47,284 Shares in RTX Corporation $RTX Purchased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC acquired a new position in shares of RTX Corporation (NYSE:RTX) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 47,284 shares of the company’s stock, valued at approximately $7,912,000.

Several other hedge funds have also added to or reduced their stakes in RTX. State Street Corp boosted its position in RTX by 0.5% during the second quarter. State Street Corp now owns 112,706,833 shares of the company’s stock worth $16,457,452,000 after purchasing an additional 552,009 shares during the period. State Board of Administration of Florida Retirement System lifted its stake in shares of RTX by 1.2% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 1,317,166 shares of the company’s stock valued at $192,333,000 after buying an additional 16,034 shares in the last quarter. MGO One Seven LLC boosted its holdings in RTX by 10.2% in the 2nd quarter. MGO One Seven LLC now owns 27,620 shares of the company’s stock worth $4,033,000 after buying an additional 2,554 shares during the period. Bank Julius Baer & Co. Ltd Zurich grew its stake in RTX by 28,295.2% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 11,926 shares of the company’s stock valued at $1,741,000 after buying an additional 11,884 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc bought a new stake in RTX during the 2nd quarter valued at $431,000. Institutional investors own 86.50% of the company’s stock.

RTX News Summary

Here are the key news stories impacting RTX this week:

• Positive Sentiment: Sector tailwind — Microsoft’s recent $170M Air Force cloud win highlights accelerating defense modernization and tech spending that could benefit large defense contractors like RTX as the Pentagon increases IT and systems procurement. Top 5 Defense & Aerospace Stocks After Microsoft’s $170M Air Force Win
• Positive Sentiment: Analyst focus and comparisons — Recent analyst pieces comparing RTX with peers (e.g., General Dynamics) and previewing Q4 estimates keep attention on RTX’s fundamentals and upcoming earnings, supporting investor interest. RTX vs. General Dynamics Q4 Earnings Preview
• Positive Sentiment: High investor interest — Coverage noting that RTX is among the most-searched stocks reflects strong retail and institutional attention, which can amplify moves around earnings and news. Investors Heavily Search RTX
• Neutral Sentiment: Brand/noise risk from Nvidia “RTX” stories — Multiple tech stories about Nvidia’s RTX 50-series production cuts, rebate changes, scalper-driven sellouts and scams are unrelated to RTX Corporation but can create search-driven volatility or investor confusion. Monitor headlines for any short-term noise. Report claims Nvidia ended OPP rebates Nvidia cutting RTX 50-series production
• Neutral Sentiment: Retail & media attention — Features asking whether RTX is the best S&P 500 defense stock add visibility but don’t change fundamentals; they may increase short-term trading interest. Is RTX the best defense stock?
• Negative Sentiment: Capital flows risk from European defense strength — A large European defense IPO and strong performance in that market could divert investor capital away from U.S. defense names, creating a potential headwind for RTX’s relative performance. Sell America? What Europe’s Huge IPO Says About U.S. Defense Stocks.

Analyst Upgrades and Downgrades

RTX has been the subject of a number of analyst reports. Susquehanna reaffirmed a “positive” rating and issued a $230.00 price target on shares of RTX in a report on Thursday, January 15th. Wall Street Zen downgraded RTX from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 14th. JPMorgan Chase & Co. lifted their target price on RTX from $195.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, December 19th. Robert W. Baird set a $203.00 price target on RTX in a research report on Wednesday, October 22nd. Finally, The Goldman Sachs Group raised their price objective on shares of RTX from $151.00 to $168.00 and gave the company a “neutral” rating in a research report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $186.88.

RTX Stock Performance

NYSE:RTX opened at $195.91 on Friday. The business’s 50-day moving average price is $182.44 and its two-hundred day moving average price is $168.76. RTX Corporation has a twelve month low of $112.27 and a twelve month high of $203.03. The stock has a market cap of $262.67 billion, a P/E ratio of 40.23, a PEG ratio of 2.86 and a beta of 0.44. 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 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Friday, November 21st were paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Friday, November 21st. RTX’s dividend payout ratio (DPR) is currently 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.