RTX Corporation $RTX Shares Sold by Legacy Wealth Management LLC MS

Legacy Wealth Management LLC MS lessened its stake in shares of RTX Corporation (NYSE:RTX) by 13.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,440 shares of the company’s stock after selling 5,016 shares during the quarter. RTX makes up approximately 1.6% of Legacy Wealth Management LLC MS’s holdings, making the stock its 12th largest holding. Legacy Wealth Management LLC MS’s holdings in RTX were worth $5,261,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of RTX. Vanguard Group Inc. lifted its stake in shares of RTX by 1.9% during the second quarter. Vanguard Group Inc. now owns 122,074,734 shares of the company’s stock valued at $17,825,353,000 after buying an additional 2,238,247 shares during the period. State Street Corp increased its stake in RTX by 0.5% in the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock valued at $16,457,452,000 after purchasing an additional 552,009 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of RTX by 4.2% during the 2nd quarter. Fisher Asset Management LLC now owns 20,599,190 shares of the company’s stock valued at $3,007,894,000 after buying an additional 837,268 shares during the period. Norges Bank acquired a new position in RTX during the second quarter valued at approximately $2,359,602,000. Finally, Massachusetts Financial Services Co. MA grew its position in RTX by 9.3% in the second quarter. Massachusetts Financial Services Co. MA now owns 15,958,191 shares of the company’s stock valued at $2,330,215,000 after acquiring an additional 1,361,071 shares in the last quarter. 86.50% of the stock is owned by institutional investors and hedge funds.

RTX News Roundup

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Anticipation of a large U.S. military budget lifted defense names, supporting expectations for bigger government orders that would benefit RTX’s top line and backlog. S&P500 and Dow Jones: US Indices Hold Gains as Defense Stocks Surge on Trump Budget
• Positive Sentiment: Coverage notes a sector rebound — headlines and analyst attention (Barron’s/WSJ) are pointing to stronger defense spending flows that typically translate to multi-year revenue visibility for primes like RTX. Lockheed Martin, RTX, Other Defense Stocks Surge. It’s Down to Trump, Again.
• Neutral Sentiment: Analyst/opinion pieces highlight RTX’s rally potential and historical volatility — useful for momentum traders but speculative for long-term valuation changes. How RTX Stock Can Rally 30%
• Neutral Sentiment: RTX is a trending ticker on market sites (Zacks, sector write-ups), increasing retail/institutional attention — this can amplify moves but doesn’t change fundamentals by itself. Here is What to Know Beyond Why RTX Corporation (RTX) is a Trending Stock
• Negative Sentiment: President Trump has publicly restricted dividends and buybacks for defense contractors and threatened to cut contracts for firms seen as slow to meet military needs — this raises regulatory/political risk that could limit shareholder returns and create operational uncertainty. Trump threatens cut in Raytheon’s government contracts over stock buybacks
• Negative Sentiment: Analysis warns of possible formal restrictions on RTX’s capital allocation (dividends, buybacks, exec pay) tied to production performance; that could materially alter cash deployment and shareholder returns if enforced. RTX And Potential Restrictions On Capital Allocation
• Negative Sentiment: Former-employee litigation seeking class treatment over 401(k) forfeitures introduces a potential legal/financial liability and added headline risk. RTX Ex-Workers Want 100,000-Person Class Over 401(k) Forfeitures

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on RTX. Jefferies Financial Group reissued a “hold” rating and set a $190.00 price target on shares of RTX in a research report on Tuesday, November 25th. UBS Group downgraded shares of RTX from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $202.00 to $199.00 in a report on Monday. Robert W. Baird set a $203.00 price target on shares of RTX in a research report on Wednesday, October 22nd. Wall Street Zen downgraded shares of RTX from a “strong-buy” rating to a “buy” rating in a research report on Sunday, December 14th. Finally, Citigroup started coverage on shares of RTX in a report on Thursday, December 11th. They issued a “buy” rating and a $211.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.47.

Insider Buying and Selling

In related news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the stock in a transaction that occurred on Friday, October 24th. The shares were 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 represents a 7.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.15% of the stock is currently owned by corporate insiders.

RTX Stock Up 0.9%

RTX opened at $187.38 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.81 and a current ratio of 1.07. The company has a market capitalization of $251.24 billion, a PE ratio of 38.48, a P/E/G ratio of 2.71 and a beta of 0.44. The stock’s fifty day moving average is $178.01 and its 200-day moving average is $164.60. RTX Corporation has a one year low of $112.27 and a one year high of $196.70.

RTX (NYSE:RTX) last released its earnings results on Tuesday, October 21st. The company reported $1.70 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $22.48 billion for the quarter, compared to analyst estimates of $21.26 billion. During the same period in the previous year, the company earned $1.45 earnings per share. RTX’s 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. On average, equities analysts predict that RTX Corporation will post 6.11 EPS for the current fiscal year.

RTX Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Friday, November 21st were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, November 21st. RTX’s payout ratio is presently 55.85%.

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.