Joel Isaacson & Co. LLC Has $2.72 Million Stake in RTX Corporation $RTX

Joel Isaacson & Co. LLC raised its position in shares of RTX Corporation (NYSE:RTX) by 57.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,241 shares of the company’s stock after acquiring an additional 5,955 shares during the period. Joel Isaacson & Co. LLC’s holdings in RTX were worth $2,718,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in RTX. Zullo Investment Group Inc. grew its holdings in RTX by 1.2% in the 3rd quarter. Zullo Investment Group Inc. now owns 4,713 shares of the company’s stock valued at $789,000 after buying an additional 56 shares during the last quarter. Arrow Financial Corp boosted its position in shares of RTX by 0.8% in the third quarter. Arrow Financial Corp now owns 7,334 shares of the company’s stock valued at $1,227,000 after acquiring an additional 61 shares during the period. Cornerstone Advisory LLC grew its stake in shares of RTX by 0.9% in the second quarter. Cornerstone Advisory LLC now owns 7,490 shares of the company’s stock worth $1,094,000 after acquiring an additional 64 shares during the last quarter. TFC Financial Management Inc. grew its stake in shares of RTX by 3.8% in the third quarter. TFC Financial Management Inc. now owns 1,754 shares of the company’s stock worth $294,000 after acquiring an additional 64 shares during the last quarter. Finally, Briaud Financial Planning Inc increased its position in RTX by 25.4% during the second quarter. Briaud Financial Planning Inc now owns 321 shares of the company’s stock worth $46,000 after acquiring an additional 65 shares during the period. 86.50% of the stock is currently owned by institutional investors.

More RTX News

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Defense rally lifts RTX: Geopolitical/tariff concerns pushed money into defense and aerospace contractors, benefiting RTX (investors see RTX as a beneficiary of higher government spending and geopolitical risk). Ford and GM Stocks Drop on Trump Tariff Threats. Why RTX and Northrop Are Higher.
• Neutral Sentiment: Upcoming earnings are a near-term catalyst: RTX is scheduled to report results next week — analysts and traders will be focused on order trends, margins and guidance; a beat could extend the rally while any miss or cautious guide could reverse gains. RTX (RTX) to Release Earnings on Tuesday
• Neutral Sentiment: Comparisons to Archer Aviation (ACHR) are largely thematic: A recent head-to-head piece contrasts RTX and Archer, but RTX is a diversified defense/aero giant while Archer is a small eVTOL growth play — the comparison is useful for context but unlikely to change RTX’s fundamentals. Head to Head Contrast: RTX (NYSE:RTX) and Archer Aviation (NYSE:ACHR)
• Neutral Sentiment: Multiple tech/gaming headlines reference “RTX” GPUs (Nvidia brand) — not RTX Corporation: Several articles about Nvidia’s RTX GPUs (pricing, shortages, EOL models and laptop deals) are driving online chatter but are unrelated to RTX Corp’s aerospace/defense business; expect occasional ticker/brand confusion among retail investors. Examples: NVIDIA increases GeForce RTX GPU pricing for its partners, but it’s still lower than AMD’s and Temporary shortage or bad omen? NVIDIA RTX 5090 disappears from US stores.

RTX Price Performance

RTX stock opened at $196.37 on Wednesday. The business has a 50 day simple moving average of $181.20 and a 200 day simple moving average of $167.85. RTX Corporation has a one year low of $112.27 and a one year high of $203.03. The company has a market capitalization of $263.28 billion, a PE ratio of 40.32, a price-to-earnings-growth ratio of 2.92 and a beta of 0.44. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.07 and a quick ratio of 0.81.

RTX (NYSE:RTX) last issued its quarterly earnings data on Tuesday, October 21st. The company reported $1.70 earnings per share (EPS) for the quarter, beating 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 company had revenue of $22.48 billion during the quarter, compared to analysts’ expectations of $21.26 billion. During the same period last year, the business earned $1.45 earnings per share. The business’s revenue was up 11.9% on a year-over-year basis. On average, sell-side analysts forecast that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Friday, November 21st were given a $0.68 dividend. The ex-dividend date 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%.

Insider Buying and Selling

In other RTX news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the company’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $180.15, for a total transaction of $873,547.35. Following the sale, the executive vice president directly owned 59,556 shares of the company’s stock, valued at approximately $10,729,013.40. This represents a 7.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.15% of the stock is currently owned by company insiders.

Analyst Ratings Changes

RTX has been the subject of a number of research reports. Susquehanna reissued a “positive” rating and issued a $230.00 price target on shares of RTX in a report on Thursday, January 15th. The Goldman Sachs Group increased their target price on shares of RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Sanford C. Bernstein reissued a “market perform” rating and set a $189.00 target price on shares of RTX in a research report on Tuesday, January 6th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $190.00 price target on shares of RTX in a report on Tuesday, November 25th. Finally, Morgan Stanley set a $215.00 price objective on RTX and gave the stock an “overweight” rating in a research report on Wednesday, October 22nd. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $186.88.

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.