5,710 Shares of RTX Corporation $RTX Purchased by Marin Bay Wealth Advisors LLC

Marin Bay Wealth Advisors LLC purchased a new stake in RTX Corporation (NYSE:RTX) during the third quarter, HoldingsChannel.com reports. The firm purchased 5,710 shares of the company’s stock, valued at approximately $1,060,000.

Several other large investors have also recently added to or reduced their stakes in RTX. Americana Partners LLC raised its stake in shares of RTX by 1.2% in the third quarter. Americana Partners LLC now owns 202,099 shares of the company’s stock valued at $37,520,000 after acquiring an additional 2,493 shares during the last quarter. Aprio Wealth Management LLC boosted its holdings in shares of RTX by 3.5% in the 3rd quarter. Aprio Wealth Management LLC now owns 14,238 shares of the company’s stock worth $2,643,000 after acquiring an additional 484 shares in the last quarter. Kurv Investment Management LLC boosted its holdings in shares of RTX by 8.9% in the 3rd quarter. Kurv Investment Management LLC now owns 15,279 shares of the company’s stock worth $2,837,000 after acquiring an additional 1,254 shares in the last quarter. Greenup Street Wealth Management LLC bought a new stake in RTX during the 3rd quarter worth approximately $1,791,000. Finally, Petros Family Wealth LLC grew its position in RTX by 6.9% during the 3rd quarter. Petros Family Wealth LLC now owns 8,475 shares of the company’s stock worth $1,573,000 after acquiring an additional 549 shares during the last quarter. 86.50% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

RTX has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on RTX from $215.00 to $240.00 and gave the company an “overweight” rating in a report on Friday, July 24th. UBS Group boosted their price objective on RTX from $209.00 to $212.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 21st. Citigroup restated a “buy” rating on shares of RTX in a report on Wednesday, October 7th. Barclays increased their target price on RTX from $223.00 to $235.00 and gave the stock an “overweight” rating in a report on Wednesday, October 21st. Finally, Deutsche Bank Aktiengesellschaft lowered RTX from a “buy” rating to a “hold” rating and set a $208.00 target price for the company. in a research note on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $228.86.

Insider Transactions at RTX

In other RTX news, EVP Ramsaran Maharajh sold 13,655 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $223.92, for a total value of $3,057,627.60. Following the transaction, the executive vice president directly owned 13,184 shares in the company, valued at approximately $2,952,161.28. This trade represents a 50.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

RTX Price Performance

Shares of RTX stock opened at $200.09 on Friday. RTX Corporation has a 1 year low of $166.74 and a 1 year high of $226.88. The firm’s 50 day moving average is $194.81 and its 200-day moving average is $195.55. The firm has a market capitalization of $270.01 billion, a price-to-earnings ratio of 32.48, a PEG ratio of 2.23 and a beta of 0.31. The company has a current ratio of 1.05, a quick ratio of 0.81 and a debt-to-equity ratio of 0.44.

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

RTX Dividend Announcement

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

Key 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.