Simplicity Wealth LLC Sells 8,568 Shares of RTX Corporation $RTX

Simplicity Wealth LLC trimmed its position in shares of RTX Corporation (NYSE:RTX) by 26.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 24,099 shares of the company’s stock after selling 8,568 shares during the period. Simplicity Wealth LLC’s holdings in RTX were worth $4,032,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of RTX. Zullo Investment Group Inc. grew its holdings in RTX by 1.2% in the third quarter. Zullo Investment Group Inc. now owns 4,713 shares of the company’s stock worth $789,000 after purchasing an additional 56 shares during the last quarter. Arrow Financial Corp boosted its position in shares of RTX by 0.8% in the 3rd quarter. Arrow Financial Corp now owns 7,334 shares of the company’s stock worth $1,227,000 after purchasing an additional 61 shares in the last quarter. Cornerstone Wealth Group LLC grew its stake in RTX by 1.0% during the 3rd quarter. Cornerstone Wealth Group LLC now owns 6,419 shares of the company’s stock worth $1,074,000 after buying an additional 63 shares during the last quarter. Cornerstone Advisory LLC increased its position in RTX by 0.9% during the 2nd quarter. Cornerstone Advisory LLC now owns 7,490 shares of the company’s stock valued at $1,094,000 after buying an additional 64 shares in the last quarter. Finally, TFC Financial Management Inc. raised its stake in RTX by 3.8% in the third quarter. TFC Financial Management Inc. now owns 1,754 shares of the company’s stock valued at $294,000 after buying an additional 64 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

RTX Stock Up 0.6%

RTX stock opened at $197.46 on Thursday. RTX Corporation has a 52 week low of $112.27 and a 52 week high of $203.03. The firm has a market cap of $264.74 billion, a price-to-earnings ratio of 40.55, a price-to-earnings-growth ratio of 2.84 and a beta of 0.44. The business’s 50-day moving average price is $181.59 and its 200 day moving average price is $168.06. The company has a quick ratio of 0.81, a current ratio of 1.07 and a debt-to-equity ratio of 0.58.

RTX (NYSE:RTX) last posted its earnings results on Tuesday, October 21st. The company reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.29. RTX had a net margin of 7.67% and a return on equity of 13.28%. The firm had revenue of $22.48 billion during the quarter, compared to analyst estimates of $21.26 billion. During the same period in the previous year, the firm earned $1.45 EPS. The business’s quarterly revenue was up 11.9% on a year-over-year basis. As a group, sell-side analysts anticipate that RTX Corporation will post 6.11 earnings per share for the current year.

RTX Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Friday, November 21st were paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Friday, November 21st. RTX’s dividend payout ratio is presently 55.85%.

Key Stories Impacting RTX

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Collins Aerospace (an RTX business) signed three‑year parts distribution agreements for C-130 wheels and brakes, expanding logistics and aftermarket support — a clear revenue/recurring‑service win for the aerospace segment. RTX’s Collins Aerospace signs three-year parts distribution agreements for C-130 wheels and brakes
• Positive Sentiment: Media/analyst pieces are highlighting RTX as a top defense play in the S&P 500, which can lift investor sentiment and demand for the stock given RTX’s large defense/aerospace exposure. Is RTX Corporation (RTX) the best defense stock to buy in the S&P 500?
• Neutral Sentiment: Zacks notes RTX heads into Q4 earnings with expected revenue growth but also tariff pressures on margins; shares have run up over the past year — this frames expectations (positive revenue outlook vs. margin risk) ahead of results. Should You Buy, Hold or Sell RTX Stock Ahead of Q4 Earnings?
• Neutral Sentiment: Comparative coverage and sector pieces (e.g., head‑to‑head with Archer Aviation) are circulating but are low impact for near‑term price moves — they mainly influence thematic investor positioning. Head to Head Contrast: RTX (NYSE:RTX) and Archer Aviation (NYSE:ACHR)
• Neutral Sentiment: Multiple headlines in the feed about “RTX” graphics cards (NVIDIA GeForce RTX 50‑series supply, scalping, pricing, shortages, and product tests) refer to NVIDIA’s product line, not RTX Corporation; these are unlikely to affect RTX’s aerospace/defense fundamentals. Representative articles: RTX 5080 Amazon scam sees RTX 5060 Ti passed off as the $1,400 card and RTX 5090 cards sell out while scalpers make bank

Wall Street Analyst Weigh In

RTX has been the topic of a number of research analyst reports. UBS Group lowered RTX from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $202.00 to $199.00 in a research note on Monday, January 5th. Robert W. Baird set a $203.00 price target on shares of RTX in a research note on Wednesday, October 22nd. JPMorgan Chase & Co. lifted their price objective on shares of RTX from $195.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $195.00 target price on shares of RTX in a research report on Wednesday, October 8th. Finally, Bank of America lifted their price target on RTX from $175.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $186.88.

Insider Buying and Selling

In other news, EVP Neil G. Mitchill, Jr. sold 4,849 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $180.15, for a total value of $873,547.35. Following the completion of the sale, the executive vice president directly owned 59,556 shares in the company, valued at $10,729,013.40. The trade was a 7.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.15% of the company’s stock.

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.