion, a P/E ratio of 32.48, a P/E/G ratio of 2.22 and a beta of 0.31.

RTX (NYSE:RTX) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.48. RTX had a return on equity of 14.89% and a net margin of 8.75%. The firm had revenue of $24.96 billion for the quarter, compared to the consensus estimate of $24.11 billion. During the same quarter in the previous year, the business earned $1.70 EPS. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. On average, equities analysts expect that RTX Corporation will post 7.67 earnings per share for the current year.

RTX Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 20th will be paid a dividend of $0.73 per share. The ex-dividend date is Friday, November 20th. This represents a $2.92 dividend on an annualized basis and a yield of 1.5%. RTX’s dividend payout ratio is 47.40%.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Quarterly dividend maintained: RTX’s board declared a cash dividend of $0.73 per share, payable December 10, 2026, to shareholders of record on November 20. The payment equates to $2.92 annually and a yield of approximately 1.4%, reinforcing the company’s shareholder-return profile. RTX Board of Directors Declares Quarterly Cash Dividend
• Positive Sentiment: Improving fundamental outlook: Recent coverage highlights RTX’s third-quarter revenue and earnings beat, raised guidance, record backlog, and signs of recovering commercial aerospace demand. The stronger outlook has helped shares recover recently, although the stock remains below its 52-week high. RTX Could Be 14% Undervalued As Raised Guidance Lifts The Valuation Case
• Positive Sentiment: Analyst sentiment remains favorable: The average brokerage recommendation for RTX is equivalent to a Buy. While analyst ratings should be interpreted cautiously, the consensus can provide near-term support for the stock. Is It Worth Investing in RTX Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Valuation remains a consideration: RTX trades at a relatively elevated earnings multiple following its recovery, so further gains may depend on continued execution, aerospace-market improvement, and delivery against raised guidance. The dividend is supportive but modest at roughly 1.4%.

RTX Company Profile

RTX Corporation (NYSE: RTX) is an aerospace and defense company that develops and manufactures products and systems for commercial aviation, business aviation, military aircraft and government customers. Its portfolio includes aircraft engines, avionics, flight-control systems, cabin interiors, communications equipment, air and missile defense systems, precision weapons, radars and advanced sensors.

The company operates through three principal businesses: Collins Aerospace, which supplies aerospace systems and components; Pratt & Whitney, which designs and produces aircraft engines and related services; and Raytheon, which provides defense and intelligence technologies.